Novelis Asia has majority ownership in two separate entities: Novelis Korea Limited and Aluminium Company of Malaysia. Together, they operate three manufacturing facilities in the Asian region and manufacture a broad range of sheet and light gauge products.

Since the 1999 inception of its joint venture with Taihan Electric Wire Company, Novelis Korea Limited has doubled its production and sales with its two existing rolling facilities to become the largest rolled products company in Asia. The company provides its product throughout the Asia/Pacific region to construction, industrial and beverage can markets, as well as being a major supplier of reroll for the light gauge foil industry. Novelis Korea also manufactures foundry ingot for the domestic automotive industry and operates a can scrap recycling operation, both from its location in Ulsan, Korea.
 
Aluminium Company of Malaysia is a public traded company on Bursa Malaysia. It operates a continuous casting, rolling, and coating operation principally serving Southeast Asia. Products include light gauge foil, fin stock, and coated fin stock used primarily in the packaging and air conditioning markets.