Novelis works will start in February 2019 after announcement of millionaire investment

With more than R$650 million in cash for investment in the expansion of its factory in the state of São Paulo, Novelis will increase its production capacity and job creation

On the 12th of this month of November, Novelis announced to the press offices its new expansion investment in its factory in the city of Pindamonhangaba, São Paulo, in the approximate order of R$ 650 million. It is worth mentioning that Novelis is one of the largest companies in the sector of beverage cans and other specialties, which will maximize the current production of 100 thousand tons per year of plates to 680 thousand. For recycling systems, this jump will be from the current 60 thousand to 450 thousand tons/year.

Additionally, the project will include a new system to capture water, after the companies managed to obtain an area equivalent to 380 thousand square meters, which will facilitate future installations and powers.

Steve Fischer, Global CEO of Novelis Inc said in an interview: “The investment to increase production and recycling capacity reinforces our commitment to South America and to customers in the region”, he says. "Our focus on establishing an additional source of water helps us deliver on our purpose to create a sustainable world together."

Beginning of Works

Novelis informed that the works will begin in February 2019 with an expected period of 2 years or until 2021. The production capacity of plates, lamination, recycling and other optimizations will be increased, around 50 new jobs will be generated (Check out some open jobs here).

“Sustainability is the backbone of our business model and the expansion project is fully aligned with this vision, the Pindamonhangaba plant is already the largest aluminum lamination and recycling center in South America. With the expansion, Novelis reinforces its commitment to the sector, consolidates its leadership position in the country and creates opportunities to develop innovative solutions in partnership with customers”, says Tadeu Nardocci, president of Novelis South America.