Novelis today announced the signing of a new multi-year agreement to supply aluminum can sheet to Anheuser-Busch. The agreement becomes effective January 1, 2010, when Novelis' existing supply contract with Anheuser-Busch expires.
The agreement extends a long-running relationship between Novelis Inc., the world's leading can sheet producer, and Anheuser-Busch, Incorporated, a wholly owned subsidiary of Anheuser-Busch InBev N.V./S.A. - the world's No. 1 brewer. The contract covers the supply of can body stock, can end stock and can tab stock for use in the production of aluminum beverage containers. Terms of the agreement were not disclosed; however, Novelis acknowledged that the agreement relates to Anheuser-Busch's North American operations only and provides for volumes similar to the current contract.
"Anheuser-Busch has been a valued customer of Novelis for many years and we are pleased that, with this new agreement, we will continue to be a supplier to the company," said Phil Martens, president and chief operating officer of Novelis.