Mingtai Aluminum subsidiary Company has an annual output of 700000 tons of aluminum plate, strip and foil project to start construction.

Published: Jul 19, 2021 15:48
Source: Mingtai aluminum industry

On July 18, Mingtai Aluminum held the launching ceremony of the annual output of 700000 tons of aluminum plate, strip and foil project of Henan Yirui New material Technology Co., Ltd.

Wang Yueju, deputy director of the management committee of Gongyi Industrial agglomeration area and party committee secretary of Huiguo Town, Yang Shaohua, mayor of Huiguo Town, Ma Tingyi, chairman of Mingtai Aluminum, Liu Jie, general manager, and Wang Junwei, head of the project, attended the ceremony.

At the ceremony, Wang Junwei introduced the project. Yirui Xincai aluminum plate, strip and foil project with an annual output of 700000 tons is another bright spot project implemented by Mingtai Company after "1mm 1 Hot Rolling Project", "Electronic material Industry Park Project" and "Mingsheng Superhard material Project". The project aims to build hot rolling production line, three-dimensional intelligent warehouse and automatic cold rolling and foil rolling production line to create a high-tech intelligent chemical plant with digital intelligence integration. We will open up new fields such as military industry, aerospace, transportation, new energy and new materials, and realize the upgrading of products.

At the ceremony, Ma Tingyi thanked the correct party committee and government of the town and the concern and support of all sectors of the community over the years. He stressed that Mingtai Aluminum will continue to follow the development strategy of "hundreds of billions of high-precision aluminum industrial clusters and China's high-precision aluminum capital", march into aerospace, transportation, new energy and other fields, adjust product structure, and improve the status of the industry.

Yang Shaohua extended warm congratulations on the start of the project. He also said that during the golden period of project construction in the province, project construction should be taken as the main focus of economic work, taking the promotion of "three batches" of key projects as an opportunity, making an effort on innovation, increasing production, and increasing efficiency, and making efforts on playing the advantage card. Play a key role in promoting the development of industrial agglomeration areas, reflecting the company's flagship and social responsibility as industrial enterprises. It is hoped that Mingtai Aluminum Industry will seize the opportunity of development, give full play to the "Mingtai spirit", uphold the "Mingtai speed", grasp the key links, do great work quickly, and continue to maintain the industry!

Wang Yueju announced the order to start the project. Henan Yirui New material Technology Co., Ltd. has an annual output of 700000 tons of aluminum plate, strip and foil project officially started!

Liu Jie presided over the ceremony and asked all departments to work together to promote the construction of the project.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
New Aluminum Compound Could Replace Rare Metals, Reducing Costs and Boosting Sustainability
4 hours ago
New Aluminum Compound Could Replace Rare Metals, Reducing Costs and Boosting Sustainability
Read More
New Aluminum Compound Could Replace Rare Metals, Reducing Costs and Boosting Sustainability
New Aluminum Compound Could Replace Rare Metals, Reducing Costs and Boosting Sustainability
On May 8, scientists at King's College London in the UK developed a powerful new-type aluminum compound whose unique triangular structure endows it with extraordinary stability and reactivity, enabling it to replace expensive rare metals and thereby significantly reduce costs. This discovery is expected to give rise to more environmentally friendly and economical industrial processes, and even create entirely new materials. The related findings were published in the latest issue of *Nature Communications*.
4 hours ago
Sichuan-Chongqing UHV AC Reinforcement Project Approved with 15.46 Billion Yuan Investment
4 hours ago
Sichuan-Chongqing UHV AC Reinforcement Project Approved with 15.46 Billion Yuan Investment
Read More
Sichuan-Chongqing UHV AC Reinforcement Project Approved with 15.46 Billion Yuan Investment
Sichuan-Chongqing UHV AC Reinforcement Project Approved with 15.46 Billion Yuan Investment
Recently, the Sichuan-Chongqing UHV AC reinforcement project received approval from the National Development and Reform Commission (NDRC). With a total investment of 15.46 billion yuan, the project will construct two new 1000 kV substations in northern Sichuan and eastern Chongqing, adding 12 million kVA of transformer capacity, and build 2×490 km of 1000 kV double-circuit lines including the Chuanbei–Yudong–Bayue route. It is reported that this project is an important component of the Sichuan-Chongqing UHV AC backbone grid, capable of supporting the integration of the Xinjiang-to-Sichuan/Chongqing DC receiving-end converter stations and electricity consumption. It is also one of the 12 national planned power flexible mutual support projects, which is conducive to enhancing inter-provincial power mutual support, surplus-deficit complementation, and emergency accident assistance capabilities between Sichuan and Chongqing. The project is of great significance for ensuring safe and reliable power supply in our province and supporting the construction of a unified national electricity market.
4 hours ago
EU Prepared for All Scenarios Amid US Auto Tariff Threats
5 hours ago
EU Prepared for All Scenarios Amid US Auto Tariff Threats
Read More
EU Prepared for All Scenarios Amid US Auto Tariff Threats
EU Prepared for All Scenarios Amid US Auto Tariff Threats
In response to the auto tariff threats made by US President Trump, European Commission President von der Leyen stated that the EU was prepared for "all scenarios." Previously, Trump had threatened to raise tariffs on EU cars exported to the US from 15% to 25%.
5 hours ago
Mingtai Aluminum subsidiary Company has an annual output of 700000 tons of aluminum plate, strip and foil project to start construction. - Shanghai Metals Market (SMM)