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Alumex PLC is an aluminium extrusions manufacturing company in Sri Lanka. The company was incorporated as a South Korean-Sri Lankan joint venture in 1986. The company commenced commercial operations two years later. The Sri Lankan partners acquired the South Korean partner's stake partners in 2006. Sri Lankan conglomerate Hayleys acquired Alumex in 2010 and was listed on the Colombo Stock Exchange after an initial public offering in 2014. Alumex is the leading aluminium manufacturer in Sri Lanka, with a market share of 46%. Alumex is one of the LMD 100 companies in Sri Lanka.
References
- ↑ "Norsk Hydro agrees $3.2bn deal for aluminium producer Sapa". Financial Times. 2017-07-10.
- ↑ Bloomberg (2019-05-01). "NASA Says Aluminum Fraud Caused $700 Million Satellite Failures". IndustryWeek. Retrieved 2024-09-15.
- ↑ "Sapa opens new plant in South France". Aluminium Insider. 2017-06-21.
- ↑ "Orkla, Alcoa seal Sapa aluminium parts venture". Reuters. 2007-06-08.
- ↑ "Sapa to strengthen North American Business acquire Indalex". Orkla.com. 2009-06-17. Archived from the original on 2017-08-16. Retrieved 2017-08-15.
- ↑ "Norway: Orkla and Hydro announce Sapa joint venture". Aluminium Insider. 2012-10-16. Archived from the original on 2017-08-16. Retrieved 2017-08-15.
- ↑ "NASA Investigation Uncovers Cause of Two Science Mission Launch Failures". NASA. 2019-04-30.
- ↑ "Aluminum Manufacturer Allegedly Knew It Was Selling Faulty Parts To NASA, Resulting In Two Failed Launches". iflscience.com. 2019-05-02.
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