500 Thousand Tons Aluminum Alloy Project Settled in Holingol

(China Aluminum Network) Holingol and Jiangsu SQUAN Special Metals Material Co., Ltd held the signing ceremony a few days ago. The new special aluminum alloy material industrial park which can produce 500 thousand tons per year has settled in Holingol.

This project invested in 5 billion Yuan totally, the products including aluminum plate/strip, high-end aluminum alloy bar, aluminum alloy acoustic panel and others. After completion expected sales revenue can reach 8 billion Yuan, tax 0.8 billion Yuan and provide more than 1000 job opportunities.

According to the introduction, this project will largely propel the long-chain, diversification and centralization development of leading industries in Huolin River comprehensive resources recycling economy industrial park; step out a solid step for further development of Holingol industry and the improvement of economic aggregate.

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