Henan Zhongfu Industry launches 300,000 tons aluminum alloy project

Dec 28, Henan Zhongfu Industry Co.,Ltd., a leading aluminium manufactory in China announced the launch of its 300,000 tons aluminum alloy project. Principle officials of the city Wang Wenchao, Li Gongle, Xue Yunwei and Cheng Chuanxi presented at the groundbreaking ceremony held in Yulian Industrial Park.

The new aluminium project is another cooperation between Yulian Group and Zhongfu Industry Co.,Ltd..

As an international group with billions of sales revenue and total assets, Yulian Group has develop an comprehensive industrial chain of "Coal - electricity - electrolytic aluminium". The annual electrolytic aluminium production capacity of the group has reached 600,000tons.

Relying on the advantages of resources and energy, the group get down to extending production line with Zhongfu Industry.

Thanks to the advanced technology and equipment, the new project will occupy the leading position in the same industry. According to the plan, the first phase will be put into practice in Oct 2010 with the investment of 2.4 billion yuan. Later, another 2.1 billion yuan will be invested to the second phase.

It is estimated the sales revenue will hit 7.5billion yuan after the project is completed.

Henan Zhongfu Industry Co., Ltd.

The Group's principal activities are the manufacture and sale of electrolytic aluminum, aluminum foil and aluminum profile series of products such as oxidated aluminum. It is also engaged in the generation of thermoelectricity. Its major brand is 'Yinfa'. The major products are re-melted electrolytic aluminum, aluminum ingots for re-melting and aluminum poles. Its products are sold in the People's Republic of China and are exported to other countries such as Japan, Korea and Switzerland.

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