Novelis allots $50M for Brazilian coating line

Dec 21, 2011 | 11:10 AM | Suzy Waite

Tags  Novelis, coating line, beverage can end stock, Pindamonhangaba, Brazil, used beverage can, Marco Palmieri, Suzy Waite

NEW YORK — Aluminum producer Novelis Inc. will invest some $50 million to install a coating line for beverage can end stock at its rolling and recycling complex in Pindamonhangaba, Brazil, the company said Wednesday.

The new coating line is expected to come online in late 2013 and will have the capacity to process 100,000 tonnes of aluminum sheet per year, the Atlanta-based company said. ....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center