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08 Oct
05:01

Fujian Sanming launches casting projects

Three casting projects in Sanming city in Fujian Province started construction at the end of September. With total investment of CNY 216.5 million ($30.38 million), they are looking to generate revenues of CNY 255m after commissioning, Kallanish notes. Jufeng Castings has invested CNY 90m in purchasing one 10-tonne electric arc furnace and six intermediate furnaces. It can produce 20,000 tonnes/year of high-end castings. It also plans to install&n…
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