Daiki Aluminum – a Japanese based aluminum recycler has set up a recycling facility in Sricity near Chennai in Andhra Pradesh. The project has been set up in domestic tariff centre in Special Economic Zone. The new facility will be set up in an area spread across 20 acres and will entail an investment of ₹2,500 million.
It will have a processing capacity of 84,000 tpa of recycled aluminum ingots. As of January 2019, the company has laid foundation stone for the project.
|Project Location||Sri City, Nellore District,Andhra Pradesh|
|Project Cost (in million)||₹2,500|
|Project Capacity||84000 tpa|
|Commissioning Date||End 2020|
Company Profile : Daiki Aluminium Industry India Pvt Ltd