Recently, Indonesian Business Daily reported that Taiwan Yilian Group plans to build a stainless steel plant with an annual production capacity of 3 million tons in Morowali Utara County, Central and Soviet Province, with a total investment of about US$3 billion. Xue Hongyi, general manager of Yilian Indonesia Company (PT.EFI), said at the official residence of Adripe, the county magistrate of North Morovali County, Central Soviet Province, in Kolondale, Indonesia, a few days ago, at the official residence of Adripe, the county magistrate of North Morovali County, Central Soviet Province, Central Soviet Province, when meeting in the official residence of Adripe, the county magistrate of North Morovali County, Central Soviet Province, Central Soviet Province, and said: "This will become one of the largest stainless steel factories in the world."
, Aptripel Tumimomor, the county magistrate of North Morovali County, Central Soviet Province,
The construction of the project is divided into three stages, with a total investment of US$3 billion, all paid by Taiwan Yilian Group. The plant will employ at least 10,000 employees, and the investment will bring about 60,000 direct and indirect jobs. The first phase of the project will start construction in January next year.
Yilian Indonesian Company (PT.EFI) General Manager Xue Hongyi
As early 20 years ago, in order to ensure the stability of Yehui's long-term source of information, Lin Yishou, Chairman of Yishuang Group, planned to invest more than NT$100 billion in Tainan to build a large steel mill. More than 70 billion yuan of financing has been finalized and the equipment has been purchased, but in the end, the investment case has not been resolved due to the failure of environmental impact assessment.
Yelian Steel Kaohsiung Factory District
Westward to Mainland In 2000, Yilian invested in the establishment of a stainless steel cold rolling mill in Guangzhou. In 2007, after two years of construction, the stainless steel steel mill was completed and put into production. However, the operating conditions are not ideal since its start-up. Yilian Group once applied to establish an upstream carbon steel mill, but was affected by domestic overcapacity and was not approved.
February 8, 2007 Lianzhong Steel Plant held a production ceremony
Because Yilian Group has expanded too fast in education, medical care, leisure and real estate, its industry has made limited profits, so the group's finances have always been in a state of relaxation outside and internal tension. So Yilian Group sold 60% of the equity of Lianzhong Guangzhou Stainless Steel Company to Angang Group in October 2014.
Invest in Vietnam In 2008, Yilian obtained land in Quang Ngai Economic Development Zone, Guangyi Province, Vietnam from Juheng Company and planned to build a steel plant. Due to the impact of the financial crisis, the steel industry has declined rapidly. The Vietnamese government has not issued a factory construction license for a long time, and the factory construction has been shut down.
The picture shows Vietnam Guanglian Steel Plant
July 2015 Yilian considered that the current international steel market was in a very recession and was not suitable for investment, so he proposed to the Vietnamese government to suspend the promotion of this investment plan. In the end, the project was taken over by Hoa Phat Group.
set up a factory in the United States In 2017, due to the introduction of preferential policies such as tax cuts, Yilian decided to move closer to the United States and plans to go to the United States Texas to invest in steelmaking and rolling electric furnace plants for carbon steel and non-shrink steel. The planned investment amount for the first phase is more than NT$50 billion, with an annual output of 2 million to 3 million tons of carbon steel and stainless steel. Later, due to a hurricane hit near the site, it was hit hard by a hurricane and caused serious flooding. This location is less suitable for building a factory, so it must be re-selected and temporarily suspended.
The US sent 12 people to Yilian Group to discuss investment in the United States
As the stainless steel market began to recover last year, Yilian Group announced in March this year that it would promote the investment case of Indonesian nickel iron plant. Yehui, a subsidiary of Yilian Group, joined hands with affiliated companies Yelian and Yemao Company, and is expected to invest US$120 million in the first phase to participate in the investment plan of PT. E-United Ferro Indonesia (PT.EFI) Indonesian Nickel Iron Plant and Stainless Steel Plant, with an annual stainless steel embryo output of 670,000 tons.
Yilian Group Chairman Lin Yishou
At present, Yishuang Group has invested in Morowali County, Central Sulawesi Province, Indonesia and obtained the laterite nickel ore export quota. It will be able to mine and export on its own and supply stable materials to Fujian Ningde Liande Company Nickel Iron Factory.
Annual production of 300,000 tons of nickel alloy Fujian Liande
As Indonesia's stainless steel production capacity continues to expand, the crude steel production will reach more than 2.3 million tons in 2017 from 1.25 million tons in 2017 to more than 2.3 million tons this year. For example, the Delong project can be successfully put into production in October, and by the end of the year, the output of stainless steel in Indonesia may be close to 2.5 million tons, and the total production capacity will reach 4 million tons.
Phase III of Qingshan was put into production ahead of schedule in June this year. The production capacity of Qingshan stainless steel steel in Indonesia will reach 3 million tons
plus Delong will have 2 million projects in the later stage, Antam, Xinhualian , Xinxing Casting Pipe , Jinchuan 1 million project plans, plus Yilian planning, under normal circumstances, Indonesia's stainless steel steel production capacity will reach 10 million tons around 2020, which will accelerate the reshuffle of global stainless steel production capacity. This time, Yilian Indonesia's investment in nickel iron and steel mill project can be successfully promoted. In addition to fulfilling Lin Yishou's dream of a full-process steel mill for many years, it has limited impact on China and other stainless steel giants in the world.
Source: Ganggou.com
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