A workshop in Qingzhen's Wangzhuang aluminum processing industrial park [Photo/Guiyang news network]
Soaring market demand for high-end aluminum products has been a driving force behind the development of aluminum and aluminum processing enterprises in Guizhou province.
Guizhou High-Precision Plate, Strip and Foil Technology Co, located in the Wangzhuang aluminum processing industrial park in Qingzhen city, Guiyang, Southwest China's Guizhou province, is currently being overwhelmed with increasing domestic and overseas orders, with the company's production capacity in full gear.
The company recently began operating a third production line, which mainly produces Aluminum Foil Double Zero 8079-O. Its products will be exported to Turkey and India for food packaging. The company now boasts a monthly output of 1,000 metric tons of aluminum foil.
There are a total of 10 production lines owned by the firm, and the other seven production lines will be gradually relocated to the industrial park.
Meanwhile, the aluminum foil project and recycled aluminum project invested in by Guizhou Guilyu New Material Co have also progressed steadily. To ensure the smooth operation of the two projects, the firm has introduced an industrial development fund of 270 million yuan ($42.26 million).