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Hindalco Industries to set up a beverage cans unit

Hindalco Industries is expanding its beverage cans unit in Hirakud. It may be noted, the company has acquired Novelis, a Canada based company which is the world largest recycler of aluminium beverage cans and is the no.1 producer on Europe, South America and Asia. It is also the second largest producer of flat rolled aluminium products in north America. Hindalco is closing down Novelsis’s Rogerstone plant in Britain and is shipping all the machineries and equipment to Hirakud. It has acquired land for the project and received all statutory clearances.

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