Downstream weekly: Lizhong Group accelerates success, bags second major aluminium alloy wheels supply contract in record time

This week, the downstream aluminium sector has witnessed exciting movements, with Guangdong Fenglu Aluminium Co., Ltd. making progress on their aluminium and metal processing project in Xinxing County. All seven bidding sections of the first phase have achieved their construction milestones, and the second phase is expected to begin construction in October. The first phase is scheduled to start in August 2024, with full completion and operation anticipated by December 2025. These advancements will boost the city's industrial economy significantly. Lizhong Sitong Light Alloys Group has secured a new contract to supply its lightweight aluminium alloy wheels to a major new energy vehicle manufacturer. The contract is expected to bring in approximately US$9.3 million in sales revenue. A non-profit organization called Alumobility is committed to promoting the use of aluminium in the automotive industry worldwide. They will deliver a presentation at the Aachen Body Engineering Days event in Aachen, Germany, on September 19-20, 2023. The presentation will focus on the benefits of using aluminium to create lighter, safer, smarter, and more environmentally sustainable vehicles.

An executive of Hindalco Industries Limited, Nilesh Koul, rightly pointed out at the Fastmarkets aluminium conference in Barcelona that India's aluminium industry future looks radiant amid a muted or downtrend global picture. Thanks to the infrastructure provided by the government, the Indian aluminium industry is growing to satisfy amplifying demand.

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During the 2023 National Industrial Metrology Conference and the inaugural National Industrial Metrology Testing Alliance event held on September 13, the Metrology Department under the State Administration for Market Supervision and Administration unveiled the initial compilation of 118 outstanding achievements in industrial metrology.

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Lizhong Sitong Light Alloys Group, a China-based producer and seller of lightweight aluminium alloy wheels, has secured yet another contract to supply wheels. The new contract is with a leading new energy vehicle maker who will source aluminium alloy wheels from Lizhong for its upcoming Thai plant.

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On September 15, 2023, Huada Technology made an announcement regarding its plans to invest RMB 1.05 billion in a new energy and new material casting processing project. Under this project, the company will establish a wholly-owned subsidiary, Huaqi New Energy Technology (Jiangsu) Co., LTD., which will oversee the project's construction and implementation.

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Swaraj Aluminium, a Gujarat-based manufacturer and supplier of aluminium sheet, coil and foil, has been successfully registered by AL CircleBiz. From the beginning, there has been a strong emphasis on the quality of the products, leading Swaraj Aluminium to ensure that only materials of superior quality are used throughout the manufacturing process.

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In Guangdong's Xinxing County, the construction of the aluminium products and metal processing project by Guangdong Fenglu Aluminium Co., Ltd. has made significant progress, according to recent reports. The project commenced at the end of 2022 and has been advancing smoothly since then. All seven bidding sections of the first phase have reached their construction milestones, and the second phase is scheduled to begin construction in October.

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On September 11, Baoxing County and Zhejiang Hanyu International Supply Chain conducted a signing ceremony for the smart industrial supply chain project at the comprehensive Service centre of Baoxing Industrial Park, Yaan Economic Development District. Chairman of Heyu Aluminium CAI Ruijun, County Party Secretary Luo Xianze, and Heyu Aluminium Duo Maoyuan General Manager attended the ceremony.

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Lorin Industries Inc., a global leader in coil anodized aluminium production and innovation, has announced that it will introduce a new batch anodizing line in early 2024. This new capability, when combined with Lorin's extensive experience in coil processing, will enable the company to cater to the needs of its existing coil-to-coil customers with batch-anodized parts.

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The 20th China-Asean Expo and China-Asean Business and Investment Summit took place in Nanning on September 17. During the Investment Baise investment conference, a seminar and project signing ceremony on the emerging trends in new energy and materials was organised. As a result, Pingguo City successfully signed three projects, amounting to a total investment of  RMB 500 million. 

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Currently, Cosma Casting UK employs 350 full-time staff at its aluminium casting factory situated at Telford Business Park. The current building has a total area of 24,163 square metres. The company has submitted its plans to Telford & Wrekin Council to construct an extension of 11,104 square metres to the south of the existing building.

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