Hindalco Estimates $1.6B Impact from New York Plant Fire

India's Hindalco says blaze at Novelis facility will hit 2026 cash flow.

Published on Feb. 11, 2026

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Indian metals company Hindalco announced that a fire at the New York plant of its U.S. subsidiary Novelis will have a significant financial impact, estimating a $1.3 billion to $1.6 billion hit to its 2026 cash flow.

Why it matters

The fire at Novelis' New York facility is a major setback for Hindalco, one of India's largest aluminum producers. The plant is a key part of Hindalco's North American operations, so the disruption could have ripple effects across the company's business.

The details

Hindalco said the fire, which occurred at the Novelis plant in New York, will impact its 2026 cash flow by an estimated $1.3 billion to $1.6 billion. Novelis is Hindalco's U.S. subsidiary and a major global producer of aluminum products.

  • The fire at the Novelis plant in New York occurred on an unspecified date.

The players

Hindalco

An Indian metals company and one of the largest aluminum producers in the country.

Novelis

The U.S. subsidiary of Hindalco and a major global producer of aluminum products.

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The takeaway

The fire at Novelis' New York facility is a significant setback for Hindalco, highlighting the company's reliance on its North American operations and the potential financial impact of unexpected disruptions to its production capabilities.