# 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.

- Type: Expansion
- Announced: 2022-03-24
- Where: Pindamonhangaba, São Paulo, Brazil
- Value: $150.0M (450.0M BRL)
- Starts operating: 13 Apr 2022
- Status: announced
- Capacity: 70,000 tonnes per year (additional)
- Products: aluminum sheets, aluminum laminates
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md)

## Sources

- [pindamonhangaba.sp.gov.br](https://www.pindamonhangaba.sp.gov.br/noticias/desenvolvimento-economico/2403-novelis-anuncia-nova-expansao-e-investe-r-450-milhoes-em-seu-complexo-de-laminacao-e-reciclagem-de-aluminio), 2022-03-24: "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."
- [cantechonline.com](https://www.cantechonline.com/news/28541/novelis-completes-150-million-aluminium-rolling-recycling-expansion-in-brazil/), 2022-04-13: "Novelis Inc, specialist in aluminium rolling and recycling, has announced the completion of its $150 million investment to expand both rolling and recycling capacity at its Pindamonhangaba, Brazil, plant by 100 kilotonnes each."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.