Press Metal first started as a local aluminium extrusion company in 1986. After over three (3) decades of growth and expansion, today we are a globally integrated aluminium producer with the largest presence in Southeast Asia. Our products serve many industries throughout the world, including infrastructure, transportation, construction and consumer sectors.
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To provide products and solutions
for a sustainable future.
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Establish partnerships and deliver incremental value to stakeholders
Mindfully consume and source natural resources to deliver our aluminium products
Enrich the communities we operate in
Enable an inclusive workplace and protect the social welfare of our people
Press Metal was incorporated as a privately-owned aluminium extrusion company in Malaysia.
Listed on the Second Board of Bursa Malaysia.
First aluminium extruder in Malaysia to be awarded the MS ISO9001:2000 certification.
Successfully transferred to the Main Board of Bursa Malaysia.
Expands its operations to UK, Europe, Australia and New Zealand.
Extrusion capacity hits 40,000MT per annum.
Became the largest producer of aluminium extrusion products in Malaysia.
Ventures into China and establishes its new aluminium extrusion plant in Foshan with a capacity of 120,000MT per annum.
Total investment value of RM500 million with a workforce of 2,000 employees.
Acquires an aluminium smelter with a 90,000MT capacity per annum in Hubei, China.
Kick-starts the development of Malaysia’s first-ever aluminium smelting plant in Mukah, Sarawak with a capacity of 120,000MT per annum.
Total investment value of RM1 billion with a workforce of 850 employees.
Expands its extrusion operations to Hubei, China with a capacity of 30,000MT per annum.
Press Metal’s Mukah, Sarawak aluminium smelter commences commercial production.
Sumitomo Corporation, Japan’s third largest trading house, invested in 20% equity interest in the Mukah Aluminium Smelter.
‘PMS’ brand aluminium ingots produced by Mukah Aluminium Smelter has successfully listed on the London Metal Exchange as a high-grade primary aluminium.
The Mukah Aluminium Smelter hits its full production capacity of 120,000MT per annum.
Kick-starts the development of Phase 2 aluminium smelting plant in Samalaju Industrial Park, Bintulu, Sarawak with a capacity of 320,000MT per annum.
Total investment value of RM2.2 billion with a workforce of 1,300 employees.
Samalaju Aluminium Smelter commences commercial operations.
Sumitomo Corporation invested in 20% equity interest in the Samalaju Aluminium Smelter.
The Samalaju smelting plant in Malaysia hits its full production capacity of 320,000MT per annum.
‘PMB’ brand aluminium ingots produced by Samalaju Aluminium Smelter successfully listed on the London Metal Exchange as a high-grade primary aluminium.
Kick-starts the development of the 3rd aluminium smelter in Sarawak (Samalaju Aluminium Smelter 2) in Samalaju, Sarawak, Malaysia with an additional capacity of 320,000MT per annum.
Estimated total investment value of RM2 billion with a workforce of 1,200 employees.
Press Metal’s 3rd aluminium smelter (Samalaju Aluminium Smelter 2) in Sarawak commences commercial operation.
Celebrating its 30th anniversary, Press Metal has grown into the largest integrated aluminium producer in South East Asia with a 760,000MT smelting capacity and 160,000MT extrusion capacity.
Carried out an Internal Reorganisation exercise and a Transfer of Listing Status to a new holding company – Press Metal Aluminium Holdings Berhad – to allow for greater ease and flexibility of expansion.
Inaugural issuance of 5-year USD400 million bonds which was 9.5 times oversubscribed and awarded the Best New Bond by The Asset Triple A Award 2017.
Inclusion as a component stock in the FBM KLCI Index which comprises the 30 largest companies listed on Bursa Malaysia.
Inclusion as a component stock in the MSCI Malaysia Index.
Forbes- Featured on Forbes Asia's Fab 50 Companies 2018
The Edge Billion Ringgit Club 2018- highest returns to shareholders over three years
The Edge Billion Ringgit Club 2018 - Growth in PAT over three years
Confirmed investment into Japan Alumina Associates and signed MOU for the Joint
Venture into PT Bintan Alumina, Indonesia
Forbes- Listed in “Best Over a Billion” list of companies across Asia-Pacific
The Edge Billion Ringgit Club 2019- Company Of The Year
The Edge Billion Ringgit Club 2019- Highest growth in profit after tax over three years
Subscription to a 25% stake in PT Bintan Alumina Indonesia
Power Purchase Agreement finalised with Sarawak Energy Berhad on offtake of 500MW energy
Full utilization and ramp up of Phase 3 smelter at our Samalaju smelter to take total smelting capacity to 1.08 million tonnes per annum
Set up the first industrial vaccination centre (PPV) in the nation at the Samalaju plant
The Edge Billion Ringgit Club 2021- Highest Return to Shareholders over Three Years
Obtained ASI Performance Standard V2 (2017) Certification for PMBtu and PMI
Recognised as a constituent of FTSE4Good Bursa Malaysia Index
Top 25% by ESG Ratings amongst PLCs in FBM EMAS (rated 4 stars)
Awarded The Edge ESG Awards (Market cap over RM5 billion)
- Industrial Products and Service (Gold)
- Most Improved Performance Over Three Years (Gold)
Awarded The Edge Billion Ringgit Club 2022 (Super Big Cap Companies)
- Highest Return on Equity Over Three Years
- Highest Returns to Shareholders Over Three Years
- Best Corporate Responsibility Initiatives
Commissioned the Nilai extrusion plant with a capacity of 30,000mtpa dedicated for solar panel extrusion products
Obtained ASI Performance Standard Certification for PMS
Achieved regional No. 1 for ESG transparency
MSCI ESG rating upgraded to “A” from "BBB”
- Recognised as a constituent of FTSE4Good Bursa Malaysia Index & ranked within the top 25% for ESG Ratings amongst PLCs on FBM EMAS (rated 4 stars)
Received accolades in The Edge ESG Awards under Industrial Products & Services (Gold) and Green Transition (Gold)
Received accolades in The Edge Billion Ringgit Club (under Industrial Products & Services Category)
- Highest Growth in Profit After Tax Over Three Years,
- Highest Return to Shareholders Over Three Years among Super Big Cap Companies, and
- Highest Growth in Profit After Tax Over Three Years
Received accolades in Cambridge IFA Award for 3G Green Innovation Award and 3G Excellence in Sustainable Development Award
Received accolades in BMCC Business Excellence Awards for Outstanding ESG Award (First Runner-Up)
Announced an equity participation of 80% in a new alumina refinery, PT KAN in Indonesia
Incorporated Scope 3 GHG emissions into our climate targets and participated in the Carbon Disclosure Project (“CDP”) to enhance transparency and accountability in our decarbonisation strategy
Launched low-carbon product with lower environmental footprint (i.e., GEM™ aluminium boasts a carbon footprint of less than 4.0 metric tonnes of CO2e emissions per metric tonne of aluminium for Scope 1 (direct) and Scope 2 (indirect) emissions, CYCAL™ billet, integrates GEM™ with high content of recycled aluminium)
Launched Scrap Recycling Project at Press Metal Sarawak in Mukah, increasing aluminium recycling
Expanded rooftop solar capacity by 1.2 MW, with an additional 6.3 MW currently under installation across downstream entities to reduce reliance on non-renewable energy
Advancing and progressing well in the carbon capture and utilisation (“CCU”) project through a collaboration agreement signed in 2024 with Xi’an Jiaotong University (“XJTU”), exploring innovative emission reduction solutions
MSCI ESG rating upgraded to “AA” from “A”
Maintained a four-star FTSE4Good rating for the third consecutive year and ranked Top 25% amongst PLCs in FBM EMAS
Received accolades in The Edge ESG Awards under Industrial Products & Services (Best Performer by Sector)
RAM Ratings upgraded our RM5.0 billion IMTN Programme rating to AA1 from AA2
Earned the first Platinum Sustainability rating from RAM Sustainability Awards (Top 3 Sustainability Performers)
Recognised among the top 20 recipients of MSWG’s National Corporate Governance & Sustainability 2024 Excellence Award
Received accolades in the UNGC Malaysia & Brunei Forward Faster Sustainability Awards under the Sustainable Supply Chain category (Large Company)