Mingtai Aluminum's Aluminium Foil Proportion will Increase Year by Year

(Aluminium Network) In 2018 China produced about 10.7 million tons of aluminum plate/strip/foil (without repeated statistics of aluminium foil billiet), Mingtai Aluminum's production and sales reached 760,000 tons, increased 20% yoy. The company complete the designed target successfully, occupied 7.10% of the nation's total output, it is one of the leading enterprises in aluminum processing industry. Henan Mingtai Technology Development Co., LTD., a wholly-owned subsidiary invested and established by Mingtai Aluminum which has produced and sold 108 thousand tons of aluminum foil in 2018.  Their products are widely used in new energy battery, electronics, pharmacy and food packaging and other industries. At present, battery foil and electronic foil account for about 34% of the total aluminum foil products. In the future, with the increasing demand from new energy market proportion of this kind of products will increase year by year.

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