On November 5, 2010, the Freudenberg Group, which is dedicated to chemical and automotive component technologies, built a new factory in Yantai, which produces air springs and chassis parts for commercial vehicles. It is reported that Freudenberg plans to invest 130 million yuan in production and infrastructure construction by 2014. In addition, it will invest 32 million yuan for the new plant to supply the rapidly growing China auto market for automobile production and sales. According to reports, since 2005, Freudenberg has invested more than 1 billion yuan in the establishment of factories and sales organizations. In 2009, the total investment amounted to more than 114 million yuan. In the first three quarters of 2010, Freudenberg ’s sales increased by 60% compared with the same period in 2009. Freudenberg, the Freudenberg Group's representative in China and chief executive of Freudenberg Specialty Chemicals, said: “Ftpware has been operating plants in China for decades, and localized production is becoming increasingly important to meet the needs of the Chinese market. Therefore we plan to invest further to increase production capacity."
Galvalume steel is also called Aluminum-Zinc Alloy Coated Steel, Zincalume steel, aluminized zinc steel (aluzinc steel), SGLC. The galvalume metal is composed of 55% aluminium, 43.4% zinc and 1.6% silicon solidified at a high temperature of 600 ° C. Its whole structure consists of aluminium-iron-silicon-zinc, forming a dense quaternary crystal of an alloy.From the point of view of the degree of coating, the Galvanized Steel Coil is mainly the zinc plated on the coating, while the coating of the galvalume Steel Coil not only has zinc, but also has an extra part of aluminum.Galvalume Steel Sheet (coil) has better atmospheric corrosion resistance.
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