Once you have arrived at Bai Yun Airport, Guangdong Province, China, Press Metal International Limited (“PMI”) is merely 30km away from your arrival. Sitting on 760,000 square meters of land with an investment of USD160 million, it currently has a production capacity of 100,000 metric tonnes per year. Equipped with 22 extrusion presses (with press size ranging up to 4,000 metric tonnes), 3 paint lines, 2 PVDF lines, 1 anodizing line, 1 bright dip line and a fabrication plant; it is foreseen that by 2010, the plant will house a total of 40 presses, together with its production capacity reaching 200,000 metric tonnes per year.
Press Metal Berhad (“PMB”) via its subsidiary company in Wuhan is the second largest investment after PMI. It was established in the year 2007 with a total paid up capital of RMB50 million and has assets value of RMB350 million. Located on a land area of 255,000 square metres and has 204 electrolysis cells with an annual production of 100,000 metric tonnes of aluminium ingots and aluminium billets. It also has a power plant with a capacity of 1.2 billion KWH. The extrusion plant was setup in 2008 with 8 extrusion presses, 1 anodizing line and 1 paint line and has extrusion capacity of 50,000 metric tonnes per year. |