High-tech Aluminum Will Start Equipment Installation for Second Stage

(China Aluminum Network) Ning Hongtun who is the chief engineer of project department of Jiangsu Guolv High-tech Aluminum Co., Ltd said they will start the equipment installation of second phase cold rolling production line in October, in order to ensure it can be build and go on stream in March 2014. After full production, it can realize sales 10 billion Yuan.

Guolv High-tech project is a major new material project, invested in 3 billion Yuan totally, will build casting factory, hot rolling factory, cold rolling factory and special profiles factory respectively. Within less than 2 years, it has realized construction, production and earning, now hot rolling factory has put into production. In next 2 years, this project will finish annual sales target of mare than 10 billion Yuan and establish aluminum magnesium alloy research institute. It plans to appear on the market within 3-4 years and be the aluminum alloy products high-tech park within 5-6 years.

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