On December 27, PB Group held a groundbreaking ceremony for a high-end metal precision foil product project invested and implemented in Hangzhou Bay New District, Zhejiang Province.
The project is mainly engaged in the research and development, production and sales of high-end metal precision foil products. The product line covers precision foil products such as nickel alloys, chromium alloys, copper alloys, and titanium alloys.
Among them, stainless steel precision foil products are the main products of the project. The products are mainly used in new energy batteries, electronic communications, high-end medical, aerospace and other fields. They have the comprehensive characteristics of high quality, high technology, and high added value. Their ultra-thin, high-temperature resistance, and easy-to-shape characteristics are globally recognized. High precision metal technology.
It is reported that the total investment of the project is 350 million yuan, the fixed asset investment is 250 million yuan, and the project’s designed production capacity is 15,000 tons a year. It is estimated that the annual output value will reach 400 million yuan after reaching the capacity. The project took 104 days to complete the relevant procedures for project construction. On December 25, the construction project construction permit was obtained, and the construction officially entered the site nearly three months earlier than the agreed time. It is expected to be completed and put into production by the end of December 2020.