OREANDA-NEWS. May 16, 2012. Wisco Metal Resource Company and Singapore EnGro Group signed a cooperation agreement on a jointly invested project of annual output of 1.8million tons of slag powder, reported the press-centre of Wisco.  

EnGro Group, a well known listed company in Singapore, possesses rich experience on slag powder production and marketing, coupled with Wisco’s advantages on resources, brand and talents in strong complementation, thus to have vast cooperation space. Via more than a year’s effort, phase one of the joint invested project, annual capacity of 1.2 million tons of slag powder, has been put into production with full capacity.

Since then, the joint venture adopted transnormal consideration and working to open new situation. Meanwhile, the phase one project also acquired acknowledgements by national industry policies and fund support of over 10 million RMB. Based on this, both sides consulted to expand production scale, a phase two project with annual capacity of 1.8 million tons of slag powder, so as to give full play to scale merit.

The close cooperation between Wisco and EnGro Group will inaugurate another model for cooperation between enterprises in China and Singapore.