Sanming of Fujian will build aluminum alloy project

Recently Fujian Zhengbang Metallurgy Material Co., Ltd. has signed an agreement with Jiangxi University of Science and Technology to build aluminum alloy project aimed at annual output of 8000 tons on utilization of scientific research advantage in nonferrous metal of Jiangxi university of Science and Technology.

Because aluminum is of light weight, corrosion resistance and easily forming, aluminum is more and more widely used, and its market demand is on the increase every year. There is also an increasing demand for alloy, flux and metal additive used for aluminum processing. Therefore, the large project with overall investment of 80 million yuan is of great significance to meet market demand and enlarge export. After it¡¯s finished and put into use, the project will achieve sales income of 0.25 billion yuan and turn in 10 million yuan taxation.

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