新宙邦(300037.SZ):拟投资建设中东新宙邦锂离子电池材料项目

Core Viewpoint - The company plans to invest approximately $260 million in a lithium-ion battery materials project in Yanbu Industrial City, Saudi Arabia, through its wholly-owned subsidiary, Capchem Middle East Company [1] Group 1: Project Details - The project will have an annual production capacity of 200,000 tons of carbonate solvents and co-produce 100,000 tons of ethylene glycol [1] - The investment will also include the construction of supporting infrastructure such as public utilities, environmental treatment facilities, storage and logistics systems, and safety protection facilities [1] Group 2: Implementation and Adjustments - The company will follow legal procedures and disclose timely if there are any adjustments to the implementation entity or equity structure due to the introduction of joint venture partners [1]