Chinese Mainland No.1 Market for Asia's Largest Aluminum Extruder

Home>>Business

Last updated at: (Beijing Time) Tuesday, October 22, 2002

Chinese Mainland No.1 Market for Asia's Largest Aluminum Extruder

Asia Aluminum Holdings Ltd, Asia's largest aluminum extruder, said Tuesday in Hong Kong that the Chinese mainland continues to be its largest and most promising market.

DISCUSSION

CHINESE

SEND TO FRIEND

Asia Aluminum Holdings Ltd, Asia's largest aluminum extruder, said Tuesday in Hong Kong that the Chinese mainland continues to be its largest and most promising market.

The group believed that the mainland's infrastructure and property development activities will continue to gain momentum.

It announced that it had secured contracts for Guangzhou Huadu Airport, Beijing People's Great Hall renovation work, Shanghai World Trade International Center and five massive residential projects in Shanghai during the year 2002. Other projects such as the Grand Opera House in Beijing are currently under negotiation, it said.

Asia Aluminum now operates five extrusion plants in Nanhai, Guangdong province, with a total annual production capacity of 120,000 tons.

The group's Managing Director Benby Chan said Asia Aluminum will continue to pursue a multi-faceted growth strategy in its core aluminum extrusion business through a combination of vertical and horizontal expansion.

The group was recently named one of the "World's 200 Best Small Companies for 2002" by Forbes Global.

Questions?Comments? Click here

Historic Achievements Gained in China's Science and Technology ( 18 Messages)

Powell Expects Improvement of US-China Relations ( 25 Messages)

China May Have More PhDs Than the US in 2010 ( 3 Messages)

China's Oil Security Faces Tests of War: News Analysis ( 23 Messages)

Economist on China's Sustainable Economic Growth ( 5 Messages)

President Jiang's Trip will Advance Sino-US Ties: Officials ( 6 Messages)