On April 13, the main factory building of the Luoyang Longquan high-precision aluminum strip project in Luoyang commenced construction.
This project is the first short-flow processing project in China that uses electrolytic aluminum liquid, which is directly converted into aluminum slab after purification and cooperation, and is produced by three-stand hot rolling.
The total investment of the project is 2.95 billion yuan, with an annual output of 250,000 tons of high-precision aluminum strip. The construction of the main plant was completed in October 2009. Equipment was installed in January 2010, and trial operation was conducted in June. The project was completed and put into production in December. After the project is put into production, it is expected to have an annual sales income of 5.2 billion yuan and annual profits and taxes of 600 million yuan.
This project is the first short-flow processing project in China that uses electrolytic aluminum liquid, which is directly converted into aluminum slab after purification and cooperation, and is produced by three-stand hot rolling.
The total investment of the project is 2.95 billion yuan, with an annual output of 250,000 tons of high-precision aluminum strip. The construction of the main plant was completed in October 2009. Equipment was installed in January 2010, and trial operation was conducted in June. The project was completed and put into production in December. After the project is put into production, it is expected to have an annual sales income of 5.2 billion yuan and annual profits and taxes of 600 million yuan.