Signing ceremony for investment cooperation of alumina project of Shandong Zhanchi New Materials Co., Ltd.

In December 2020, the alumina investment cooperation signing ceremony of  Shandong Zhanchi New Material Co., Ltd. (Shanghai Chenxu Trading Co., Ltd.) was held in Yiyuan economic development zone.

Zibo city and Yiyuan county leaders and director of national colloidal material engineering technology research center and so on to attend and witness the signing of the contract.

Shandong Zhanchi New Material Co., Ltd. (Shanghai Chenxu Trading Co., Ltd.) will invest and build a 1200 tons alumina production project in Yiyuan county. The project is one major project in Yiyuan County. It is also the largest non coal industrial project invested by Yiyuan county so far. After the completion of the project, it is expected that the annual sales will reach 2 billion yuan, the profit will reach 0.2 billion yuan, and 1000 related supporting jobs can be provided.

Also product extension to α Alumina, γ Alumina capacitor corundum and high-end mold materials, catalyst support, sapphire and other related fields.

High purity 99.999% alumina is one of the latest ultra light high temperature insulation materials at home and abroad. High purity aluminum oxide powder is a white powder with uniform particle size, easy dispersion, stable chemical properties, moderate high temperature shrinkage and good sintering properties; High conversion and low sodium content. Its products are widely used in automotive industry, aerospace, nuclear power and other fields. It is of great strategic significance to promote the industrialized production of high-purity alumina.The high-purity alumina project broke the long-term monopoly and technical blockade of foreign enterprises on China's key material fields and filled the domestic gap. The project mainly constructs high-performance alumina and its products with an annual output of 1200 tons to meet the production needs of customers at home and abroad!

After signing the contract, the participating leaders and guests visited the exhibition hall and production workshop of Shandong zhanchi new materials Co., Ltd.