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[April 2008]
China Gengsheng Minerals Introduces New Refractory Production Line
China Gengsheng Minerals Inc (Gongyi, China) has completed the construction of an all-new production line for pressed bricks. The annual designed production capacity is 15,000 metric tons. The line has begun its commercial production, with sales ensuing immediately.
Prior to the new line, Gengsheng had the capacity of 100,000 tons per year for monolithic refractories. The new shaped refractory is a standard-sized, block-shaped brick that can be mass-manufactured for different customers. Gengsheng's new line, housed in a new facility separate from the monolithic production site, is designed to make specialised pressed bricks that contain little to no carbon and are more durable than average refractory bricks, and will be used for the production of low-carbon steel. The average price for Gengsheng's specialty pressed bricks is expected to be more than twice that of the monolithics.
"Our new pressed-brick line will add a high-value product to our refractory offerings," said Shunqing Zhang, Chairman, CEO and President of Gengsheng. "We are currently selling the product to our full-service customers as an extra value of the program. We expect the sales of the bricks to contribute about 10% of our revenues this year."
Gengsheng's full-service programmes cover installation, maintenance and replacement of refractory products for customers. Such programmes accounted for 37% of the company's total sales in 2007.
www.gengsheng.com
ENDS