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Article: Alcoa Opens Chinese Facility - Analyst Blog
- Article from:
- Zacks Investment Research - Analyst Blog
- Article date:
- September 16, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
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Alcoa Opens Chinese Facility - Analyst Blog
Alcoa Inc.
(
AA
), the world’s leading producer of aluminum, recently started a new sheet facility in Qinhuangdao, China. Alcoa Bohai, the company’s Chinese subsidiary owns and operates the plant. Alcoa’s investment in Alcoa Bohai in 2005 was the largest foreign investment in the Chinese aluminum industry.
With this sheet facility, Alcoa now has the capacity to produce top grade aluminum sheets for Chinese printing, transportation, electronics and packaging industries. Alcoa Bohai will produce the best quality aluminum sheet used in the digital plate stocks by the printing industry and hard alloy ...