New materials project put into operation in Hechi
By (chinadaily.com.cn)
2020-07-03
The first phase of the calcium carbonate powder project of Guangxi Nandan Guorui New Material Technology Co was officially completed and put into operation on June 28, marking significant progress in the construction of key industrial projects in Nandan county, Hechi.
The total investment of the project is 130 million yuan ($18.41 million). The project has installed equipment like advanced robotic arms to make highly automated and smart production lines. After the project is put into production, it is expected that the average annual sales income will be 150 million yuan and the annual profit will be more than 30 million yuan. More than 100 people are expected to be employed and the annual tax payment is projected to be more than 20 million yuan.
In the future, the company will increase the added value of its products while stabilizing its existing production capacity. In addition, based on its large-scale high-quality mine resources and standard workshops, the company will introduce partners from the Yangtze River Delta and the Pearl River Delta.