Novelis and Thyssenkrupp Forge Aerospace Aluminum Supply Deal

Novelis and Thyssenkrupp sign aerospace aluminum agreement. Novelis supplies aerospace-grade plates and sheets.
Novelis

Strategic Partnership to Enhance Global Aerospace Supply Chains

Novelis and Thyssenkrupp have entered a multi-year agreement. Novelis will supply aerospace-grade aluminum. This includes plates and sheets. Thyssenkrupp's distribution segment will receive the materials. Novelis will provide flat products. These products come from its Koblenz, Germany, and Zhenjiang, China, facilities. Thyssenkrupp's Supply Chain Solutions' aerospace segment will benefit. Deliveries will go to Thyssenkrupp locations in Europe and Asia. 

Novelis acquired the Koblenz and Zhenjiang plants. This acquisition occurred through the Aleris Rolled Products buyout. The buyout closed in April 2020. The Koblenz plant has a 150,000 metric ton capacity. This capacity is for semi-finished aluminum products. The Zhenjiang facility has a 250,000 metric ton hot mill capacity. It can produce 35,000 metric tons of commercial plate products. Aerospace aluminum grades are crucial. These grades include 2024, 6061, and 7075. They offer high-strength, lightweight properties. They are vital for energy-efficient aircraft production. These materials are used in wings and fuselages.

Expanding Reach in Key Aerospace Markets

The agreement strengthens both companies' positions. Novelis reinforces its role as a key aluminum supplier. Thyssenkrupp enhances its aerospace supply chain. The partnership targets the growing demand for lightweight materials. This demand is within the aerospace industry. The deal leverages Novelis' production capabilities. It utilizes facilities in both Europe and Asia. It ensures consistent supply for Thyssenkrupp. This collaboration supports the development of more fuel-efficient aircraft.

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