Indonesia Miner
Welcome to Indonesia Miner
Home / Directory / List News / Detail News

Shandong Nanshan Aluminium to open $900m factory in Indonesia

www.investmentmonitor.ai

Thu 04 May 2023, 12:00 PM

Share

Events

Shandong Nanshan Aluminium, a China-based company principally engaged in the manufacture and distribution of aluminium products, plans to invest $878m (6.07bn yuan) to build an electrolytic aluminium factory at its production base in the Galang Batang Special Economic Zone, Indonesia. The new plant will mainly produce ingots and will have an annual output capacity of 250,000 metric tonnes, with the products primarily supplied to markets in South Asia and the Association of Southeast Asian Nations region. Electrolytic aluminium is typically used for power supply. 

Shandong Nanshan Aluminium is headquartered in Longkou City in north-east China and has about 18,000 employees worldwide. It includes multinationals such as Apple, BMW, Boeing, China Commercial Aircraft Corporation, General Motors, Huawei, Rolls-Royce, Samsung and Volkswagen among its customers. Shandong Nanshan announced that it would set up a $5bn aluminium complex in Indonesia in 2013, to be completed in 2016, at Bintan Nanshan Industrial Park. The company has since increased its investment in the project.

Source: https://www.investmentmonitor.ai/news/shandong-nanshan-aluminium-to-open-900m-factory-in-indonesia/

Image source: www.investmentmonitor.ai

Source Link: https://www.investmentmonitor.ai/news/shandong-nanshan-aluminium-to-open-900m-factory-in-indonesia/

Advertisement

Relate News

News
22 Jun 2023, 08:00 AM

Abundant Gold Reserves, Archi Indonesia (ARCI) Plans to Work on Underground Mining

industri.kontan.co.id
2648 Views
News
27 Jul 2023, 10:00 AM

Indonesia has granted Oman a mineral export license that is valid until May 2024

Bali Citizen
2320 Views
News
16 Mar 2022, 08:00 AM

Numbers of Projects Owned by Bukit Asam (PTBA) progressing

www.industri.kontan.co.id
3279 Views
News
09 Jul 2024, 14:42 PM

Building a Nickel Smelter, HRUM Disburses Loans of Up to IDR 9.49 trillion to Subsidiaries

http://www.harumenergy.com/en/marketing
1084 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.