Aditya Birla group-led Novelis Inc is all set to invest in a new low-carbon recycling. As well as rolling plant in Bay Minette, Alabama, USA. In order to meet the demand for cans. Also, the project has attracted an investment of $ 2.5 billion. Lest, making it to be a largest global greenfield expansion project by the Birla group.
“This investment marks the start of another transformational growth phase for Novelis”. Expressed Kumar Mangalam Birla, Chairman of the Aditya Birla Group and the Novelis Board of Directors. He further added. “We continue to invest in each of the markets Novelis serves. From beverage can to automotive, aerospace and specialties. And in all geographies. Novelis has a track record of success in delivering customers the low-carbon, sustainable aluminum solutions they seek. And we will continue that storied history with this investment and others to come.”