Our Story

Press Metal first started as a local aluminium extrusion company in 1986. After over 30 years of growth and expansion, today we are a globally integrated aluminium producer with the largest presence in South East Asia. Our products serve many industries throughout the world, from top automotive and aviation companies to leading technology giants.

Our Vision

"To be the first name brand on everyone’s mind when they think of upstream and downstream aluminium – this is the vision Press Metal was founded upon 30 years ago."

1 Name,
30 Years of History

The brainchild of the Koon brothers, Press Metal began as a local aluminium extrusion company in 1986. Today, Press Metal is a world-class producer of aluminium used by technology giants, high-speed train makers, innovative product designers, and household food and beverage brands; with markets and operations in Malaysia, South East Asia, China, Australia, Europe and the Americas.

Our vision is our inspiration, but our beliefs are in our guiding principles of Business Acumen, Quality Excellence, Global Outlook, Focused Teamwork and Social Responsibility.

Press Metal’s 30th Anniversary is an achievement cast in aluminium but moulded by vision and belief.

1986

Press Metal was incorporated as a privately-owned aluminium extrusion company in Malaysia.

1993
  • Listed on the Second Board of Bursa Malaysia.

  • First aluminium extruder in Malaysia to be awarded the MS ISO9001:2000 certification.

1999
  • Successfully transferred to the Main Board of Bursa Malaysia.

  • Expands its operations to UK, Europe, Australia and New Zealand.

2003
  • Extrusion capacity hits 40,000MT per annum.

  • Became the largest producer of aluminium extrusion products in Malaysia.

2005
  • 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.

2006

Acquires an aluminium smelter with a 90,000MT capacity per annum in Hubei, China.

2007
  • 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.

2008

Expands its extrusion operations to Hubei, China with a capacity of 30,000MT per annum.

2009

Press Metal’s Mukah, Sarawak aluminium smelter commences commercial production.

2010

Sumitomo Corporation, Japan’s third largest trading house, invested in 20% equity interest in the Mukah Aluminium Smelter.

2011
  • ‘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.

2012

Samalaju Aluminium Smelter commences commercial operations.

2014
  • 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.

2015

Press Metal’s 3rd aluminium smelter (Samalaju Aluminium Smelter 2) in Sarawak commences commercial operation.

2016

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.

2017
  • 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.

2018
  • 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

2019
  • 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

Our Values

Business Acumen

A business plan is worthless if it isn’t augmented by business acumen. It is this forward thinking that guided us to become a public-listed corporation in 1993, a mere seven years after our founding; venture into China in 2005; and move upstream into aluminium smelting in 2007 – effectively transforming Press Metal into the largest aluminium producer in South East Asia today.

Quality Excellence

Excellence is the only criteria we recognize at Press Metal. From our upstream and downstream products, to the quality systems and processes we have installed in every plant, to the motivation of our employees – excellence drives every aspect of our operations.

Focused Teamwork

Teamwork unites and drives the many different companies, departments and people at Press Metal. From the board of directors to the management and staff to our partners, we work together as one team with the same focus – to make Press Metal the leading brand name in aluminium.

Social Responsibility

At Press Metal, our sense of duty to society is a commitment we keep close to our hearts. We are mindful of our responsibilities towards our employees, stakeholders and community, as well as the environment, in order to ensure a sustainable and mutually beneficial growth.

Global Outlook

We believe business should not be limited by nationality or geography, but only by our own potential and ambition. Press Metal may be Malaysian-based, but we are global in our markets, operations, systems, standards and people.