Press Metal focuses on extrusion business: Begins supplying battery casings to Chinese firms and completes new extrusion line in Malaysia

Published: May 8, 2024 10:24

Save

Press Metal Aluminium Holdings Bhd’s extrusion plant in China has reportedly started supplying aluminium battery casings and car bumpers to vehicle manufacturers in the mainland.

The news came after Tan Sri Koon Poh Keong, Press Metal’s chief executive officer, announced it officially. He also announced that Press Metal’s extrusion plant in Nilai, a city located in Seremban District, Malaysia, completed the construction of a 30,000-tonne photovoltaic components extrusion line, which will exclusively manufacture solar panel frames and mounting extrusions to support solar power sector.

The move into manufacturing extrusions for the solar power sector reflects Press Metal’s focus on sustainability. Press Metal’s commitment to sustainability is also represented by its ASI certifications for all its manufacturing plants

Tan Sri Koon Poh Keong also said that Press Metal is investing in its value-added product segment by developing new casing lines for A356 ingots and wire rods. This move aligns with the increasing demand for aluminium from green industries like the EV, solar, and energy transmission sectors. A major shift to manufacturing EVs and solar is primarily noticeable in Asia, driving potential demand for local and regional sources of aluminium and other inputs.

Press Metal’s extrusion plants in Malaysia and Foshan have a combined annual capacity of 230,000 tonnes per annum. The extruded products manufactured at the plants are destined for the construction, automotive, and electronics and electrical industries.

As highlighted in AL Circle's comprehensive industry report on "The World of Aluminium Extrusions - Industry Forecast to 2030", China's aluminium extrusion capacity as of 2023 is about 31.07 million tonnes, accounting for 64 per cent of the world.

Source: https://www.alcircle.com/news/press-metal-focuses-on-extrusion-business-begins-supplying-battery-casings-to-chinese-firms-and-completes-new-extrusion-line-in-malaysia-110772

Market forecast Market review

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jan 31, 2026 15:13

"Canada-China Trade Pact Threatens US Tariffs, China Affirms Bilateral Commitment"

The U.S. side declared that if Canada reaches a new trade agreement with China, it will impose tariffs of up to 100% on goods imported from Canada. In response, Foreign Ministry spokesperson Guo Jiakun stated that China and Canada are committed to building a new-type strategic partnership and have reached a series of specific arrangements to properly handle economic and trade issues between the two countries. These measures are not targeted at any third party.

Jan 31, 2026 15:13

Jan 31, 2026 15:10

EU and India Sign Landmark Free Trade Agreement, Reducing Tariffs on 96.6% of Goods

The European Union and India have successfully signed a free trade agreement. Under the agreement, India will eliminate or reduce tariffs on 96.6% of goods exported from the EU to its domestic market. Notably, automobile tariffs will undergo a gradual reduction process, decreasing from the original 110% to a final rate of 10%. At the same time, the EU has committed to eliminating or lowering tariffs on 99.5% of goods imported from India over the next seven years.

Jan 31, 2026 15:10

Jan 31, 2026 15:07

China's Industrial Profits Reach 7.4 Trillion Yuan in 2025, Reversing Three-Year Decline

According to data released by the National Bureau of Statistics (NBS), the total profits of industrial enterprises above the designated size nationwide reached 7.4 trillion yuan in 2025, an increase of 0.6% compared to the previous year, successfully reversing the previous three consecutive years of decline. Specifically, in December, the profit situation of industrial enterprises above the designated size improved significantly, shifting from a 13.1% decline in November to a 5.3% growth.

Jan 31, 2026 15:07