Global alluminium company Novelis has opened its expanded $340m aluminium rolling facility in Pindamonhangaba, Sao Paulo, Brazil.
As part of the expansion, the company installed a third cold rolling mill, designed to enhance product quality and productivity.
The expansion also saw the addition of a new ingot casting centre and a pusher furnace for the hot rolling mill. It is set to increase production capacity at the plant by more than 50% annually to 600,000t of aluminium sheet.
Novelis president and CEO Phil Martens said that Brazil is among the most rapidly-growing regions in the world where the company has a presence.
"With the expansion of our plant in Pindamonhangaba, we expect to meet the growing demand for aluminum flat rolled products in South America for the next decade," he said.
Novelis South America president Tadeu Nardocci said that the investment will bolster the company's position in key markets, including beverage cans and aluminium packaging.
"We are expanding our recycling operations, increasing the use of post-consumer aluminum scrap and accelerating the development of new alloys that contain a greater percentage of recycled content," Nardocci added.
The changes are aligned with the company's sustainable business strategy including its target of reaching 80% recycled content in its products by 2020.
The aluminium recycling centre within Pindamonhangaba plant is South America's largest such facility.
Image: The investment will strengthen Novelis' position in markets including beverage cans and aluminium packaging. Photo: courtesy of freedigitalphotos/ David Castillo Dominici.