Nanshan Aluminum Eyeing Expansions in High-End Aluminum Product Market

BEIJING (SMM): Shandong Nanshan Aluminum Co. is targeting high-end aluminum products to meet growing demand, China Securities Journal reported today.  

The company is looking to expand its aluminum extrusion capacity by 20,000-30,000-tpy in 2015 and bring its total capacity of industrial aluminum extrusion to 60,000-tpy, the media added.   

Nanshan Aluminum is planning to increase its annual capacity of cold-rolled aluminum products – mainly used to produce beverage cans – to 480,000 tonnes in 2015 from 430,000 tonnes in 2014. China’s annual demand for pop-top cans stands at 600,00-700,000 tonnes, growing at an annual rate of 10%, it reported.  

The company, whose high-end aluminum foil capacity stands at 30,000-tpy, has started construction on 40,000-tpy precision aluminum foil to capitalize on robust consumption in China – around 50,000 tonnes per year, China Securities Journal reported.  

Courtesy: www.metal.com