- Business
- Choil Aluminum Co., Ltd. manufactures and markets aluminum semi-fabricated products, primarily rolled sheets and coils, in South Korea. The company produces coiled sheets for foil stocks, fin stocks, condenser cases, mold transformers, electrical wire covers, and insulator covering materials; sheets and plates for litho sheets, cosmetic caps, pilfer-proof caps, closure sheets, name plates, and soundproof walls; embossed sheets for construction exterior and interior decorations; circled sheets for household goods and light reflectors; and bands for cosmetic caps and electrical/electronic parts, with additional offerings in secondary battery materials, automobile components, aluminum foils, construction materials, PP caps, and railroad products. Founded in 1985 and headquartered in Gyeongsan-si, Gyeongsangbuk-do, the company operates from facilities equipped with DC and continuous casting lines, enabling an annual production capacity exceeding 160,000 metric tons, and primarily serves domestic markets while exporting to regions including China, Hong Kong, and the Philippines. Recent developments include a 2023 investment of 30 billion won from IMM Credit & Solutions to expand electric vehicle battery component production and a major supply contract with Lotte Aluminum; in 2024, completion of a plant expansion featuring a new MINO hot rolling mill, DC casting equipment, slab heating furnace, and related facilities to boost output to 200,000 tons annually and enhance high-strength alloys for automotive, electronics, and transportation sectors.