Novelis invests R$450M to expand aluminum rolling and recycling complex in Brazil

Novelis announced a R$450 million investment to increase production capacity at its Pindamonhangaba plant from 680,000 to 750,000 tonnes per year, with improvements to be completed by the first half of 2024.

“A Novelis investe sempre à frente da demanda de mercado com o objetivo de assegurar a oferta de chapas e suportar o crescimento dos negócios de seus clientes.”pindamonhangaba.sp.gov.br

• 2 sources
• pindamonhangaba.sp.gov.br24/03 - Novelis anuncia nova expansão e investe R$ 450 milhões em seu complexo de laminação e reciclagem de alumínio - Prefeitura de PindamonhangabaMar 24, 2022
• cantechonline.comNovelis completes $150 million aluminium rolling & recycling expansion in Brazil - CanTech InternationalAlex RiversApr 13, 2022

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