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Hulamin
Integrated Annual Report 2017
 

DELIVERING THE STRATEGY

OUR PERFORMANCE SCORECARD

Our performance scorecard provides an overview of how we have delivered in the year and tracks and reports how we create value through the use of our manufactured capital. It shows our progress against several Key Performance Indicators (KPIs) that are linked to the delivery of our strategy to create value for our stakeholders.

 

STRATEGIC OBJECTIVES

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KPI  2017 Target    2017  2016  2015 
Sales volume   >230 000 tons per annum  233 210  231 583   197 866 
Rolled products Production volume  >213 000 tons per annum  214 339   211 436   179 785  
Overall yield  >67%  66,9%  67,4%  62,1% 
Rolled products Conversion cost per ton index  Cost reduction of R100 million
to maintain unit cost level 
90,1  95,7  100 
Usd/ton rolling margin index  Increasing average margins  82  83  100 
SCrap as % of metal input  12% of metal requirements  11%  8%  6% 
Energy consumption intensity (gj/mt production) Constant or decreasing
per metric ton produced 
11,54  11,68   12,5  
Carbon emissions intensity
(mt co2/mt production)
Constant or decreasing
per metric ton produced 
1,68   1,76   1,93  
Water consumption intensity (kl/mt production) Constant or decreasing
per metric ton produced 
2,49   2,66   3,33  
Lost time frequency injury rate  <0,18  0,22   0,03   0,31  


KPI  2017 Target    Performance 
Sales
volume  
Sales volume in excess of
230 000 tons per annum 
Risk mitigation systems continue to be effective and plant reliability stable. This led to an improvement in sales volumes to a record 233 000 tons for the group (and a record 215 000 tons for Rolled Products.)
Rolled products Production volume  Rolled Products production
volumes in excess of
213 000 tons per annum 
Rolled Products built on the strong manufacturing performance delivered in 2016 notwithstanding a 12-day integrated shut in the third quarter to attend to major maintenance and improvements. Rolled Products achieved record production levels of 215 000 tons per annum. 
Overall yield  Yields greater than 67%  Yields continue to remain stable as manufacturing performance remains reliable due to major maintenance and improvements during the 12-day integrated shut. 
Rolled products Conversion cost per ton index  Managed cost increases  Excellent progress was made during the current financial year both in terms of the delivery of significant cost reduction (R117 million) against target and the development and the roll-out of the group’s cost optimisation programme. This, together with strong production performance, mitigated the impact of inflation and commodity price increases.  
Usd/ton rolling
margin index 
Increasing average margins  Rolling margins remained in line with prior year notwithstanding difficult trading conditions in export markets. Export market conditions were partly offset by continued growth of Rolled Products’ local market sales, driven by increased sales of can stock. 
Scrap as % of metal input  12% of metal requirements  The increase in can stock sales permitted an increase in the recycling of market scrap by 40% over the previous year.  
Energy consumption intensity
(gj/mt
production)
Constant or decreasing per metric ton produced  The group’s energy intensity per ton improved from the previous record in 2016. The group’s energy consumption consists of fuel gases (56%), electricity (39%) and liquid fuels (5%). Specific actions within each area is further highlighted in our Sustainability Report available at www.hulamin.co.za
Carbon emissions intensity
(mt co2/mt production)
Constant or decreasing per metric ton produced  The group’s recycling facility supplied the remelt facility with an additional 35 944 MT of liquid metal. This substitution with recycled metal effectively avoided the requirement of virgin metal, resulting in a saving of CO2 emissions of 156 740 MT in 2017. 
Water
consumption intensity
(kl/mt
production)
Constant or decreasing per metric ton produced  Water consumption savings were achieved through water awareness campaigns and identified wastages with minimal engineering intervention and no capital expenses required.  
Lost time frequency injury rate  <0,18  Hulamin continues to monitor high-potential hazards and incidents that caused injuries to learn from them and improve safety behaviour and conditions. Further information on our safety interventions can be found in our Sustainability Report which is available at www.hulamin.co.za