Page 120 - 2019\20 KZN Top Business Portfolio - EBOOK

HULAMIN

www.hulamin.co.za

THINK ALUMINIUM In 2006, Hulamin expanded its rolled products
capacity with a R940 million investment. The
Hulamin is an independent mid-stream aluminium expansion addressed two requirements: A need to
semi fabricator and fabricator of aluminium increase production capacity, and improving the
products. It is a primary metal beneficiary. Hulamin company’s ability to deliver higher value products.
is focused on South African and other product- This expansion increased Hulamin’s rolled products
specific end-use markets around the world, and capacity by 25%, increasing its competitiveness,
creates value through meeting customers’ needs for especially in the foil and plate product markets.
high-value aluminium semi-fabricated products. In
doing so, it brings economic activity to the province The more recent upgrade of the recycling plant
followed a game changing agreement between
of KwaZulu-Natal, stimulating business activities,
creating employment and contributing to the Hulamin and Nampak Bevcan in 2013. The R300 million
upliftment of this region. state-of-the-art facility was built specifically to recycle
used aluminium beverage cans. The expansion sees
Although it is the only major aluminium rolling Hulamin providing aluminium to Bevcan for the
operation in sub-Saharan Africa, Hulamin exports manufacture of all-aluminium beverage cans to the
more than 60% of its sales to customers around the local market. Many kinds of beverage cans, including
globe. The company is committed to contributing well-known brands like Coke, Fanta, Castle and Hansa
to the upliftment of manufacturing in South Africa are converting from tin-plated steel to aluminium.
through its role as both supplier and customer; and
to its role as a responsible leader in sustainable The furnace installed is touted as the world’s most
energy efficient and environmentally friendly way
development in southern Africa. Each of its
businesses shares a passion for aluminium, a unique to melt contaminated aluminium scrap. While most
other furnaces incinerate reclaimed cans, the new
metal with a superior range of benefits and endless
application possibilities. Hulamin furnace remelts the thin aluminium of
used beverage cans while conserving the maximum
Hulamin has grown and expanded operations with amount of aluminium from the scrap. The volatile
significant investments over the last twenty years organic compounds present in coated beverage cans
to ensure the future of the company and aluminium. is consumed as fuel to power the furnace, resulting in
As South Africa underwent the transition to a less landfill and fewer emissions into the atmosphere.
democracy and the world markets opened up In 2015 Hulamin ensured its future as a leading
in the 1990s, a period of rapid change ensued
for Hulamin. player in the aluminium industry when it became
a strategic partner with a BEE entity, Isizinda
The company chose to seek opportunity in its future Aluminium. Together a transaction to acquire the
by committing the organisation to an unprecedented Bayside casthouse in Richards Bay was completed.
transformation, expanding its rolled products The shareholders of Isizinda Aluminium include
manufacturing facility. The R2.4 billion expansion Bingelela Capital and Hulamin with 60% and 40%
project in 1996 improved manufacturing processes ownership respectively. Isizinda Aluminium is a
and invested heavily in production, facilities and KZN broad based black economic empowered
equipment. The ambitious expansion unleashed consortium. Bingelela Capital which is Zululand
enormous potential at the company and by the year based comprises four different groups, and is 100%
2000, turnover had doubled. African owned with a 52% female shareholding.

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