Alumindo Light Metal Industry

7.237887°S 112.743396°E / -7.237887; 112.743396

PT Alumindo Light Metal Industry Tbk
TypePublic
IDX: ALMI
IndustryMetal manufacturing
Founded26 June 1978 (1978-06-26)
Headquarters
Surabaya
,
Indonesia
Area served
Worldwide
Key people
Alim Markus
Products
  • Aluminium sheet
  • Aluminium circle
  • Aluminium embossed and roofing
  • Aluminium foil
RevenueIncrease Rp 3.48 trillion[1] (2017)
Increase Rp 134 billion (2017)
Total assetsIncrease Rp 2.38 trillion (2017)
Total equityDecrease Rp 379 billion (2017)
OwnerMaspion
Number of employees
926[2] (2018)
WebsiteAlumindo website

PT Alumindo Light Metal Industry Tbk, or also known simply as Alumindo, is the largest flat rolled aluminium manufacturer in South East Asia, and a publicly-traded subsidiary of Maspion which was founded in 1978 and started to become a commercial company in 1983. The company is headquartered in Surabaya, East Java. Initially, each year the company was able to produce around 4,800 tons of aluminum sheet which is usually used as the main ingredient in the manufacture of household appliances, transportation equipment, as well as building materials. Alumindo also produces 12 thousand tons of tin sheet which is the main ingredient in the packaging industry.[3]

History

Alumindo was originally built on 26 June 1978 for procuring raw materials for the Maspion Group company which manufactures kitchen equipment and packaging industries in the Indonesian market.[4] As market demand continues to grow, Alumnindo is able to adding production capacity which has now reached 144 thousand tons of aluminum and 15.6 thousand tons of tin. Alumindo mainly produces air cargo containers, cooking utensils, food wrappers and cigarettes, and bottle caps.[5]

On 11 December 1996, ALMI obtained an effective statement from BAPEPAM-LK (now the Financial Services Authority - OJK) to conduct an initial public offering. These shares were listed on the Surabaya Stock Exchange and Jakarta Stock Exchange (now the Indonesia Stock Exchange) on 2 January 1997.[6]

In 1998, Alumindo received a certificate from ISO 9002 from Lloyd's Register as a company that is recognized as having international standards in the production process.[7] Alumindo also received the same award for the Exporter with Excellent Performance category as an appreciation for the performance of excellent exporters with management that complies with international standards based on The Aluminum Association.[7]

Products

References
  1. Indonesia Stock Exchange. "Financial Report of Alumindo Light Metal Industry (2017)". webcache.googleusercontent.com. Retrieved 2019-02-21.
  2. Alumindo Light Metal Industry. "Financial Report (2018)" (PDF). webcache.googleusercontent.com. Archived from the original (PDF) on 2020-09-18. Retrieved 2019-02-21.
  3. Alumindo. "Profile of Alumindo Light Metal Industry Tbk". alumindo.com. Retrieved 2019-02-21.
  4. "Alumindo Light Metal Industry | Indonesia Investments". www.indonesia-investments.com. Archived from the original on 2017-05-06. Retrieved 2019-02-21.
  5. Alumindo Light Metal Industry. "Product Application". alumindo.com. Archived from the original on 2017-10-10. Retrieved 2019-02-21.
  6. "Sejarah dan Profil Singkat ALMI (Alumindo Light Metal Industry Tbk) | Britama.com" (in Indonesian). Archived from the original on 2018-06-30. Retrieved 2019-02-21.
  7. "Profile and Achievements of Alumindo Light Metal Industry". merdeka.com. Archived from the original on 2019-02-21. Retrieved 2019-02-21.
  8. Alumindo Light Metal Industry. "Aluminium Sheet/Coil". alumindo.com. Archived from the original on 2017-10-12. Retrieved 2019-02-21.
  9. Alumindo Light Metal Industry. "Aluminium circle". alumindo.com. Archived from the original on 2017-10-12. Retrieved 2019-02-21.
  10. Alumindo Light Metal Industry. "Aluminium embossed and roofing". alumindo.com. Archived from the original on 2017-10-12. Retrieved 2019-02-21.
  11. Alumindo Light Metal Industry. "Aluminium foil". alumindo.com. Archived from the original on 2017-10-12. Retrieved 2019-02-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.