Tipro International Co, Ltd, Xi’an, China, has begun work on a new factory in an effort to keep up with the growing demand for imported and domestic titanium. The development represents the largest single investment in the company’s history, amounting to over $70 million.
Tipro is an international core supplier of titanium materials to manufacturers, including powder producers, established in China in March 2004. The expansion plans have been listed as a key project by the Shaanxi Provincial Government.
THE WORLD OF POWDER METALLURGY TO YOUR INBOX
Subscribe to our weekly newsletter
The new factory is expected to begin operations in July 2024 and will run parallel to the current factory, increasing production capacity to up to 5,000 tons per year.
The new factory covers an area of 100,000 m2 and is located a short distance from the old factory. The new factory is planned to have two electron beam & VR melting production lines, a 3,500 T automated forging production line, and a continuous hot rolling automated production line. This production line can achieve the production capacity of titanium alloy and nickel alloy coil with a unit weight of 400 KG.