Jul 1 2008
Novelis Korea Limited announced that it has successfully completed the installation of Novelis Fusion(TM) technology at its plant in Ulsan, South Korea, and has begun commercial production of multi-alloy aluminum sheet products. This is Novelis' second application of its proprietary technology following the ground-breaking launch at its plant in Oswego, New York in 2006. This is also Novelis' second major investment in South Korea this year after the completion of a US$30 million expansion of its aluminum rolling mill in Yeongju last March.
Novelis Fusion(TM) is a unique solidification technology that produces aluminum sheet ingots with multiple layers of different alloys. These "multi-alloy" ingots are then rolled into premium sheet products with previously unattainable combinations of attributes such as high strength and superior surface quality.
Installing the technology in the Ulsan plant involved reconfiguring the existing ingot casting facility, known as the Universal Casting Shop. As its name implies, the casting shop has a flexible configuration which can be easily adapted to different casting technologies, making the conversion to Novelis Fusion(TM) rapid and cost-efficient. The casting facility is now producing both Netcast(TM) shape-cast products for automotive parts and Novelis Fusion(TM) ingots for sheet products.
The initial opportunity for Novelis Fusion(TM) sheet products in the Korean marketplace is to replace the conventional clad aluminum products used in heat exchanger applications. Novelis has already begun to supply brazing sheet to Korean customers that previously relied on imports, and the company expects to continue to increase its market share in the Asian market.
"With Novelis Fusion technology, we are now capable of offering a full range of high-quality brazing sheet and fin stock products for heat exchangers," said Bill Herr, Ulsan Plant Manager. "This will support our continued effort to deliver innovation for our customers."
"We are excited about the new opportunities that Novelis Fusion will open up for customers in Asia," added Jacquie Bartlett, Vice President Sales & Marketing. "Beyond the heat exchanger market, this new technology will add momentum to our initiatives to develop high-value products with our customers and to enter new markets."
Based on positive response from customers, the company is rolling out its Novelis Fusion(TM) technology worldwide. Projects are under way to also install the technology in Europe and South America, which will provide global coverage to all major markets. Customer interest is high in markets such as automotive, architecture and household appliances.