ZCC to upgrade ultrafine tungsten carbide powder production line
2023-07-18 11:42:05 [Print]
Zhuzhou Cemented Carbide Group Co., Ltd. (ZCC), a wholly-owned subsidiary of China Tungsten and Hightech Materials Co., Ltd., plans to invest RMB248 million (USD34.58 million) to reform its ultrafine tungsten carbide powder production line with upgraded smart technology. The investment includes a capital increase of RMB150 million (USD20.91 million) to ZCC from China Tungsten and Hightech Materials, and the rest will be self-financed by ZCC.
ZCC will build a ultrafine tungsten carbide powder plant with new equipment and associated facilities for power supply, dust removal, ventilation, etc. The project will have a production capacity of 3,000tpa of ultrafine tungsten carbide powder and the pay back period is estimated to be 7.9 years (before tax).
ZCC will build a ultrafine tungsten carbide powder plant with new equipment and associated facilities for power supply, dust removal, ventilation, etc. The project will have a production capacity of 3,000tpa of ultrafine tungsten carbide powder and the pay back period is estimated to be 7.9 years (before tax).
Tungsten APT 88.5%min FOB China
Unit:USD/dmtu
China APT Producers' inventory to production ratio statistics by province by month
Unit: %
