C.S. Aluminum Corp. Adds Equipment in Kaohsiung Plant

Taipei, Oct. 3, 2011 (CENS)--C.S. Aluminum Corp., wholly owned subsidiary of the China Steel Corporation Group, Taiwan's largest integrated producer of steel products, will expand its plant in Kaohsiung City, southern Taiwan.

In July this year, the company set aside approximately NT$10 billion to expand its plant in Kaohsiung headquarters, including the installation of four sets of precision hot-rolling equipment and a set of cold-rolling equipment, which will raise annual output of aluminum sheets and coils by 100,000 metric tons to 225,000 metric tons.

The company also will invest NT$5 billion to retool old plants and establish a hot-rolling furnace to be completed by 2013, which will raise annual capacity of aluminum sheets and coils 1.2-fold to 265,000 metric tons.

C.S. Aluminum said the plant expansion will help tap lucrative business in bottled food cans, 3C (consumer electronics, computers, communications) and raw materials for automotive lithium-ion batteries both in Taiwan and China.

The company's subsidiary in China—the Ningbo Huayang Aluminum-Tech Co.—will invest NT$18 billion to expand production.

C.S. Aluminum estimates capital expenditure to reach NT$30 billion to expand capacities in Taiwan and China over the next three years, making CSC Group a major supplier of industrial materials.

F.Y. Wei, president of C.S. Aluminum, says the company will sell 120,000 metric tons of aluminum sheets and coils this year, compared to 115,000 metric tons last year.