On Monday, July 25, Aluminium Stewardship Initiative announced the joining of V Global Manufacturing Limited as its new Industrial User Member. Situated in Chengdong Industrial Park in Dehua County, V Global Manufacturing Limited, is a foreign-owned business in Singapore with a registered capital of 150 million yuan and is invested by Meitu Aluminum Industry Co., Ltd. In addition to introducing cutting-edge automated manufacturing equipment from Germany, Switzerland, South Korea, and other nations, the firm, which specialises in the manufacture and processing of aluminium alloy profiles, also uses it.
{alcircleadd}The production process is mostly automated. The primary regions of China where aluminium is produced provide the raw materials. The items are marketed as medium- and high-end curtain walls, doors, and windows made of aluminium alloy as well as brackets and frames for solar panels. They are mostly sold locally as well as in countries like Japan, Southeast Asia, Europe, America, and Africa.
“We look forward to developing the applicable sustainability practices to meet the ASI Performance Standard and material Chain of Custody Standard for aluminum,” said Wu Lixia, General Manager of V Global Manufacturing Limited.
The project spans 257 mu, with a 650 million yuan estimated total investment. 100,000 tonnes of aluminium alloy profiles are produced annually, with an estimated value of RMB 2 billion. There are two phases to the plan: the first phase, which is expected to cost 370 million yuan, has already cost 320 million yuan for the construction of the plant, the finished product warehouse, the production dispatch centre, and the painting, casting, oxidation, and sheet metal workshops.
The main roadways have been paved and landscaped. Manufacturing has begun on the nine extrusion production lines that already exist. The building of the second phase, which will cost RMB 280 million, is scheduled to begin in June 2019. There are now 420 employees. A total of RMB 270 million in production was produced in 2017, of which 36 million yuan were self-operated. In 2018, the output value is projected to be RMB 400 million.
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