China-based Baowu Aluminum’s Phase I project was put into operations on Dec 20. The project has an annual output of 300,000mt aluminum alloys.
The Phase I of the project was built at an investment of around CNY7bn ($1.06bn) with a deep processing aluminum alloy production line of 300,000mt annual output. The plant has melting and casting, cold rolling, medium and heavy plate and finishing workshops along with auxiliary units.
Baowu’s plant has an annual designed production capacity of 80,000mt aluminum alloy for auto sheets; 50,000mt for medium and thick plates and 170,000mt for plates and strips of aluminum alloys. The company’s products are positioned to cater high precision aluminum strip segment in the domestic market with applications in automotive, aerospace, rail transit, military, architectural, packaging and electronics.
Baowu Aluminum is a subsidiary of China Baowu and is established in partnership with Henan Energy and Sanmenxia to research and develop aluminum materials and produce high value-added aluminum plates. The company plans to build an aluminum alloy deep processing project with 600,000mt annual output.
($1=CNY6.55)