Nigerian Aluminium Extrusions Limited (NIGALEX)
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Nigerian Aluminium Extrusions Limited (NIGALEX)
Company Profile Established in 1973 and commencing operation in 1975 the Company has been a leader in its four and half decade history of pioneering aluminium profiles extrusion in the West African subregion. With an annual capacity of over 25,000 tons and over 5,000 extrusion dies and NIS ISO-9001-2008 certified, the company produces profiles in press finish, silver, colinal colour, and modern powder-coated forms with this operating capacity. The company has two presses: a 2200 metric tons extrusion press installed in 2007 with a capacity of 10,000 tons per year and a 2,300 metric tonnes extrusion press installed in December 2019 with a capacity of 20,000 tons per year. The Company also has installed and operating a chrome free vertical powder coating equipment which will enable the company produce quality aluminium profiles coated in all rainbow colours. The Company is the strongest Nigerian player in the premium product segment and controls approximately 50% of the Nigerian producers' share of the total premium product market in the country. Some of the company's product offerings include door systems, projected window systems, cego flyscreens, partitioning systems, stock extrusions, swing door systems, sliding (single D) window systems (cego 1), fixed louvres, special profiles, sliding (single D) window system (cego 2), railings, curtain walls, as46 flyscreen, casement (windows & doors). The company's services include aluminium extrusion, design and conceptualization, coloured profile, and material fabrication. The company enjoys a solid brand name and tremendous goodwill while its aluminium profiles compare with the best in Europe and America. It also enjoys a committed board and workforce with a high level of technical expertise. The opportunity for the company's growth is immense, with sprawling demand for quality profile and increasing volumes of housing units. It has a considerable opportunity to dominate the domestic premium aluminium production marke