Ministry of Treasury Huta Cynku „Miasteczko Śląskie” S.A. seated in Miasteczko Śląskie - company contributed to ZGH Bolesław S.A. - Company Profile -

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Company Profile

Huta Cynku „Miasteczko Śląskie” S.A. seated in Miasteczko Śląskie - company contributed to ZGH Bolesław S.A.

Brand mark
Company character
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Owner transformation stage
privatised
Employment
680 employees
Initial capital
PLN 79 000 000
Situation of the registered office
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Huta Cynku „Miasteczko Śląskie” zinc mill (HCM) is an enterprise operating on the market of non-ferrous metals. The company produces and sells rectified zinc of the Z1 and Z5 grade and zinc alloys. It also produces and sell refined lead of the Pb 985R, Pb 970R grades, Doore’s metal, refine cadmium and sulphur acid. Huta Cynku „Miasteczko Śląskie” accounts for 40% of the domestic production of both zinc and lead. The main customers of HCM are galvanising shops, alloy producers, battery manufacturers and trade intermediaries. The main suppliers of raw materials are mostly foreign entities. On the market on which HCM operates the price is of core importance as far as reaching competitive advantage is concerned. The zinc mill operating in the ISP technology (Imperial Smelting Process – simultaneous smelting of zinc and lead in a single device - shaft furnace. The core fuel in the electrolysis process is blast-furnace coke) bases its production on less expensive blast-furnace charges, frequently of such chemical composition which is not accepted by mills utilising the electrolysis method. That enables reduction of unit costs in the case of an ISP mill in the extent balancing its larger energy consumption in comparison with electrolysis. In the near future, HCM will probably extend the currently operating zinc rectification unit in order to produce 100% of the Z1 grade zinc, instead of the current volume of 50%. Thus the company will adjust its production to the changing market demand. In 2008, approximately 71% of the total volume of lead production will be allocated for battery and accumulator production, 12% for pigments. The strong growth of the automotive industry in India and China guarantees further increase in the demand for that metal. In Europe the company does not envisage significant changes as regards both zinc and lead consumption. Over the past few years the global demand for zinc has been growing at 5% annually, i.e. approximately 55 thousand tonnes per year. It is estimated that the global demand in 2008 will amount to almost 12 million ton, i.e. slightly above 5% in comparison with the previous year. Huta Cynku „Miasteczko Śląskie” exports 56.3% of its total sales volume.

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Kontakt

Address

Huta Cynku "Miasteczko Śląskie" S.A.
Woźnicka 36 St..
42-610 Miasteczko Śląskie
Switchboard ph. (+48 32) 288 84 44
Secretary office ph. (+48 32) 2888 444 (ext. 450)
Fax. (+48 32) 288 88 85
www.hcm.com.pl

Ministry of Treasury
Krucza 36 / Wspólna 6 St.
00-522 Warsaw
Investor Relations Centre
ph.: (+48 22) 695 90 01
ph.: (+48 22) 695 90 02
fax: (+48 22) 629 98 38
investor@msp.gov.pl
www.msp.gov.pl
 

City
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Province
śląskie
www
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Email
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Telephone
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Disclaimer

The information below does not constitute any invitation or offer to sell, invest in or trade, nor does it constitute any invitation to place any offer to purchase, invest in or trade the securities. The information presented herein is up to date as on the date of publication. For more information, please contact, tel: (+48 22) 695 90 01-02, e-mail: investor@msp.gov.pl.
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