Yongjin ultra-thin precision stainless steel strip project gets approval by environmental review
2020-08-11 11:43:32 [Print]
A few days ago, the Lanxi Branch of the Ecological Environment Bureau of Jinhua, Zhejiang issued an announcement on the environmental assessment and approval of related projects. Among them, Yongjin's 125,000tpy ultra-thin precision stainless steel plate and strip processing project is listed.
The announcement shows that Yongjin Corporation already has 135,000 tons of precision ultra-thin stainless steel plate and strip production and processing capacity. In order to further enhance the comprehensive competitiveness of the stainless steel plate in the industry and improve the production capacity layout, the company plans to implement project expansion. And they planned to invest RMB863.95 million (USD124.25 million) in the expansion project, with an annual processing of 125,000tpy of ultra-thin precision stainless steel strips.
The announcement shows that Yongjin Corporation already has 135,000 tons of precision ultra-thin stainless steel plate and strip production and processing capacity. In order to further enhance the comprehensive competitiveness of the stainless steel plate in the industry and improve the production capacity layout, the company plans to implement project expansion. And they planned to invest RMB863.95 million (USD124.25 million) in the expansion project, with an annual processing of 125,000tpy of ultra-thin precision stainless steel strips.
