SHANGHAI, Nov. 17 -- Yesterday afternoon, a 160kt/yr high-precision aluminum plate, strip and foil project, a key project in Henan province, came online in Mazhai Economic Development Zone, Zhengzhou city, with total investment of more than RMB 800 million.
China's output of aluminum plate, strip and foil ranks second in the world, with net imports ranking first in the world. China's demand is expected to reach 3.15 million mt in 2010, while current domestic existing and new capacity was approximately 3.3 million mt.
Aluminum plate, strip and foil were widely used in packaging, printing, mobile phones, air conditioners, cigarettes, aviation and other fields.
(Edited by SMM)