The expansion increases production capacity at the plant by more than 50% to greater than 600,000 metric tons of aluminium sheet per year.
The $340m investment represents the largest capital expansion by Novelis in South America in the past decade, strengthening the company's commitment to the region.
According to the aluminium giant, the expansion positions Novelis to meet growing market demand with state-of-the-art technologies designed to deliver the highest quality product to customers.
Brazilian growth ?
"This investment reflects the ability of Novelis to respond to our customers' needs, develop new products and surpass market expectations," said Phil Martens, president and chief executive of Novelis.
He added: "Brazil is one of the most rapidly-growing regions where Novelis operates around the world. With the expansion of our plant in Pindamonhangaba, we expect to meet the growing demand for aluminium flat rolled products in South America for the next decade."
The expansion included the installation of a third cold rolling mill, designed with advanced technology to deliver improved product quality and productivity. In addition, the investment included a new ingot casting centre as well as a new pusher furnace for the hot rolling mill.
Beverage cans and aluminium packaging
"The investment strengthens the company's leadership position in key markets including beverage cans and aluminium packaging," said Tadeu Nardocci, president of Novelis South America.
The Novelis plant in Pindamonhangaba also houses the largest aluminium recycling centre in South America, according to the firm.
