SHANGHAI, Feb 23 (SMM) – According to SMM's statistics, battery foil is still one of the hottest products in the aluminium foil market. Many enterprises have announced that they will expand their battery foil production capacities. SMM briefly sorts out the new projects as follows.
If all the new battery foil production capacities are put into production as scheduled, the total capacity in China will exceed 1 million mt by 2025.
However, SMM believes that most large-sized aluminium foil enterprises can switch their battery foil production lines to the light gauge foil production. Due to the ban on plastic bags, the demand for the packaging light gauge foil is strong, and some high-end packaging light gauge foil is even more profitable than the battery foil.
Therefore, some of the capacities in the table may be put into the production of light gauge foil.
The change in downstream demand is the most important factor affecting the actual output of battery foil.
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