Beikuang’s $458M investment targets 7,500 tonnes of powder and 15,000 AM parts annually
Beikuang New Materials (Jiangsu) Technology Co., Ltd, based in Jiangsu Province, China, is reportedly planning a new powder production and Additive Manufacturing facility in Xuyi County, Huai’an. The two-phase project represents a total planned investment of RMB 3.06 billion ($458 million).
The first phase of the project involves the construction of 134,000 m2 of factory buildings and supporting facilities. The RMB 989 million ($148 million) initial phase was stated to include the purchase of equipment for powder production, processing and quality control.
The second phase will involve a further investment of RMB 2.071 billion ($310 million) to construct a 101,000 m² facility and the purchase of further equipment, including powder atomisers, spray dryers, laser cladding equipment and Additive Manufacturing machines.
Upon completion of both phases, the company expects to have an annual production capacity of 7,500 tonnes of powders and 15,000 additively manufactured products. It will also have capacity for 2 million square meters of electrodes for electrolytic hydrogen production.
