Hindalco subsidiary Novelis to invest $300m for Zhenjiang plant expansion

Hindalco subsidiary Novelis to invest $300m for Zhenjiang plant expansion

Novelis, a subsidiary of Hindalco Industries, has announced a further investment of $375 million for expanding its rolling and recycling capabilities at its aluminum factory in Zhenjiang, China. The aluminum rolling and recycling company said that the investment will totally integrate its automotive business to supply low-carbon, sustainable aluminum to automakers in Asia. The expansion […]