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Aditya Birla Group confirmed a R$5 billion investment to expand the Novelis aluminum plant in Pindamonhangaba, Brazil, doubling its size. The project includes a new plant adjacent to the existing one, aiming to increase capacity from 750,000 to 1.2 million tonnes per year, with construction expected to take about three years.
“O aporte deverá dobrar o tamanho da unidade e está entre os maiores investimentos industriais recentes anunciados no país.”onnews.com.br
Summarized from public sources; check the original articles before acting on it.