Youyan Powder acquires a majority stake in British metal powder producer MMP

Great wisdom of a Sida gram news agency on March 6th news, according to "Metal Powder Report metal industry journal" reported today, Youyan powder new materials Co., Ltd. has completed the British metal powder producerMakin Metal Powders UK (MMP) most of the acquisition of shares.

Reported, MMP managing director Dr. John Boden, will continue to be in charge of the board of directors, the company will continue in the UK

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Rochdale City independent operation. But MMP will gain support powder provides funding and expertise, and sales channels in the China powder.

The two companies after the merger, will be an annual output of more than 21000 tons of copper and non-ferrousmetal powder.

The report quoted Youyan powder director general manager Wang Limin said, Youyan powder very recognizedMMP professional knowledge, products and dedication, the two companies will cooperate closely, copper and copper alloy powder to meet the growing market demand.

Youyan powder new material is Beijing General Research Institute for Nonferrous Metals Holdings, the high-tech enterprises in Beijing City, specialized in metal powder production, R & D, sales. GRINM or A shares of listing Corporation silicon research unit (600206.SH) parent holding company.

Press: Li Tianjiao proofreading: Han Deqi