China Zhongwang

Production at Zhongwang Plant in Tianjin Expected by End of 2016

Production at Zhongwang Plant in Tianjin Expected by End of 2016

Extruded aluminum giant China Zhongwang Holdings Ltd said last week that it expected the first production line at its Tianjin plant to come online by the end of the year. The firm anticipates that the new production line will help it tap...

Events

Chinese Fake Semis Fleeing Mexico for Vietnam

According to reports obtained by Aluminium Insider, a significant flow of fake semis has been emanating over the past several weeks from Mexico to Vietnam. The re-melted aluminium billet is likely to reenter the Asian market now that the United States market is closed to Chinese aluminium as a result of anti-dumping measures. Recent reports show […]

China Zhongwang to Spin Off Extrusions Business As Founder Resigns

China Zhongwang Holdings Limited announced this week that it will spin off its industrial extrusion business and list it in Shanghai. At the same time, the firm separately announced the resignation of its founder and long-time president Liu Zhongtian, which is likely to raise further questions about Zhongwang’s past. While Zhongwang was Hong Kong’s largest […]

US Government to Investigate Chinese Supplier Over Fake Semis

The Aluminum Extruders Council filed a Circumvention and Scope Clarification case with the United States Commerce Department against aluminum producer China Zhongwang last week, saying that the supplier is evading taxes by selling semi-finished aluminium in place of aluminium ingots. On Tuesday the Commerce Department said that, “based on the information provided by petitioner, the […]