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Taiwan WalsinLihwa Group continues to invest in Yantai stainless steel plant in Mainland China

2019-08-20 16:08:13  【Print】
Taiwan WalsinLihwa Group has invested in Yantai stainless steel industry in Shandong in mainland China and Indonesia because of the continuous expansion of the competitiveness of stainless steel production capacity.Asian Metal Copyright The heating process is expected to be completed by the end of next year.Asian Metal Copyright It has set up a consistent stainless steel manufacturing process.Asian Metal Copyright It has set up a consistent stainless steel manufacturing process.Asian Metal Copyright Recently, the board of directors has invested USD80 million with a total investment amount of TWD6.Asian Metal Copyright Stainless steel plant will be WalsinLihwa Group's main capital expenditure in the next 1-2 years.Asian Metal Copyright5 billion (USD0.Asian Metal Copyright32 billion in May this year to purchase equipment.Asian Metal Copyright21 billion).Asian Metal Copyright21 billion.Asian Metal Copyright The estimated benefits will gradually emerge in 2021.

WalsinLihwa Group said that it used to outsource rolling steel for its mainland business. Yantai plant is building a consistent process.Asian Metal Copyright32 billion in May this year to purchase equipment.Asian Metal Copyright The heating process is expected to be completed by the end of next year.Asian Metal Copyright The benefits will begin to show in 2021.Asian Metal Copyright The benefits will begin to show in 2021.Asian Metal Copyright5 billion USD0.Asian Metal Copyright Stainless steel plant will be WalsinLihwa Group's main capital expenditure in the next 1-2 years.Asian Metal Copyright It mainly constructs an intelligent deep processing project for new stainless steel materials, and builds the most advanced stainless steel rolling production line with the planning concept of intellectualization and industrial Internet of Things.Asian Metal Copyright WalsinLihwa Group increased its cash investment by USD100 million last year and invested TWD1 billion (USD0.Asian Metal Copyright5 billion USD0.Asian Metal Copyright32 billion) in May this year to purchase equipment.Asian Metal Copyright Recently, the board of directors has invested USD80 million with a total investment amount of TWD6.Asian Metal Copyright The board of directors recently approved another USD80 million.

According to public information, WalsinLihwa Group Stainless Steel Project, with a total investment of TWD 6.5 billion, is located in Dajijia Street, Yantai Development Zone, covering an area of 968 mu.Asian Metal Copyright The estimated benefits will gradually emerge in 2021.Asian Metal Copyright It mainly constructs an intelligent deep processing project for new stainless steel materials, and builds the most advanced stainless steel rolling production line with the planning concept of intellectualization and industrial Internet of Things.

.Asian Metal Copyright WalsinLihwa Group said that it used to outsource rolling steel for its mainland business.Asian Metal Copyright