# Nalco and Midhani form JV for aluminium alloy plate plant

Nalco and Mishra Dhatu Nigam (Midhani) signed a pact to form a joint venture company to set up a plant for manufacturing high-end aluminium alloy plates and sheets. Each will initially hold 50% equity.

- Type: Partnership
- Announced: 2019-08-12
- Where: India
- Status: announced
- Products: aluminium alloy plates, aluminium alloy sheets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [National Aluminium Company Limited](https://endata.com/companies/27990.md) (partner)
- [Mishra Dhatu Nigam](https://endata.com/companies/41276.md) (partner)

## Sources

- [aluminiumtoday.com](https://aluminiumtoday.com/news/nalco-to-form-jv-with-midhani-for-aluminium-alloy-plates), 2019-08-12: "Nalco has inked a pact with Mishra Dhatu Nigam (Midhani) to incorporate a Joint Venture company (JVC) to set up high-end aluminium alloy plant for manufacturing of plates, 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.