Xinyu Chemical of Pangang titanium sponge production line is put in operation

On the afternoon of July 12, the launching ceremony of Xinyu titanium sponge production line of Pangang was held in Panzhihua vanadium titanium high-tech industrial development zone.Asian Metal Copyright The two sides jointly invested to establish the Xinyu Titanium Sponge Management Department of Pangangto use the resources, brand and management advantages of Pangang to start the recovery, transformation, production and management of the production line mentioned above, so that it can independently responsible to account for its own profits and losses, and activate the titanium sponge production line.Asian Metal Copyright After Xinyu titanium sponge production line was put in operation , Pangang steel can increase the capacity of 5,000 tons of titanium sponge per year, and achieve an output value of RMB238 million (USD34.Asian Metal Copyright60 million.Asian Metal Copyright60 million).

It is learnt that the production line of Panzhihua Xinyu Chemical Co., Ltd.Asian Metal Copyright The two sides jointly invested to establish the Xinyu Titanium Sponge Management Department of Pangangto use the resources, brand and management advantages of Pangang to start the recovery, transformation, production and management of the production line mentioned above, so that it can independently responsible to account for its own profits and losses, and activate the titanium sponge production line.Asian Metal Copyright, a subsidiary of Gangcheng Group, with an annual output of 5,000 tons of titanium sponge, was once completed and put into operation in 2009, and then was stopped production in July 2013 for various reasons.Asian Metal Copyright Since this year, with the strong support of the Panzhihua Municipal Committee and the Municipal Government, Pangang and Gangcheng Group have reached a cooperative agreement to lease the production line by Pangang for a period of 10 years.Asian Metal Copyright Since this year, with the strong support of the Panzhihua Municipal Committee and the Municipal Government, Pangang and Gangcheng Group have reached a cooperative agreement to lease the production line by Pangang for a period of 10 years.Asian Metal Copyright After Xinyu titanium sponge production line was put in operation , Pangang steel can increase the capacity of 5,000 tons of titanium sponge per year, and achieve an output value of RMB238 million USD34.Asian Metal Copyright The two sides jointly invested to establish the Xinyu Titanium Sponge Management Department of Pangangto use the resources, brand and management advantages of Pangang to start the recovery, transformation, production and management of the production line mentioned above, so that it can independently responsible to account for its own profits and losses, and activate the titanium sponge production line.

.Asian Metal Copyright The two sides jointly invested to establish the Xinyu Titanium Sponge Management Department of Pangangto use the resources, brand and management advantages of Pangang to start the recovery, transformation, production and management of the production line mentioned above, so that it can independently responsible to account for its own profits and losses, and activate the titanium sponge production lineAsian Metal Copyright