January 31, 2015 4:21 PM ET

Metals and Mining

Company Overview of Novelis Corporation

Company Overview

Novelis Corporation manufactures and supplies aluminum sheets, light gauge products, and foils for automotive and transportation, beverage and food packaging, construction and industrial, and printing markets. It also produces sheet ingot from recycled consumer aluminum. The company was formerly known as Alcan Aluminum Corp. and changed its name to Novelis Corporation in March 2005. The company is based in Dallas, Texas. It has aluminum rolling operations in Sao Paulo, Brazil. Novelis Corporation operates as a subsidiary of Novelis Inc.

350 North St. Paul Street

Suite 2900

Dallas, TX 75201

United States

Key Executives for Novelis Corporation

Age: 57
Age: 64
Vice President and General Manager Automotive Unit
Age: 49
Vice President of Specialty Sales for Asia
Age: 36
Compensation as of Fiscal Year 2014.

Novelis Corporation Key Developments

Novelis Corporation Appoints Vishal Rao as Vice President, Specialty Sales, Asia

Novelis Corporation announced that Vishal Rao will assume the role of Vice President, Specialty Sales, Asia for Novelis Corporation. Presently, he is working as Managing Director of Aluminium Co. of Malaysia Bhd. He served in strategy and sales roles for Novelis in North America and Europe. Past experience includes McKinsey and Company in USA, World Bank Latin America region, KPMG India and in charge of strategy for Novelis European region as well as Sales Director for Novelis European packaging business.

Novelis Announces Commissioning of Expanded Aluminum Rolling Operations in South America

Novelis announced the opening of its expanded aluminum rolling operations in Pindamonhangaba, Sao Paulo, Brazil. The expansion increases production capacity at the plant by more than 50% to greater than 600,000 metric tons of aluminum sheet per year. The USD 340 million investment represents the larger capital expansion by Novelis in South America in the past decade, strengthening the company's commitment to the region. The expansion positions Novelis to meet growing market demand with technologies designed to deliver the higher quality product to customers. The expansion included the installation of a third cold rolling mill, designed with advanced technology to deliver improved product quality and productivity. In addition, the investment included a new ingot casting center as well as a new pusher furnace for the hot rolling mill. The Novelis plant in Pindamonhangaba also houses the larger aluminum recycling center in South America.

Thomas Felix Boney to Join as Vice President and General Manager Automotive Unit of Novelis Corporation

Thomas Felix Boney will be assuming the role of Vice President and General Manager Automotive Unit of Novelis Corporation, Atlanta GA.

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