The core shareholder of the company put together a well-structured project as evidenced in the equity committed to the development and actualization of the construction of the 500MTP melting capacity factory.

The first step taken towards this was when it signed an EPCI agreement with CTIEC in Shanghai, at a ceremony both Mr. Peng Shou, President & Board Chairman of CTIEC and Mr. Femi Fadeni, Executive Vice Chairman of HBA appended their signatures to the contract. Click on the link http://www.ctiec.net/news/en_news/2014/12/12/1418369731463.jsp for more details.