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/
