China Pacific Inc. announces commencement of blast furnace trial operation.HONG KONG--(BUSINESS WIRE)--June 12, 1996--China Pacific Inc. is pleased to announce that the company's new blast furnace blast furnace, structure used chiefly in smelting. The principle involved in this means of extracting metals is that of the reduction of the ores by the action of carbon monoxide, i.e., the removal of oxygen from the metal oxide in order to obtain the metal. commenced trial operation Tuesday. The new blast furnace has a capacity of 335 cubic meters Noun 1. cubic meter - a metric unit of volume or capacity equal to 1000 liters cubic metre, kiloliter, kilolitre metric capacity unit - a capacity unit defined in metric terms and would bring the group's steel production capacity up from 400,000 metric tons to 600,000 metric tons, a 50% increase. Clement Clement, in the Bible Clement, in Philippians, one of Paul's coworkers. He is traditionally identified with St. Clement of Rome, the likely author of a letter written from there to the Corinthian church in c.A.D. 96. Mak, chairman and chief executive officer said "The new blast furnace is coming on line at just the right time, as we are at the beginning of an upward trend in the steel market. We will now be able to fill the shortfall Shortfall The amount by which the capital required to fulfill a financial obligation exceeds available capital. Notes: Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual. in steel production to better meet our customers' increasing demand for our steel products." CONTACT: China Pacific Inc. Connie Mo, 310/433-1882 |
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