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Sapa's plant deal
By Richard Fu |
September 23, 2011, Friday
|
Print Edition
Print Edition
SWEDEN'S Sapa Group, an aluminum maker, yesterday signed an agreement with China's Jiangyin (Haihong) Non-Ferrous Materials Co to acquire its aluminum extrusion plant in Jiangyin, Jiangsu Province.
The facility is capable of producing 60,000 tons of products a year and is one of the largest extrusion operations in the Yangtze River Delta region, Sapa said yesterday, without disclosing the deal value.
The agreement needs government approval.
The facility is capable of producing 60,000 tons of products a year and is one of the largest extrusion operations in the Yangtze River Delta region, Sapa said yesterday, without disclosing the deal value.
The agreement needs government approval.
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