Hindalco to invest Rs 3,000cr to boost flat rolled products capacity

Hindalco to invest Rs 3,000cr to boost flat rolled products capacity

Hindalco Industries Limited said that its board of directors has sanctioned the company’s plans for an INR 3,000 crores expansion project to ramp up its flat rolled products capacity. In this connection, the Indian aluminum and copper manufacturing company will undertake a downstream flat rolled project (FRP) at its existing facilities at Hirakud and Aditya […]

Hindalco subsidiary Novelis to invest $300m to expand Chinese aluminum factory

Hindalco subsidiary Novelis to invest $300m to expand Chinese aluminum factory

Novelis, a subsidiary of Hindalco Industries, will invest nearly $300 million to expand its automotive aluminum capabilities and recycling operations at its Zhenjiang aluminum factory in China. In this connection, the aluminum rolling and recycling company signed a memorandum of understanding (MOU) with the Zhenjiang Jingkou Industrial Zone in Zhenjiang City, Jiangsu Province. Wei Xiaoxi […]