[CAPCHEM: Plans to Invest Approximately USD 260 Million to Build Middle East Capchem Lithium-ion Battery Materials Project]

Published: Dec 31, 2025 18:53

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CAPCHEM announced that it plans to invest in the construction of a lithium-ion battery materials project in Saudi Arabia's Yanbu Industrial City, with its wholly-owned subsidiary, Middle East Capchem, serving as the implementing entity. The total planned investment is approximately USD 260 million. The project will primarily produce carbonate solvents and ethylene glycol, with a construction period not exceeding three years. Funding will come from the company's own funds and self-raised funds, or through joint investment with third-party strategic investors. The project site covers an area of approximately 300,000 square meters. Currently, the company holds a 100% stake, with plans to subsequently introduce a local Saudi third-party investor for joint venture cooperation.

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