Aluminium International Today
Sapa to buy Chinese extrusion plant
Edited by : AL CIRCLE
1 min read
Sapa is to buy the Jiangyin Haihong Non-Ferrous Materials (Haihong) aluminium profiles facility in Jiangyin, 150km north-east of Shanghai.
The facility comprises 15 presses with a total capacity of 60kt and is one of the larger extrusion operations in the Yangtze River Delta region.
The facility is also equipped with casting, anodizing, horizontal powder coating, thermal break and fabrication capabilities. The transaction is subject to government approval, which the companies expect to receive in Q4 2011.
“Sapa has now established extrusion and fabrication capabilities in India, Vietnam and China. By using the experience and technical knowledge in Sapa, new solutions will be brought to these markets, benefiting,” sais Svein Tore Holsether, President and CEO of Sapa.
The facility comprises 15 presses with a total capacity of 60kt and is one of the larger extrusion operations in the Yangtze River Delta region.
The facility is also equipped with casting, anodizing, horizontal powder coating, thermal break and fabrication capabilities. The transaction is subject to government approval, which the companies expect to receive in Q4 2011.
“Sapa has now established extrusion and fabrication capabilities in India, Vietnam and China. By using the experience and technical knowledge in Sapa, new solutions will be brought to these markets, benefiting,” sais Svein Tore Holsether, President and CEO of Sapa.
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