Capacity Expansion Plans of Electrolyte Companies in China in February

Electrolyte companies

Headquarters location

Installed capacity

(10,000 mt)

Expansion plans

Shinghwa Advanced Material Group

Shandong

30

Its 300,000 mt/year electrolyte project is ready to be put into operation.

Caijin New Materials

Shandong

0

•It plans to invest in a 100,000 mt/yearelectrolyte project in Weihai City, Shandong Province.

•Its subsidiary company Fuding Caijin New Materials plans to build a supporting project with an annual capacity of 300,000 mt of lithium battery electrolyte in Ningde City, Fujian Province.

Tinci Materials

Guangdong

49

•The environmental impact assessment of its 200,000 mt/year electrolyte project in Nantong is currently under way, and it is expected to be completed in the second half of this year.

Shandong Chengyu

Shandong

0

•It announced its 800,000 mt/year electrolyte project, of which the first phase (200,000 mt) is expected to start construction in February 2023 and be completed and put into production in 2024.