UACJ forms joint venture with CITIC Bohai Aluminum and CITIC Dicastal

UACJ Corporation agreed to form a joint venture with CITIC Bohai Aluminum Industries and CITIC Dicastal to manufacture automotive aluminum extruded parts, starting with bumpers and battery casings, in China. UACJ will hold 40%, CITIC Bohai 51%, and CITIC Dicastal 9%.

“The new company will manufacture automotive extruded parts and components, beginning with vehicle bumpers and battery casings.”marketscreener.com

• 1 source
• marketscreener.comUACJ to Form Joint Venture with CITIC Bohai Aluminum Industries and CITIC Dicastal | MarketScreenerS&P Capital IQMar 28, 2019

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