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mahatmakanejeeves

(57,489 posts)
Thu May 12, 2022, 04:31 PM May 2022

Novelis Plans New Aluminum Plant to Meet Demand for Cans

WSJ NEWS EXCLUSIVE | BUSINESS

Novelis Plans New Aluminum Plant to Meet Demand for Cans

Biggest U.S. aluminum-rolling mill in decades to open in southern Alabama as beverage makers stretch supplies

By Bob Tita
https://twitter.com/bob_tita
robert.tita@wsj.com
May. 11, 2022 6:00 am ET

Novelis Inc. said it intends to build the largest aluminum-rolling plant in the U.S. in nearly 40 years to supply a growing market for beverage cans.

The planned plant, near Mobile, Ala., will have a capacity to produce 600,000 metric tons of aluminum sheet a year, the company said. About two-thirds of the output will go to can makers, the company said, including Colorado’s Ball Corp., BALL 2.94%▲ which provides empty cans to the beverage industry. The remaining third of the plant’s capacity will make aluminum sheet for the automotive industry.

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