Newssummary: China’s Inner Mongolia to Build 800,000-tpy Aluminum Alloy Fabricating Project-Shanghai Metals Market

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Newssummary: China’s Inner Mongolia to Build 800,000-tpy Aluminum Alloy Fabricating Project

Company News 01:21:13PM Aug 26, 2014 Source:SMM
SHANGHAI, Aug. 26 (SMM) – Inner Mongolia Chuangyuan Metal Co. is scheduled to build an 800,000-tpy aluminum alloy fabricating project in Inner Mongolia’s Huolingol in 2015, local media reported today. 
 
The 7.2 billion yuan ($ 1.2 billion) project, will produce 300,000 tonnes of high-end industrial aluminum extrusions, 200,000 tonnes of aluminum alloy composite plate, 200,000 tonnes of high-end aluminum alloy bar, as well as 5 million aluminum wheel rims annually. The company is building an 800,000-tpy phase one aluminum liquid project to provide raw materials for the fabricating project. 
 
Once fully operational, the project will yield 18.4 billion yuan in revenues and 2 billion yuan in tax and profits, as well as create 2,000 jobs.
 
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 
 

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Newssummary: China’s Inner Mongolia to Build 800,000-tpy Aluminum Alloy Fabricating Project

Company News 01:21:13PM Aug 26, 2014 Source:SMM
SHANGHAI, Aug. 26 (SMM) – Inner Mongolia Chuangyuan Metal Co. is scheduled to build an 800,000-tpy aluminum alloy fabricating project in Inner Mongolia’s Huolingol in 2015, local media reported today. 
 
The 7.2 billion yuan ($ 1.2 billion) project, will produce 300,000 tonnes of high-end industrial aluminum extrusions, 200,000 tonnes of aluminum alloy composite plate, 200,000 tonnes of high-end aluminum alloy bar, as well as 5 million aluminum wheel rims annually. The company is building an 800,000-tpy phase one aluminum liquid project to provide raw materials for the fabricating project. 
 
Once fully operational, the project will yield 18.4 billion yuan in revenues and 2 billion yuan in tax and profits, as well as create 2,000 jobs.
 
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.