|Xi’an agreement promotes new metals sector
Zhongde Metal Group Co signed a cooperation agreement with Xi’an International Trade and Logistics Park on Nov 16 to build a TSP new metal research center, bringing new opportunities for the manufacturing industry in Xi’an.
Zhongde, headquartered in southern Guangdong province, is a Sino-German company that specializes in the research and application of new metals.
The project will adhere to the principles and standards required by the German Industry 4.0, promoting innovation, R&D and the application of the new metal technologies. Chinese and German researchers will cooperate in making innovations and inventions in new metals. Authorities expect the agreement to contribute to the development of the advanced manufacturing industry.
The first phase of the center will cover an area of 118 mu (78,700 square meters) with an investment worth 450 million yuan ($65.63 million). Besides a research center, there will also be administrative buildings and production bases. The project will import an automated assembly line from Germany that is able to produce 200,000 tons of new composite metals, such as TSP and TS, and is hoped to generate an annual turnover of 1 billion yuan in the first year, 3 billion yuan in three years.
TSP is a German production technique that is capable of saving 30 percent of steel and reducing production time by 30-50 percent. Given its outstanding mechanical properties and energy-saving features, it is widely used in airports, bridges and railway.
Zhongde Metal Group Co signed a cooperation agreement with Xi’an International Trade and Logistics Park to build a TSP new metals research center on Nov 16. [Photo/itl.gov.cn]