SHANGHAI, Aug. 21 (SMM) – On August 17, Shenhuo Group signed a deal with Shangqiu Urban-Rural Integration Demonstration Zone Management Commission to build a high-end aluminum foil project in the city.
The project, with total investment at 3.6 billion, has a designed annual capacity of 100,000 tonnes of high-end light gauge aluminum foil.
Over 80% of products from the project will be exported to Europe and the US.
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