On August 9, the Indonesia Morowali Industrial Park held the groundbreaking ceremony for the 1.2 million ton annual capacity joint venture smelting project of PT Indonesia Glory Metal. Chairman of Tsingshan Industrial Board Xiang Guangda and Executive Director of India's Jindal Stainless Group Abhyuday Jindal attended the ceremony. PT Indonesia Glory Metal is jointly invested by Tsingshan Industrial and India's Jindal Stainless Group, covering a planned area of 150,000 square meters with an annual planned output of 1.2 million tons of stainless steel. This is another fruitful result of their international deep cooperation and complementary integration in industrial technology and market expansion, following the Lanka and Kezan metal projects in the Indonesia Weda Bay Industrial Park. After the project is put into operation, it will further drive investment and employment in Indonesia, promote regional economic growth and prosperity, and inject fresh vitality into the efficient and healthy development of the global stainless steel market. At the groundbreaking ceremony, General Manager of PT Indonesia Glory Metal Fang Yi introduced the overall planning and future development blueprint of the project, reviewed the fruitful achievements of the industrial cooperation between the two parties, and expressed that with the spirit of "daring to be the first, incorruptible and dedicated," they will spare no effort to push forward the project construction and fully ensure the project is put into operation and reaches full capacity as soon as possible.
President of Jindal Stainless Group Tarun Kurbe highly praised the cooperation already achieved and expressed hope that the two sides would continue to deepen complementary advantages and integration, so as to achieve more fruitful results in international project cooperation and jointly promote the long-term development of both parties and the entire industry. Subsequently, the attending leaders jointly cut the ribbon, and Chairman Xiang Guangda solemnly announced, "PT Indonesia Glory Metal officially starts construction," kicking off the project construction. Chairman of Delong Steel Group Ding Liguo, President of Jindal Stainless Group Tarun Kurbe, Chairman of Green Eco-Manufacture Co., Ltd. Xu Kaihua, Chairman of Tsingshan Group Xiang Binghe, Chairman of Shanghai Dingxin Investment Group Wang Haijun, President of Tsingshan Group Wu Huadi, and IMIP Operations Director Wang Zhenhe attended the groundbreaking ceremony. More than 200 people attended the ceremony, including general managers of companies in the Indonesia Morowali Industrial Park, leaders of enterprises in the park, and employee representatives of PT Indonesia Glory Metal.
中资快讯
Indonesia's 1.2 Million Ton Annual Capacity Glory Metal Joint Venture Smelting Project Officially Starts
On August 9, the Indonesia Morowali Industrial Park held the groundbreaking ceremony for the 1.2 million ton annual capacity joint venture smelting project of PT Indonesia Glory Metal. Chairman of Tsingshan Industrial Board Xiang Guangda and Executive Director of India's Jindal Stainless Group Abhyuday Jindal attended the ceremony. PT Indonesia Glory Metal is jointly invested by Tsingshan Industrial and India's Jindal Stainless Group, covering a planned area of 150,000 square meters with an annual planned output of 1.2 million tons of stainless steel. This is another fruitful result of their international deep cooperation and complementary integration in industrial technology and market expansion, following the Lanka and Kezan metal projects in the Indonesia Weda Bay Industrial Park. After the project is put into operation, it will further drive investment and employment in Indonesia, promote regional economic growth and prosperity, and inject fresh vitality into the efficient and healthy development of the global stainless steel market. At the groundbreaking ceremony, General Manager of PT Indonesia Glory Metal Fang Yi introduced the overall planning and future development blueprint of the project, reviewed the fruitful achievements of the industrial cooperation between the two parties, and expressed that with the spirit of "daring to be the first, incorruptible and dedicated," they will spare no effort to push forward the project construction and fully ensure the project is put into operation and reaches full capacity as soon as possible.
President of Jindal Stainless Group Tarun Kurbe highly praised the cooperation already achieved and expressed hope that the two sides would continue to deepen complementary advantages and integration, so as to achieve more fruitful results in international project cooperation and jointly promote the long-term development of both parties and the entire industry. Subsequently, the attending leaders jointly cut the ribbon, and Chairman Xiang Guangda solemnly announced, "PT Indonesia Glory Metal officially starts construction," kicking off the project construction. Chairman of Delong Steel Group Ding Liguo, President of Jindal Stainless Group Tarun Kurbe, Chairman of Green Eco-Manufacture Co., Ltd. Xu Kaihua, Chairman of Tsingshan Group Xiang Binghe, Chairman of Shanghai Dingxin Investment Group Wang Haijun, President of Tsingshan Group Wu Huadi, and IMIP Operations Director Wang Zhenhe attended the groundbreaking ceremony. More than 200 people attended the ceremony, including general managers of companies in the Indonesia Morowali Industrial Park, leaders of enterprises in the park, and employee representatives of PT Indonesia Glory Metal.