Core Viewpoint - The company is expanding its production capacity by investing approximately RMB 9.5 billion in a new project to produce 60,000 tons of vinyl carbonate (VC) annually, which is expected to enhance its market share and strengthen its position in the lithium battery electrolyte additive industry [1][2]. Group 1: Project Details - The new project will be implemented in two phases, with the first phase involving the construction of a 30,000-ton VC production line, expected to take about 18 months from the start of land acquisition [1]. - The total investment for the 60,000-ton VC project is approximately RMB 16 billion, with the project covering an area of about 230 acres [1]. Group 2: Market Context - The company has been deeply involved in the lithium battery electrolyte additive industry and has benefited from the rapid growth of the lithium battery sector, leading to significant improvements in its scale and operational capabilities [2]. - Despite the growth, the company faces increasing competition in the industry, resulting in a decline in its market share [2]. - The expansion is aimed at meeting the growing supply demands from upstream customers and providing better supply chain assurance [2]. Group 3: Production Synergy - The company’s subsidiary, Hubei Huasheng Xianghe New Energy Materials Co., Ltd., has successfully entered the trial production phase for its 80,000-ton chlorinated vinyl carbonate project, which will supply stable intermediate products for the new VC project [2]. - The production of chlorinated vinyl carbonate will leverage existing infrastructure, effectively reducing marginal costs and improving the economic viability of the new VC project [2].

Core Viewpoint - The lithium battery key material, vinylene carbonate (VC), is experiencing a wave of capacity expansion led by industry leaders, highlighting robust long-term demand expectations for lithium batteries [2][7]. Group 1: Capacity Expansion Plans - Major companies are announcing large-scale VC expansion plans, with Huasheng Lithium Battery planning to invest approximately 950 million RMB to build a 60,000-ton VC production project in Hubei Province [3]. - Shandong Genyuan New Materials, backed by CATL, has unveiled a more ambitious expansion plan to construct a total of 200,000 tons of VC capacity in three phases, with a total investment of 5 billion RMB [3][4]. - Other companies are also planning smaller-scale expansions, such as Ulaanbaatar Jinda Fine Chemicals and Zaozhuang Huabo Chemical, each planning to add 3,000 tons of VC capacity [4]. Group 2: Market Demand and Trends - The concentrated expansion of VC capacity is interpreted as strong evidence of the lithium battery industry's robust long-term demand, with lithium battery production demand remaining strong [4]. - In April, the production of electrolytes increased by over 5% month-on-month, driven by the release of new electric vehicle models and the implementation of "old-for-new" policies [4][5]. - The addition ratio of VC varies across different types of lithium batteries, with higher ratios in lithium iron phosphate batteries, indicating a growing demand for VC [5]. Group 3: New Growth Drivers - The commercialization of silicon-based anode materials is creating new growth points for VC, as adding VC helps stabilize the solid electrolyte interphase (SEI) membrane, crucial for enhancing battery performance [6]. - The shipment volume of silicon-based composite materials for lithium batteries in China is expected to reach 21,000 tons in 2024, reflecting an 11% year-on-year growth, indicating the increasing demand for VC [6]. Group 4: Market Conditions and Quality Requirements - Despite the expansion wave, VC market prices have remained low, with an average price of approximately 50,000 RMB per ton, although there has been a slight recovery [6]. - Downstream battery manufacturers are raising quality standards for VC products, with some leading companies increasing purity requirements from 99.95% to 99.995% [6].

Battery Industry - Honeycomb Energy has successfully rolled off its 1.2 millionth battery pack at its Suining base, with over 280,000 off-road battery packs produced [1] - Hunan Province's Yiyang City has announced the environmental impact report acceptance for a project to produce 7,000 tons of battery-grade lithium carbonate, with a total investment of 120 million RMB, including 2 million RMB for environmental protection [2] - Huasheng Lithium Battery plans to invest approximately 1.6 billion RMB in a project to produce 60,000 tons of vinyl carbonate (VC) in Hubei Province, with the first phase targeting 30,000 tons [4] - Jinlongyu intends to invest 1.2 billion RMB to establish a mass production line for solid-state battery key materials in Huizhou [5] Overseas Developments - Samsung SDI has officially commenced mass production of the 46 series large cylindrical batteries in Vietnam, with 4,695 modules already shipped, primarily targeting the U.S. market for applications in electric three-wheelers, small electric vehicles, and e-bikes [8] Trade Policies - The U.S. has implemented a new tariff policy, with a 10% minimum benchmark tariff on all trade partners and a 34% tariff specifically on China, alongside a 25% tariff on foreign automobiles, which includes lithium batteries [9]

倒计时2天 2025起点锂电圆柱电池技术论坛 暨圆柱电池20强排行榜发布会 活动主题： 聚集新 技术 探索新工艺 主办单位： 起点锂电、起点研究院（SPIR） 活动时间： 2025年2月28日 活动地点： 深圳宝安登喜路国际酒店2楼国际厅 活动规模： 500+人 近日，总投资额10.46亿元、年产10万吨的孝义市锂电池电解液添加剂项目，在施工一线抢工期、赶进度，锚定今年投产。 孝义市年产10万吨锂电池电解液添加剂项目，是山西省"三个一批"项目和2024年省级重点工程项目，该项目建成投产后可安排就业岗位350 个，正常运营年销售收入约14.25亿元，年利润总额约3.8亿元，年所得税约8300多万元。 山西领泽新材料科技有限公司总经理李书廷表示，将围绕新能源产业投资67亿元，陆续铺开年产15000吨电子级交联剂项目、年产2万吨电子 级二甲基亚砜等5个项目。项目全部落地建成后，将极大地丰富地方的产业形态，改善产业布局，提升地域经济发展的质量和效益。 据此前报道，该项目由山西领泽新材料科技有限公司在山西吕梁孝义经济开发区精细化工园区建设，项目占地214亩，主要建设包括年产2*3 万吨三乙胺装置、年产2*2000吨碳酸 ...

Core Viewpoint - The article highlights the significant investment and development of a lithium battery electrolyte additive project in Xiaoyi City, Shanxi Province, which aims to enhance local economic growth and employment opportunities through the establishment of a new production facility [1][2]. Group 1: Project Overview - The Xiaoyi City lithium battery electrolyte additive project has a total investment of 1.046 billion yuan and aims for an annual production capacity of 100,000 tons [1]. - The project is part of Shanxi Province's "three batches" initiative and is a key provincial project for 2024, expected to create 350 jobs upon completion [1]. - Once operational, the project is projected to generate an annual sales revenue of approximately 1.425 billion yuan and an annual profit of about 380 million yuan, along with over 83 million yuan in annual tax revenue [1]. Group 2: Future Investments - The company plans to invest 6.7 billion yuan in the new energy sector, with additional projects including a 15,000-ton electronic-grade crosslinking agent and a 20,000-ton electronic-grade dimethyl sulfoxide project, among others [1]. - The completion of all planned projects is expected to significantly diversify the local industrial landscape and improve the quality and efficiency of regional economic development [1]. Group 3: Project Details - The project is being constructed by Shanxi Lingze New Materials Technology Co., Ltd. in the Xiaoyi Economic Development Zone, covering an area of 214 acres [2]. - Key facilities include two 30,000-ton triethylamine units, two 2,000-ton vinyl carbonate units, and two 2,000-ton fluorinated ethylene carbonate units, along with supporting infrastructure [2].