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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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The greenfield facility will have more than 10,000 sq mt floor space and will be built on the existing Alleima site in Zhenjiang in China. Operations will ramp up from 2025, adding cold-finishing capabilities to meet the growing demand for heat exchangers, composite tubes and other application tubing products, mainly to the Chemical and Petrochemical segment in China. The facility will also have capabilities to produce hydrogen tubes supporting the build-out of Chinese green hydrogen infrastructure.\u003C\u002Fp>\r\n\u003Cp> The Chemical and Petrochemical segment is one of the targeted segments in Alleima’s profitable growth strategy. The offering consists of a premium portfolio of application tubing products used in chemical plants for production of chemical compounds, which are expected to grow driven by increased global consumption. Alleima had revenues of SEK 3,803 million in Asia, of which SEK 1,744 million in China during 2022. The investment will be carried out during a three-year period and capex guidance of approximately SEK 800 million for full year 2023 remains unchanged.\u003C\u002Fp>\r\n\u003Cp>Göran Björkman, President and CEO, Alleima, commented, “In line with our strategy, we are increasing our capacity to serve the growing market for our application tubing products for the Chemical and Petrochemical segment in China. Today, we are one of the leading players in the premium segment, and as we see an increasing demand driven by the infrastructure expansion of chemical plants, the investment is a key enabler to maintain our position and for continued profitable growth in the region.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.alleima.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2023\u002FemsbJsiLvgKEqmVIAy4Y.jpeg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FOctober2023\u002FemsbJsiLvgKEqmVIAy4Y.jpeg","2023-10-10T05:43:43+05:30",0,"Alleima is investing SEK 250 million to build a new 10,000 square meter cold-finishing facility in Zhenjiang, China.\nThe facility aims to meet rising demand for application tubing in the chemical, petrochemical, and green hydrogen sectors.\nOperations are scheduled to ramp up in 2025, supporting Alleima's long-term strategy for profitable growth in Asia.","Alleima is doubling down on its growth strategy in Asia with a significant investment of SEK 250 million. The company is set to build a new 10,000 square meter cold-finishing facility in Zhenjiang, China, specifically designed to address the increasing demand for heat exchanger tubes and application tubing products within the chemical and petrochemical sectors. This strategic expansion also positions Alleima to play a pivotal role in China’s growing green hydrogen infrastructure. As the industry evolves, this facility serves as a key enabler for maintaining Alleima’s leadership position in the premium tubing market. It is a clear signal of the company's commitment to scaling capacity and delivering high-value solutions to support global industrial infrastructure. #Alleima #IndustrialManufacturing #GreenHydrogen","Alleima is investing SEK 250 million in a new facility in Zhenjiang, China to boost production of application tubing for the chemical and green hydrogen sectors. 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