October 18, Fujian Nanping Aluminium Sheet & Strip Co., Ltd. and South Korea NeoMetalplus entered into a joint venture agreement to invest over 7 million dollars to build a high-end composite material project in Fujian province. It is reported that the manufacturer will adopt a unique technology to produce a new type of composite material with bonding strength of nearly 10 times higher than existing products. The 1st phase of the project is expected to be put into operation in the second quarter of 2018, with capacity of 15,000 tons per annum.

Source: http://www.cnmn.com.cn/ShowNews1.aspx?id=381201

 

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