- On the afternoon of 5 December, Ms. Daphne Zhang, Consultant & Senior Product Manager of Asian Metal, visited Shanxi Fuhengdi New Material Co., Ltd. and held in-depth discussions with Mr. Juncai Chai, the President of the company, regarding the supply and demand for magnesium powder in 2024 and the anticipation of magnesium in 2025. In order to improve the market competitiveness, Fuhendi is carrying out the project of magnesium powder preparation intelligent equipment, which improves the production efficiency, increases the annual output by 20%, and reduces the labor cost by 70%. Fuhengdi also developed a new product “magnesium-based solid hydrogen storage and discharge of new materials”, which has been recognized by academician Wenjiang Ding of Shanghai University, academician Fusheng Pan of Chongqing University and Vice President Hua Hou of North University, and jointly prepared to establish “National Magnesium Alloy Materials Engineering Technology R&D Center”. The project is supported by the Department of Industry and Information Technology of Shanxi Province.
From Left: Daphne Zhang, Juncai Chai
- Fuhengdi owns over ten modern production lines, and its main products include military-purpose national-standard magnesium metal powder with varieties of specifications and civil-purpose magnesium metal granule, particle, powder, and passivated magnesium powder with varieties of specifications. The company has an annual production capacity of 1,000t of military-purpose magnesium powder, non-flaky magnesium powder and special-purpose magnesium powder, 15,000t of civil-purpose magnesium particle and powder, 5,000t of magnesium granule as well as 4,000t of passivated magnesium powder, and its production capacity and outputs are both in the front ranks of the Chinese magnesium industry. In 2021 the company took the lead among its counterparts around the country in introducing intelligent equipment, using intelligent management, building intelligent factory and realizing intelligent decision-making, and its first intelligent management and production lines have been put into operation.
- As a years-long partner of Asian Metal, Fuhengdi has been referring to market information and prices provided by Asian Metal for a long time. Fuhengdi thought highly of objective, fair and timely market information provided by Asian Metal and also gave positive comments on previous magnesium summits held by Asian Metal, planning to be a sponsor in the 13th Magnesium Summit to be held by Asian Metal in Xiamen on April 10-11, 2025.
