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Construction Begins for Second Posco-CTPC Plant
04/02/2010 - Posco held a groundbreaking ceremony for a second Posco-CTPC plant within the Tianjin Economic-Technologic Development Area on March 30. The automobile sheets facility will have an annual capacity of 120,000 tonnes.
Posco held a groundbreaking ceremony for a second Posco-CTPC plant within the Tianjin Economic-Technologic Development Area (TEDA) on March 30. The automobile sheets facility will have an annual capacity of 120,000 tonnes.
Participants of the ceremony included Posco Senior Vice President Oh In-hwan, as well as officials from TEDA and other client companies of the Chinese unit of Posco.
Posco completed the first Posco-CTPC plant in Tianjin in 1995, which also has an annual capacity of 120,000 tonnes. It is now supplying steel products to major electronics companies such as LG and Daewoo.
Products from the second plant will be provided for automakers such as Toyota, Tianjin Faw Xiali Automobile, and Great Wall Motors.
Posco expects the new plant to become a hub for sales expansion in the Huabei region by meeting growing demand for automobile sheets.
Participants of the ceremony included Posco Senior Vice President Oh In-hwan, as well as officials from TEDA and other client companies of the Chinese unit of Posco.
Posco completed the first Posco-CTPC plant in Tianjin in 1995, which also has an annual capacity of 120,000 tonnes. It is now supplying steel products to major electronics companies such as LG and Daewoo.
Products from the second plant will be provided for automakers such as Toyota, Tianjin Faw Xiali Automobile, and Great Wall Motors.
Posco expects the new plant to become a hub for sales expansion in the Huabei region by meeting growing demand for automobile sheets.
