Shandong Nanshan Aluminium to build a 14,000-tpy die forgings plant

Shandong Nanshan Aluminium Co. is building a 14,000-tpy plant for making precision die forgings to cater for demand from China’s transportation and machinery equipment sectors.

Shandong Nanshan plans to spend 1.5 billion yuan ($245 million) with self-raised funds accounting for 37% and bank loans, the rest, it told Shanghai Stock Exchange today.

The plant is being built in Longkou city, Shandong province from November 2013 to October 2015, it said. Annual revenues from the plant upon completion are expected at 1.3 billion yuan, it added.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.