Nanshan Aluminum announced that it plans to establish PT Bintan Fine Chem Indonesia through a joint venture with its overseas wholly-owned companies and partners to invest in the construction of a project with an annual output of 200,000 tons of caustic soda and 165,000 tons of epoxy chloropropane, with a total project investment of about RMB 1,868 billion. The project aims to serve the alumina project in the same industrial park, promote the company's international production capacity cooperation, and enhance profitability and resilience to risks. PT.BFCI's registered capital is US$20 million, of which Nanshan Aluminum indirectly holds 48.45% of the shares. The project still needs to pass the EIA and construction permit approval by the Indonesian authorities, and there is a risk that it will be postponed, changed, suspended or terminated.

Nanshan Aluminum announced that it plans to establish PT Bintan Fine Chem Indonesia through a joint venture with its overseas wholly-owned companies and partners to invest in the construction of a project with an annual output of 200,000 tons of caustic soda and 165,000 tons of epoxy chloropropane, with a total project investment of about RMB 1,868 billion. The project aims to serve the alumina project in the same industrial park, promote the company's international production capacity cooperation, and enhance profitability and resilience to risks. PT.BFCI's registered capital is US$20 million, of which Nanshan Aluminum indirectly holds 48.45% of the shares. The project still needs to pass the EIA and construction permit approval by the Indonesian authorities, and there is a risk that it will be postponed, changed, suspended or terminated.