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Novelis announces investment to enhance Oswego operations

October 18, 2021 - Novelis Inc., Atlanta, announced plans to invest approximately $130 million to upgrade its operations in Oswego, New York, to meet growing customer demand for sustainable, aluminum flat rolled products. The project enables Novelis to increase hot mill capacity by 124,000 metric tons at the plant, which serves the Can, Automotive and Specialty Products markets, as well as enhance finishing capabilities for automotive sheet.

The new investment includes upgrades to the plant's hot reversing mill motors and drive train and hot finishing mill coolant systems, as well as an enhancement of batch annealing capabilities. In line with Novelis' sustainability goal to reduce energy use by 10 percent by 2026, the project will also enhance energy-efficiency at the plant. This investment further strengthens the plant's position for additional recycled aluminum inputs and increased recycled content across its product lines in the future. The investment projects will begin in spring 2022 and are expected to be completed in 2024.

"By investing in modern, energy-efficient upgrades in Oswego, we aim to sustain and grow important partnerships with our valued customers," said Tom Boney, EVP and president, Novelis North America. "These upgrades also strengthen Novelis' ability to thrive in Oswego as a great place to work and a partner to the community."

The investment follows the successful expansion of significant automotive finishing capabilities and recycling capacity at the Oswego plant over the last decade. These investments included the addition of more than 300,000 metric tons of state-of-the-art automotive finishing capacity and the expansion of the recycling center, which processes roughly 25 million pounds of automotive aluminum scrap per month. Using recycled aluminum requires significantly less energy and water and avoids 95% of the greenhouse gas emissions associated with primary aluminum production.

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