Novelis realizes untapped energy cost savings of $1.9 million with EcoStruxure Power Monitoring Expert
Novelis, a leading multinational aluminum manufacturing and recycling company, produces leading-edge rolled-aluminum products for beverage cans, automobiles, architecture, and consumer electronics for customers in North and South America, Europe, and Asia. With 700 employees at plants in Yeongju and Ulsan, Novelis boasts a 75% local market share in aluminum raw materials and annual sales of ₩1 trillion (~$940 million, ~€742 million). It puts top priority on production and safety but investing in energy management has always been an important part of the company’s business strategy. However, the company’s overall energy management effort had been deemed insufficient. Lacking the necessary human resources, Novelis’ efforts to discover potential energy savings were limited. They partnered with Schneider Electric to uncover areas where they could tap energy savings. Exposing potential energy savings One of the advantages Novelis expected from the Schneider Electric energy management so...