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Aditya Birla Group to shut part of UK aluminum foil mill, relocate it to India

Aditya Birla Group is now doing quite well with their aluminum foil making mill in UK which is why they are planning to transfer it to India. This is because the European market is currently having some problems with over supplies and high energy cost. If there is over supply in the market, surely companies will have some problems with selling their product.

Aditya Birla Group Logo

Aditya Birla Group

The idea of relocating the mill in India was made to answer this problem. The company houses about 300 people who do some foil packaging work for the food and beverages company. The problem is that the company is facing an overcapacity in the European foil space.

The competition on other companies is also giving them a hard time. Their profit is really affected with the low-cost products and services from other countries. For the record, Novelis is the considered as the leader when it comes to aluminum production.

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