Novelis Inc. has completed its USD150m investment to expand both rolling and recycling capacity at its Pindamonhangaba, Brazil plant by 100,000 t each.
Annual capacity at this rolling and recycling complex, the largest in South America, is expected to increase to around 680,000 t for aluminium sheet and 490,000 t for recycling.
The additional recycling capacity helps support the company’s sustainability goals to reduce its carbon footprint by 30 % by 2026 and to be net carbon neutral by 2050. Novelis boss Steve Fisher commented. “We will continue to identify and invest in projects like this expansion in Brazil that will move Novelis toward being a fully circular business.”
Rolling and recycling expansion supports Novelis’s growth strategy
The additional capacity at the South American plant will allow Novelis to continue growing alongside its beverage packaging and specialty customers in the region. The investment also includes the purchase of an additional 380,000 m2 of land for potential future expansion. “This project reaffirms Novelis’ commitment to serve the growing South American market with high-quality, innovative, low-carbon, sustainable aluminium solutions,” said Francisco Pires, President of Novelis South America.
This is the second major investment within a decade in the Pindamonhangaba plant. Ninety new permanent jobs have been added at the Pindamonhangaba plant as a result of the expansion, which was completed on time and within budget. The investment includes the establishment of another reliable water source for the plant and a new railway terminal.