Novelis wins Hyundai Group’s 'Supplier of the Year' award
Hindalco Industries’ subsidiary becomes first aluminium sheet provider to win the award from the South Korean automaker. Novelis' high-strength, high-formability and lightweight aluminium solutions used in hoods, doors and tailgates, full body structures and EV battery enclosures.
Novelis, the aluminium solutions provider and global leader in aluminium rolling and recycling, has won the '2022 Supplier of the Year' award from Hyundai Motor Group. The award was presented at the automaker's annual 'Partnership Day' held in South Korea earlier this month.
Hyundai Motor Group honoured Novelis in the ‘Material Supplier’ category based on the comprehensive evaluation of all of its aluminium and steel material suppliers in the areas of supply chain reliability, quality and technical support.
Novelis, a subsidiary of India’s Hindalco Industries, is the first-ever aluminium sheet provider to win the title of 'Supplier of the Year' from the South Korean automaker.
Novelis currently supplies automotive aluminium sheets produced at its technically advanced rolling facility in Ulsan, South Korea, for inner and exterior applications for Hyundai Motor Group's Genesis brand, as well as its electric vehicle (EV) models. Novelis' high-strength, high-formability and lightweight aluminium solutions are applicable to various automotive parts such as hoods, doors and tailgates, full body structures and EV battery enclosures.
"We are very honoured to be the first aluminium sheet maker that has won this recognition as Hyundai's partner for material innovation," said Sachin Satpute, President, Novelis Asia (pictured above). "With more than 50 years of experience and technical expertise in automotive aluminum production and recycling, we are looking forward to expanding our partnership with Hyundai toward our shared goal of carbon neutrality."
Novelis is the world's largest supplier of aluminium sheet to the automotive industry and is the only aluminium supplier with automotive sheet capacity on all three major auto-producing continents – Asia, Europe and North America. Novelis has established the world's first and largest closed-loop recycling system for automotive aluminium.
In Ulsan, South Korea, Novelis is currently building a new $50 million aluminium recycling facility. With an annual casting capacity of 100 kilo-tonnes of low-carbon sheet ingot, the centre is expected to reduce Novelis' carbon emissions by more than 420,000 tons each year.
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