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China has a large  aluminum industry which manufactures 2 million tons annually and imports 600,000 tons.
New laws permit Chinese manufacturers to import raw aluminum ingots and billets from other countries.

CHINA

INDUSTRIALIZED  CHINA HAS A VERY LARGE ALUMINIUM INDUSTRY WHICH IMPORTS RUSSIAN BILLETS AND SMELTS THEM INTO HIGHER PURITY INGOTS FOR EXTRUDERS.


EARTH DRAGON: The Earth Dragon is a quieter, more reflective Dragon, He will be appreciative of other's opinions even if he fails to agree with them. He is reasonable in his approach to problems and his leadership is less dictatorial. He is not given to outbursts of temper, but at the same time demands respect. He knows the value of cooperation and is more diplomatic than the other Dragons. He is ambitious, but his initiatives are less hurried and more carefully thought out.

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 In 1999 Palms & Company commenced sales of Russian origin ingots to Aluminum Company of America (ALCOA)

On October 7, 2002 Palms & Company made its first shipment Russian origin Aluminum ingots to  Turkey

 China currently produces 2 million tons of aluminum annually and imports 600,000 metric tons of billets annually

As the guest of the Chinese Government Dr. Palms visited China In May of 2002 to proceed with creation of a warehouse in Singapore from which Russian origin billets and ingots will be supplied to extruders and smelters in China. A similar discussion has begun with  private industry in South Korea  for the establishment of a distribution warehouse in Seoul


 President George W. Bush's Remarks click here

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CHINESE HOSPITALITY AFTER A LONG HARD DAY

BUT CHINA NEVER SLEEPS

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Palms & Company, Inc. Founded 1934
Palms Bayshore Building, Penthouse Suite #408 West Wing 
6421 Lake Washington Boulevard North East
State of Washington, United States of America, 98033-6876
Phone: 1-425-828-6774 & 1-425-827-5528
Branches: 41 World-wide 
email: Marketing@PeterPalms.com
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Created Nov 2002  Last Revision: 6/23/2004 
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