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Shandong Weiqiao Completes Closure of Illegal Aluminum Capacity
Aug 14,2017 16:33CST
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Source:SMM
Shandong Weiqiao Aluminum & Electricity Co. announced that its only shareholder, Shandong Hongqiao New Materials Co. has shut down 2.68 million tonnes of illegal aluminum capacities.

SHANGHAI, Aug. 14 (SMM) –Shandong Weiqiao Aluminum & Electricity Co. (short as “Shandong Weiqiao”) announced that its only shareholder, Shandong Hongqiao New Materials Co. (short as “Shandong Hongqiao”), has shut down 2.68 million tonnes of illegal aluminum capacities that were built and put into operation by Shandong Hongqiao and Shandong Hongqiao’s subsidiaries.  

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Those capacities are all newly added capacities by Shandong Weiqiao, Shandong Hongqiao and Shandong Hongqiao’s subsidiaries.

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All aluminum projects currently in operation at Shandong Weiqiao, Shandong Hongqiao and Shandong Hongqiao’s subsidiaries have been filed in compliance with regulations, Shandong Weiqiao said.   
  
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Shandong Weiqiao
Shandong Hongqiao
illegal aluminum capacity

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