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Acquisition creates "worlds largest aluminium roller"

The acquisition of Novelis by Hindalco has been completed. This move has created the "worlds largest aluminium roller" and one of the biggest producers of aluminium in Asia. Novelis will operate as a subsidiary of Hindalco, with increased financial stability and access to funding. In response to the changes Novelis Recycling National Manager Andy Doran said: It is very good news for Novelis. Hindalco and Novelis have complementary strengths and the marriage ...