Novelis to invest $300m in can sheet capacity

June 2: In response to rising demand for drinks cans in South America, Novelis is to expand the capacity of its aluminium rolling operations in Brazil by more than 50 percent.

Novelis, the world leader in can sheet production, will be investing about $300 million at its Pindamonhangaba mill, raising capacity to more than 600,000 tonnes.