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Hulamin extrusions to consider restructuring

By: Creamer Media Reporter      23rd May 2019 Hulamin Extrusions is division of Hulamin Limited operating out of two plants in Olifantsfontein in Gauteng and Pietermaritzburg. Hulamin Extrusions employs approx. 400 people (which is around 20% of total Group employment) and contributes approx. 10% to group turnover. Since 1952, Hulamin... 

Hulamin reviews extrusions business, rolled products reaches record volumes 

By: Marleny Arnoldi     19th March 2019 JSE-listed aluminium supplier and exporter Hulamin’s rolled products division reported a “superb” manufacturing performance for the year ended December 31, 2018, increasing its sales by 6% to 228 000 t. This third consecutive year of record sales volumes from rolled products helped to offset... 

Hulamin expects 2018 headline earnings of 91c a share

By: Marleny Arnoldi     18th March 2019 JSE-listed aluminium supplier and exporter Hulamin expects to report a 4% year-on-year decrease in headline earnings a share to 91c for the year ended December 31, 2018. In anticipation of reporting its full-year results on March 19, the company on Monday said it expected to report a loss a... 

Packaging company drives waste-free economy

By: Halima Frost     1st March 2019 The idea of a circular economy is now starting to pique interest in the packaging industry, although the mechanism of biodegradability has been operational for hundreds of millions of years, says GREEN HOME Food Packaging MD and owner Catherine Morris. The concept highlights the way in which the... 

Advanced Materials Initiative widening its focus

By: Rebecca Campbell     1st March 2019 The Advanced Materials Initiative (AMI) is expanding its area of interest to include all advanced materials, such as ceramics, composites and polymers/plastics, as well as metals. (AMI originally stood for Advanced Metals Initiative.) This process started with renaming of the initiative in early... 

Metair to deliver its first lithium-ion batteries before the end of the year

By: Irma Venter     16th August 2018 JSE-listed Metair will deliver its first production lithium-ion batteries to a customer before the end of the year. Metair is a distributor and retailer of energy storage solutions and automotive components. 

Hulamin sells well despite US import tariffs, decreased trade with China

By: Marleny Arnoldi     30th July 2018 JSE-listed aluminium supplier and exporter Hulamin has declared a 77% decrease in headline earnings a share to 13c for the six months ended June 30, partly owing to the 7% strengthening of the rand against the dollar to an average of R12.30 in the period, compared with an average of R13.22 in the... 

Inaugural Factory of the Year competition to include future-proofing benchmark

By: Terence Creamer     19th June 2018 Global management consulting firm AT Kearney has officially launched the South African version of its internationally recognised ‘Factory of the Year’ competition and is urging domestic manufacturers to enter ahead of the August 20 deadline for submissions. AT Kearney partner and Africa MD Theo... 

Stronger rand cuts Hulamin's interim earnings

By: Anine Kilian     25th May 2018 JSE-listed Hulamin expects to report a 55% decrease in earnings a share and headline earnings a share to 25c for the six months ended June 30. The company said in a statement on Friday that its profits had been impacted on by the performance of the rand against the dollar and the euro, as... 

Solidarity announces action plan on US steel, aluminium import tariffs

By: Marleny Arnoldi     14th May 2018 Trade union Solidarity on Monday announced an action plan in response to the decision by the US not to grant the South African steel and aluminium industry exemption from import tariffs on steel and aluminium.  

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