Capchem Intends to Invest 352 Million Yuan to Shileifluorine Material
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2024-11-29 16:36
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On November 26, Capchem announced that it intends to invest 352 million yuan of its own funds in Jiangxi Shileifluorine Material Limited Liability Company (hereinafter referred to as “Shileifluorine Material”), and after the completion of the investment, Capchem will hold a 42.8% stake in Shileifluorine Material. The investment will benefit Capchem battery chemicals key raw materials integration layout and long-term stable supply.
Shileifluorine Material, Capchem's long-term supplier, specializes in the research, development, production and sales of new fluorine materials, including Lithium Hexafluorophosphate (LiPF6), hydrogen fluoride, rare earth fluoride and so on. Shileifluorine Material has been awarded the honorary title of National High-tech Enterprise, Provincial specialized, high-end and innovation-driven SMEs, and has passed ISO 9001, ISO14001, ISO 45001 and IATF16949 certifications.Shileifluorine Material has built a production capacity of 15,000 tons of LiPF6 per year, which will be expanded to 33,000 tons per year during the performance commitment period. It has reached a close cooperation with a number of well-known enterprises in the lithium industry.
Shileifluorine Material has comprehensive advantages in the fields of resources, technology, environmental protection and cost, based on the development strategy of “resource foundation, industrial integration and innovation”. Relying on its own rich fluorite resources, Shileifluorine Material has formed a complete integrated industrial chain layout from hydrogen fluoride to LiPF6, which guarantees the stable long-term supply of LiPF6.
LiPF6 Production Base of Shileifluorine Material
Shileifluorine Material has independently innovated and developed the thermostatic dynamic recrystallization technology. Compared with the traditional method, the thermostatic dynamic recrystallization technology is characterized by short process flow, low investment cost, high production efficiency, excellent product quality, low material and energy consumption, and low emission of three wastes, etc., which has formed a better product quality and market competitiveness.
In recent years, Capchem has been promoting the integration of layout in the field of electrolyte raw materials. Capchem electrolyte production capacity is nearly 300,000 tons per year, requiring supporting LiPF6 about 37,500 tons per year. The electrolyte capacity under construction is about 340,000 tons per year, requiring new supporting LiPF6 about 42,500 tons per year.Capchem's investment in Shileifluorine Material is based on market demand, penetrate the upstream supply chain for new capacity layout. In addition to LiPF6, Capchem has basically realized independent supply of other key raw materials such as organic solvents and additives.
Shileifluorine Material's fluorine chemical business will provide a solid foundation for Capchem's development.It is expected that the production scale effect of Shileifluorine Material will be clear in the next year. Large-scale industrialized mass production will strengthen the advantages of low carbon, high efficiency and stable quality of the products, thus promoting Capchem's products and solutions to be safer, more efficient, greener, and ultimately empowering customers, industry and society.
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