Xinhui Baise-Wenshan starts poverty alleviation project for aluminum rod and aluminum refining and deep processing industry
2021-01-13 17:37:09 [Print]
On January 6th, 2021, the poverty alleviation project with annual production of 200,000 tons of aluminum rods and 100,000 tons of aluminum deep processing products of Xinhui Baise-Wenshan was started.
The project is invested and constructed by Guangdong Xinhui Industrial Co., Ltd. with self-raised funds. The project, located in Baise-Wenshan interprovincial economic cooperation park (new material industrial park) covering an area of 500mu, would have an annual production capacity of 200,000 tons of aluminum rods and 100,000 tons of deep-processed aluminum products, with total investment of about RMB1.2 billion (USD185 million) and annual output value of about RMB6 billion (USD926 million). The first phase of the project covering an area of 90mu with an annual output of 80,000 tons of aluminum rods is scheduled to start production in 2021. The second phase covering an area of 60mu with an annual output of 120,000 tons of aluminum rods is planned to start production during 2022 and 2024. The third phase covering an area of 350 mu with a deep processing capacity of 100,000 tons of high-end industrial aluminum profiles, aluminum plates, aluminum structural parts and other aluminum products is planned to start production from 2025 to 2027.
The project is invested and constructed by Guangdong Xinhui Industrial Co., Ltd. with self-raised funds. The project, located in Baise-Wenshan interprovincial economic cooperation park (new material industrial park) covering an area of 500mu, would have an annual production capacity of 200,000 tons of aluminum rods and 100,000 tons of deep-processed aluminum products, with total investment of about RMB1.2 billion (USD185 million) and annual output value of about RMB6 billion (USD926 million). The first phase of the project covering an area of 90mu with an annual output of 80,000 tons of aluminum rods is scheduled to start production in 2021. The second phase covering an area of 60mu with an annual output of 120,000 tons of aluminum rods is planned to start production during 2022 and 2024. The third phase covering an area of 350 mu with a deep processing capacity of 100,000 tons of high-end industrial aluminum profiles, aluminum plates, aluminum structural parts and other aluminum products is planned to start production from 2025 to 2027.
Aluminum Scrap Foundry Al 93%min, Cu 1.6%min Ex-VAT Delivered China
Unit:RMB/mt
China secondary aluminum alloy producers' inventory to production ratio statistics by province by month
Unit: %
