# Nanshan Aluminum to invest $228 million to raise auto panel output

Shandong Nanshan Aluminum will invest CNY 1.6 billion ($228 million) to build a new production line for automotive aluminum alloy panel sheets, raising annual capacity to 300,000 tons from 200,000 tons. Construction is expected to conclude in 24 months.

- Type: Expansion
- Announced: 2019-08-07
- Where: Longkou, Shandong province, China
- Value: $228.0M
- Starts operating: Aug 2021
- Status: announced
- Capacity: 300,000 tons per year
- Products: aluminum alloy panel sheets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Shandong Nanshan Aluminum Co. Ltd](https://endata.com/companies/26925.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/nanshan-aluminum-to-invest-usd228-million-raise-auto-panel-output), 2019-08-07: "Shandong Nanshan Aluminum will invest CNY1.6 billion (USD228 million) to build a new production line for automotive aluminum alloy panel sheets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.