U.S. industrial aluminum company Novelis Inc. intends to commit $175 million in expanding the production and recycling capabilities of its Pindamonhangaba plant in Brazil.
The planned upgrades include bumping up rolled aluminium capacity by 100 thousand metric tons per year to a total of 680 thousand metric tons per annum and increasing recycling capacity by 60 thousand metric tons per annum to 450 thousand metric tons per annum.
Additional improvements include a new water-sourcing system and the purchase of 90 additional acres of land for future expansion.
Novelis Inc. said that the investment in additional rolling and recycling capacity further strengthens the company’s commitment to the South American region and better positions it to meet its customers’ needs.