The hottest Japanese Light merchant Ling aluminum
2022-10-19- Detail
Nissho Ryoka aluminum established an aluminum alloy manufacturing joint venture in India
nissho Ryoka aluminum, a subsidiary of Japanese light metal, announced that it would establish an aluminum alloy manufacturing and sales company in northern India together with India's largest aluminum alloy manufacturer, CMR metal recycling company (CMR)
NMA, a subsidiary of Japanese light metal, announced that it would establish an aluminum alloy manufacturing and sales company in northern India with CMR metal recycling company (CMR), India's largest aluminum alloy manufacturer
in India, with the development of the automotive industry, the aluminum alloy market is also growing rapidly in recent years, so NMA has been studying four kinds of quarantine pests to enter the Indian market. This time, NMA and CMR reached an agreement on the joint venture business of manufacturing and sales of aluminum alloys, and signed a joint venture contract on July 25, 2012
the capital of the new company is 250 million rupees (about US $4.4735 million), with NMA contributing 26% and CMR contributing 74%. The annual production capacity of aluminum alloy is 42000 tons, and it is scheduled to be placed on the 20 test bench. No unused parts and appliances are allowed to be put into operation in October of 2013
nma will take the joint venture business as a foothold to enter the promising Indian aluminum alloy market. While India captures development opportunities, it will also strive to meet the needs of customers for alloy development when entering the factory
note: the real-time exchange rate adopted in this manuscript is 1 US dollar =55.8850 rupees
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