Hulamin is a South African company based in Pietermaritzburg that specialises in rolled aluminium products for precision and high technology applications. The company supplies a significant proportion of the world's ultra high-end aluminium products. It is known for being a key supplier of worked aluminium components for Tesla electric vehicles and aeronautical Wi-Fi components.[2][3]
 | |
| Company type | Public company |
|---|---|
| JSE: HLM | |
| Industry | Worked aluminium |
| Founded | 1935 |
| Headquarters | , South Africa |
Area served | Global |
Key people | Richard Jacob (CEO)
Noel Doyle(CFO) |
| Products | rolled aluminium, aluminium alloys, recycled aluminium |
| Revenue | R10.2 billion (US$714 million) |
Number of employees | 1,934 (FY 2016) [1] |
| Website | www.hulamin.com |
In 2018/19 the company was negatively effected by cheaper Chinese imports into its South African market,[4] higher tariffs on its exports to the United States,[5] reduced demand from the automotive industry, and has faced criticism for high executive overheads.[6]
References
edit- ^ "Hulamin: Integrated Annual Report" (PDF). 31 December 2016. Retrieved 2018-03-05.
- ^ "The Maritzburg company that helps make Tesla cars, now brings wifi to millions of air travellers". www.businessinsider.co.za. Retrieved 2018-03-05.
- ^ Allix, Mark (28 February 2018). "Hulamin boosted by its rolled products". Retrieved 2018-03-05.
- ^ "Cheaper imports from China sink Hulamin plant". BusinessLIVE. Retrieved 2019-08-28.
- ^ Africa, CNBC (2019-08-23). "Tariffs hurting the market as Hulamin's interim deadline earnings decline 178% to R63mn". CNBC Africa. Archived from the original on 2019-08-28. Retrieved 2019-08-28.
- ^ "Hulamin: Bloated and battling". BusinessLIVE. Retrieved 2019-08-28.