Novelis Inc. has announced that it will invest more than US$30 million in its operations in Brazil over the next 18 months in a number of projects designed to increase production capacity and introduce new technology.
Close to $21 million will be invested in process technology and equipment improvements at the company's aluminium rolling mill and recycling
complex at Pindamonhangaba. The improvements will increase the plant's rolling capacity to 400,000 metric tons per year and will increase its annual capacity for aluminium recycling from 80,000 to 150,000 metric tons.
The company also announced that it will invest $4.6 million at the Ouro Preto plant to install its Novelis Fusion solidification technology for the production of aluminium sheet ingots with multiple alloy layers. These multi-alloy ingots can be rolled into sheet products with previously unattainable product features.
Novelis will also invest $4.7 million in an information technology project aimed at integrating and unifying its current operating systems in Brazil in a pilot project which will later be implemented in the company's operations worldwide.
It is also to pursue a project to expand its hydroelectric generating capacity in Brazil. Public hearings are currently under way on a proposed 23 MW development in Nova Brito, in the state of Minas Gerais. The company currently operates nine hydro-power plants in the state with a total installed generating capacity of 117 MW.
Novelis employs approximately 2,000 people throughout Brazil and is the leading producer of aluminium rolled products in South America.
Source: Novelis
Minerals and Metals at www.minerals-and-metals.com
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