Monday, May 21, 2007

Hulamin eyes 37 pct output growth by 2011

(Reuters) - South African semi-fabricated aluminium maker Hulamin expects to expand its rolled product output by 37 percent from last year to 250,000 tonnes in 2011 and beef up its exports worldwide.

Alan Fourie, chief executive officer of Hulamin, which is due to be split from sugar and aluminium group Tongaat-Hulett (TH) and list on the Johannesburg bourse on June 25, was also bullish in an interview on Monday on the firm's earnings prospects, but declined to give a specific forecast.


Read more at Reuters Africa

No comments: