Anhui’s Xuancheng-based aluminium profile project with an annual capacity of 100,000mt is scheduled to commence production in October.
Commissioned in October last year, the project has a total investment of CNY1bn ($15.47mn), including fixed assets investment of CNY600mn. The company is eyeing an annual CNY2bn output from the project.
Formerly known as Xuancheng Huilu Aluminium, the project was renamed as Anhui Huilong Group Huilu New Material Technology. The company will focus on producing energy-saving aluminium profiles as well as photovoltaic and industrial aluminum profiles. The construction work for this project commenced in March and will be complete in October.
The company supplies its product in the domestic market and also exports them to Europe, America, Asia, Africa, and Latin America.
($1=CNY6.46)