ASX-Dividend-Report-Banner

Xinhua Silk Road: E. China's Longkou City to accelerate construction of 203 key investment projects

March 20, 2024 01:00 PM AEDT | By Cision
 Xinhua Silk Road: E. China's Longkou City to accelerate construction of 203 key investment projects
Image source: Kalkine Media

BEIJING, March 20, 2024 /PRNewswire/ -- Since early March this year, Longkou City in east China's Shandong Province has commenced construction on 21 projects with a total investment of 19.6 billion yuan.

These projects include aerospace materials, high-end automatic control equipment, and comprehensive utilization of butane, spanning multiple sectors such as new energy, new materials, high-end equipment, and high-end chemical industry.

This year, Longkou plans to promote the construction of 203 key projects at the municipal level and above, with total investment exceeding 446 billion yuan.

On March 14th, at the construction site of the high-end lightweight aluminum sheet and strip project in the Nanshan Aviation Material Industrial Park, the main body of the steel structure factory covering nearly 100 mu has taken shape.

As a high-quality development project for the province in 2024, the high-end lightweight aluminum sheet and strip project has been progressing smoothly since its commencement in February 2023.

Once the project is put into operation by the end of 2025, it is expected to produce 200,000 tonnes of lightweight aluminum sheets and strips annually. The products will include large-size aluminum alloy skin plates for aerospace and lightweight aluminum alloy outer panels for automobiles, among other critical aluminum alloy materials, ensuring supply for the full range of skin thin plates for domestic aircraft series.

Shandong Nanshan Zhishang Sci-Tech Co., Ltd.'s high-performance differentiated polyamide filament project has been included in the list of major projects for Shandong Province in 2024. With an annual product output of 80,000 tonnes, it introduces a complete production line from the Germany's Barmag company and Japan's TMT companies, which will meet the domestic and international market demand.

In recent years, Nanshan Zhishang has expanded into the field of new textile fiber materials, accumulating a wealth of talent and technical experience related to textile fiber production.

It is noted that polyamide fibers have outstanding advantages in strength, wear resistance, and moisture absorption, which are widely used in outdoor and sports cloths as well as casual wear. 

See the original link: https://en.imsilkroad.com/p/339260.html

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.