{"id":3641,"date":"2014-10-29T00:45:15","date_gmt":"2014-10-29T00:45:15","guid":{"rendered":"https:\/\/staging.asminternational.org\/smst\/novelis-invests-100-million-in-its-chinese-aluminum-plant\/"},"modified":"2023-02-23T21:48:39","modified_gmt":"2023-02-23T21:48:39","slug":"novelis-invests-100-million-in-its-chinese-aluminum-plant","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/smst\/results\/-\/journal_content\/56\/10192\/22793677\/NEWS\/","title":{"rendered":"Novelis invests $100 million in its Chinese aluminum plant"},"content":{"rendered":"

\n\tNovelis, Atlanta, has opened China’s first plant dedicated to the production of heat-treated aluminum automotive sheet.  The wholly-owned facility, located in the Changzhou National Hi-Tech District, represents a $100 million investment by Novelis to expand its global footprint to serve the rapidly growing market for automotive aluminum.<\/p>\n

\n\tWith an annual capacity of 120,000 metric tons, the new facility will assist China in meeting its environmental goals, and will provide customers in Asia and abroad with high-quality automotive sheet for lightweight vehicle structures and body panels such as hoods, doors, fenders, and lift gates.<\/p>\n

\n\tThe opening makes Novelis the only company to produce automotive aluminum sheet in all three of the world’s major automobile producing regions — Asia, Europe, and North America.<\/p>\n

\n\tSince 2011, Novelis has invested more than $550 million globally to triple its automotive sheet capacity to 900,000 metric tons by 2015. Demand for aluminum is rapidly increasing as automakers strive to design a new generation of lighter, more fuel-efficient vehicles with reduced life-cycle emissions. Each 10% weight reduction can result in a 5 to 7% fuel savings.<\/p>\n

\n\tCurrently, Novelis aluminum products are featured in more than 180 models of vehicles produced by leading automakers around the globe. Novelis forecasts the global demand from automakers for aluminum sheet will grow by approximately 30 percent each year through the end of the decade<\/p>\n

\n\twww.novelis.com\/china<\/p>\n

\n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

Novelis, Atlanta, has opened China’s first plant dedicated to the production of heat-treated aluminum automotive sheet.<\/p>\n","protected":false},"author":63103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[431,421,423,424,1],"tags":[],"class_list":["post-3641","post","type-post","status-publish","format-standard","hentry","category-automobiles-and-ground-transportation","category-general","category-news","category-news-articles","category-uncategorized"],"yoast_head":"\nNovelis invests $100 million in its Chinese aluminum plant - Shape Memory and Superelastic Technologies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asminternational.org\/smst\/results\/-\/journal_content\/56\/10192\/22793677\/NEWS\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Novelis invests $100 million in its Chinese aluminum plant - 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