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Chilwee Shut down One Battery Plant in Zhejiang, SMM Reports

iconSep 22, 2017 10:59
Chilwee Group shut down one battery manufacturer in Zhejiang with daily capacity of 20,000 pcs due to cost pressure, SMM survey finds.

SHANGHAI, Sept. 22 (SMM) - Chilwee Group shut down one battery manufacturer in Zhejiang with daily capacity of 20,000 pcs due to cost pressure, SMM survey finds.

The plant consumes about 100 tonnes of lead per day.

The battery producer is facing increasing cost from higher lead prices, and may cut capacity or lower operating rates in the near future. 

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