Shandong Innovation Group
| Company type | Private |
|---|---|
| Industry | Metals |
| Founded | 2002 |
| Headquarters | , China |
| Products | Aluminum |
| Revenue | CN¥120 billion (2024) |
| Website | www.siginnovation.com |
Shandong Innovation Group Co., Ltd. (SIG) is one of the world's largest fully integrated aluminum alloy manufacturers, with over 20,000 employees and a total annual production capacity of more than 5 million tons.[1] The company is located in Zouping City, Binzhou, Shandong Province, China.[2]
History
The company was founded in 2002 and now has more than 20 subsidiaries worldwide, including Innovation New Material Technology Co., Ltd. (SH.600361), which is listed on the Shanghai Stock Exchange.[3] It is one of the 500 largest companies in China. Its product portfolio includes aluminum oxide, electrolytic aluminum, flat-rolled products, extruded profiles, cables and wires, and light alloy wheels, which are used in industries such as electronics, automotive, renewable energy, construction, and power supply.[4]
Shandong Innovation Sheet Materials Co., Ltd. was established in June 2008 as a holding subsidiary of Innovation New Materials Technology Co., Ltd. with a registered capital of 300 million yuan. The company has two subsidiaries, Shandong Innovation Foil Technology Co., Ltd. and Shandong Innovation Precision Aluminum Metal Manufacturing Co., Ltd., with a total of over 2,400 employees. The company is primarily engaged in the research and development, production, and sales of high-precision aluminum plates and foils.[5]
As one of the largest manufacturers of aluminum alloys, Shandong Innovation Group currently consists of over 10 industrial parks, which house the group's subsidiaries.
In 2023, the company signed contracts to supply technology, combustion and control systems for 27 tilting melting furnaces with a capacity of 70 tons to Gautschi.[6]
Since 2024, the Swedish group Gränges has been cooperating with the Chinese Shandong Innovation Group on the construction of an aluminum recycling and casting plant in Yunnan.[7]
See also
References
- ^ "Shandong Innovation Group Co., Ltd. | Members | About ASI | Aluminium Stewardship Initiative". Retrieved 2025-08-19.
- ^ "About Us-Innovation Group". Retrieved 2025-08-19.
- ^ China aluminium firm Shandong Innovation set for backdoor listing. 2021-08-06.
- ^ "Shandong Innovation Group Co., Ltd. | Members | About ASI | Aluminium Stewardship Initiative". Retrieved 2025-08-19.
- ^ "About Us_Shandong Innovation Sheet Materials Co., Ltd". Retrieved 2025-08-19.
- ^ Verena (2023-02-01). "Innovation Metall". Gautschi Engineering (in Austrian German). Retrieved 2025-08-19.
- ^ "Gränges Partners With China's Shandong Innovation Group On Aluminium Recycling And Casting Plant In Yunnan". Retrieved 2025-08-19.