China to invest $ 820 million in aluminum alloy transportation project

Jilin Liyuan Precision Manufacturing Co., one of China's largest aluminum product manufacturers, is investing 5 billion yuan ($ 820 million) to build a new aluminum alloy vehicle parts facility in Xinbei, Liaoning, local media reported. ...

The project aims to annually produce aluminum alloy for 1,500 carriages and 10,000 tons of deep processing aluminum profiles. Construction will begin this year and is scheduled to be completed by 2018.

The company mainly manufactures and sells processed aluminum profiles in China, and exports to 18 countries and regions. Its products include industrial aluminum profiles for rail vehicles, aluminum alloy for containers and wagons. It manufactures products used in mechanical engineering and the automotive industry, which include engines, radiators, front bodywork.

The company's products also include architectural aluminum products, general building profiles and decorative aluminum profiles. The company owns a large production capacity for aluminum doors and windows. It manufactures products of deep processing of aluminum for the energy, petrochemical and glass industries.

At present, the company has an annual production capacity of 300,000 tons of aluminum profiles. Among them, the products of deep processing are more than 100,000 tons, including the aluminum alloy body of vehicles and automobiles.