- CEO
- Poh Keong Koon
- Full Time Employees
- 8,142
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Setia Avenue Shah Alam SE Malaysia 40170
- IPO Date
- Jul 10, 2017
- Business
- Press Metal Aluminium Holdings Berhad, an integrated aluminium smelting and extrusion producer, manufactures primary aluminium ingots including London Metal Exchange-listed high-grade P1020 and PMB brands, value-added products such as alloy ingot A356.2, billets, wire rods, and low-carbon GEM aluminium and CYCAL billets incorporating high recycled content; it also produces extruded aluminium products for applications in windows, doors, curtain wall cladding, louvres, balustrades, pool fencing, solar panel frames, wardrobes, and ladders. The company operates three smelting plants in Sarawak, Malaysia, with a combined annual capacity of 1.08 million tonnes powered predominantly by hydropower, alongside extrusion facilities in Malaysia including a 30,000 mtpa Nilai plant dedicated to solar panel products and in Foshan and Hubei, China with capacities of 120,000 and 30,000 mtpa respectively, totaling approximately 210,000 tonnes per annum across extrusion operations. Founded in 1986 and headquartered in Shah Alam, Selangor, Malaysia, Press Metal serves industries worldwide such as automotive, aviation, technology, infrastructure, transportation, construction, food and beverage, and consumer sectors, with markets spanning Southeast Asia, Asia, Europe, the Americas, UK, Australia, and New Zealand. Recently, the company announced an 80% equity participation in PT KAN, a new Indonesian alumina refinery joint venture signed in September 2024 valued at RM2.38 billion with initial capacity of 1-1.2 million tonnes to secure over 75% of its alumina needs including Phase 1 output of 800,000-960,000 mt based on its stake; it expanded value-added product capacity by 100,000 tonnes targeting at least 60% of total sales volume by end-2025 amid surging demand for wire rods and billets, launched a scrap recycling project at its Mukah Sarawak facility, advanced a carbon capture and utilisation collaboration with Xi’an Jiaotong University, and increased rooftop solar capacity by 1.2 MW with 6.3 MW under installation while achieving MSCI ESG rating upgrade to AA, RAM Ratings upgrade to AA1 on its RM5 billion IMTN programme, and first Platinum Sustainability rating from RAM.