Turkey's Assan Aluminyum invests over $95 million on expansion
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Update time : 2021-10-20 20:28:15
Assan Aluminyum, a subsidiary of Kibar Holding and a big flat-rolled aluminum producer in Europe, has announced that it will invest more than US$95 million in a series of sustainable expansion plans during the period from 2021 to 2024, moving towards becoming a leading continuous casting company in Europe and America.
This investment will not only raise Assan Aluminyum's annual installed production capacity to more than 360,000 tons but also can produce higher value-added products to serve consumer goods, automobiles, construction, and other industries.