Hindalco Industries Company Profile: Products, Promoters and Clients
Hindalco Industries Company Description
Hindalco Industries Limited is a leading metals company under the Aditya Birla Group, valued at $28 billion. It excels in aluminum and copper production, becoming the most significant global producer of flat-rolled aluminum and a top recycler by acquiring Aleris Corporation.
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Hindalco operates an advanced copper smelter and a fertilizer plant with extensive aluminum operations in India. It produces copper cathodes, continuous cast rods, and other by-products, being India’s largest private gold producer. Hindalco’s products are recognized and traded on the London Metal Exchange.
Q1. What are the Hindalco Industries company product and service ?
Hindalco Industries offers a diverse range of products and services across several sectors:
- Aluminum: This includes bauxite mining, alumina refining, aluminum smelting, downstream operations like rolling extrusions, and recycling.
- Copper: Encompasses copper cathodes, continuous cast copper rods, precious metals, and by-products like sulphuric acid, phosphoric acid, and gypsum.
- Chemicals: Provides aluminum-based chemicals and value-added products.
- Dry Cargo Handling: Operates dry bulk ports for handling various materials.
- Fertilizers: Produces di-ammonium phosphate (DAP) and other fertilizers.
- Acids: Offers sulphuric acid, phosphoric acid, and other industrial acids.
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Q2. Who are the Promoters/Management of the Hindalco Industries ?
- Kumar Mangalam Birla: The chairman has over 30 years of experience within the Aditya Birla Group, focusing on global expansion and business leadership.
- Satish Pai: Managing Director with a rich history in operational and strategic roles, who was earlier associated with Schlumberger and brought both technical and management experience.
- Dev Baliga: Deputy Managing Director, Hindalco Industries, brings strategic planning and operational management expertise.
- D. Bhattacharya: Vice Chairman with significant contributions in various capacities within the Aditya Birla Group.
Q3. Who are the Clients of the Hindalco Industries ?
Hindalco Industries serves customers in various industries, such as automotive, building and construction, electrical, packaging, and consumer durables. Its clients include large multinational corporations and smaller regional businesses that rely on its high-quality aluminum and copper products.
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(By Naman Rathi)