SMM News: July 1, Innovation Metal annual output of 800000 tons of high-strength and high-toughness aluminum alloy project the first production line completed the preliminary commissioning, officially entered the trial production stage.
As a major 2020 "double invitation and double introduction" project in Binzhou City, the project has a total investment of 1.08 billion yuan and adopts the provincial-level scientific and technological achievements of the company's own property rights, "High-strength and high-toughness aluminum alloy short process alloying process research and specialization" technology. It mainly produces high-end aluminum alloy materials in high-speed rail, light rail, automobile lightweight and other fields, which can effectively meet the needs of aluminum alloy materials for special equipment for rail transit in our country.
It is understood that the construction of the project is planned to be completed in three phases this year, of which the first phase of the project will invest 200 million yuan and build new production workshops, warehouses, dormitory buildings and other public auxiliary facilities of 187000 square meters; the second phase of the project will invest 300 million yuan to install 79 sets (sets) of major equipment such as tilting melting furnaces, crystallizers, homogenizing furnaces, dust collectors, and so on, and complete the construction and operation of 5 production lines. The third phase of the project invested 580 million yuan, installed 99 sets (sets) of tilting melting furnace, mould, homogenizing furnace, dust collector and other main equipment, completed the construction of 7 production lines and put into operation. After all the projects are put into production, the annual sales income will be 14 billion yuan, profits and taxes will be 990 million yuan, and 400 jobs will be provided.
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