Capacity Expansion Plans of Electrolyte Companies in China in February

Published: Mar 21, 2023 09:59

Source: SMM

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SHANGHAI, Mar 21 (SMM) – The table below shows the 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.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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