According to ancient Chinese legend, 2012 is the Year of the Dragon, said to be a deliverer of good fortune. For Novelis, the legend rang true because last month, we officially broke ground on our first plant in China, which will produce aluminum sheet for the rapidly growing automotive sector.
The plant, located in Changzhou in the Jiangsu Province, will help Novelis to meet the demand for automotive aluminum in China which is anticipated to exceed the 25 percent compound annual growth rate expected across the globe over the next five years, as auto manufacturers strive for improved fuel efficiency and reduced emissions.
Sustainable manufacturing is an important focus in this project, and we are building our new facility according to rigorous environmental design, construction and operational standards.
Our groundbreaking event, attended by several of our automotive customers and local government officials, was a special way to declare the official start of construction. In China, we say and hope for “Sheng Yi Xing Long” which means, “Prosperous business.”