Chinese investors visit the plant
China Mission reviewing plans fitness for Alcasa

Source: Carolina Valerio Pathé. Photo: Jonny Arreaza.
24/2/11

A mission of 19 technicians from the China Aluminium International Engineering Co (Chalieco) CVG Alcasa will remain until the first of March, with the goal of completing the feasibility studies of projects approved under the long-term financing of Chinese Joint Fund Venezuelan (FCCV). While at the meeting were not spokespersons of the Ministry for Basic Industries and Mining (Mibam), Ouyang Wuhan, China representative of Chalieco commission, said that in the first phase have four plans to bring the facilities of the company, two they aimed at the reduction and transformation of aluminum, for "the purpose of the adequacy of Alcasa is to increase productivity through equipment, determined.

A commission of 19 technicians from the China Aluminium International Engineering Co (Chalieco), tour the facilities of CVG Alcasa until the first of March, with the goal of completing the feasibility studies of each of the projects that were approved under the financing Long-term Chinese Joint Fund Venezuelan (FCCV)
While meeting the presence of officials of the Ministry of People's Power for Basic Industries and Mining (Mibam) was conspicuous by his absence, Ouyang Wuhan, representing the Chalieco technical committee, said that in the first phase have four projects to bring business facilities, two of them focus on the reduction and transformation of aluminum, for "the purpose of the adequacy of Alcasa is to increase productivity through equipment, determined.
That would take, at its option, one to two years to accomplish and Chinese technology is used for area reduction, lamination and aluminum smelting. Also said they have paid attention to environmental impacts that could affect the city "where they will have to meet environmental standards in the region."

Shares expected to materialize

For his part, José Piñango, board member Alcasa lamination technique, specifies that this meeting marks generated by the agreement in November and December last year the company Mibam Chalieco and where its terms provided that a within 30 days of a technical committee would interact with the Chinese and Venezuelan specialists to advance the project of 403 million dollars that are planning to invest in Alcasa.
He foresaw that have been subdivided into four working groups, which includes the area of reduction, rolling, casting and extraction, to work all the time that is necessary for China's representation takes home all the technical documentation to move as quickly as possible in achieving these projects.
They estimated that in June the committee present the final offer China the factory in order to realize at once the negotiation firm and the company starts the production process required to bring it to float.

More presence

Arcedo Hernandez, a member of the committee on science and technology Sintralcasa took the opportunity to send a warning to members of the working groups that were not in place "because Alcasa investments are not subject to the decision president of the factory or on the board but there to give the true meaning of workers' control, participated.
Also brought out that representatives of Chalieco are aware of the situation of the 31-day strike which has the plant, due to the conflict generated by the union of Sintralcasa and the minimum with which the company produces today. Also said that the president of the industry, Elio Sayago, is aware of the meeting with the commission China.


Earlier this year a committee of investors from China also visited the facilities of the company, only to observe the conditions that kept the factory. This action taken generated uncertainty in the labor force Alcasa as public opinion, it is speculated that the industry would pass to the representation of China. For now the commission is expected to invest another agreed upon within the factory Alcasa to re-emerge.