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On April 22 , Xinzhoubang issued an announcement stating that the company intends to use its wholly-owned subsidiary Tianjin Xinzhoubang New Materials Co.
On April 22 , Xinzhoubang issued an announcement stating that the company intends to use its wholly-owned subsidiary Tianjin Xinzhoubang New Materials Co.
According to the announcement, the first phase of investment is 450 million yuan, and it is planned to build an annual output of 40,000 tons of semiconductor chemicals and 50,000 tons of lithium battery materials (including semiconductor-grade hydrogen peroxide, ultrapure ammonia, LCD etching solution, electronic-grade hydrofluoric acid, and lithium battery materials) ; one is put into production, is expected to achieve revenues of about 25 billion yuan, profits of about 2.
In addition, the technology used in the lithium battery material in this project is a mature technology independently developed by the company.
Semiconductor chemicals are mainly used in semiconductor wafer processing, display panels and solar cell manufacturing processes.
Xinzhoubang said that at present, South China, East China, Central China and Fujian have established relevant industrial layouts and established multiple production bases for battery chemicals, capacitor chemicals, semiconductor chemicals, and organic fluorine chemicals.
With the increasingly serious problems of energy security and environmental pollution, the rise of 5G and other electronic consumer fields and the continuous increase in energy storage demand, leading to distributed and independent energy storage such as new energy vehicles, smart phones, tablets, laptops, home energy storage and solar energy, wind power generation, etc.
power supply and other energy storage systems continues to grow rapidly, according to forecasts, the global battery, 3C consumption and energy storage 3 demand for lithium batteries large field by 2020 Nian 271GWh up to 2025 years 1000GWh , the average annual compound growth rate of about 29% .
Corresponding to the demand for lithium-ion battery electrolyte and other lithium battery materials, the demand for lithium-ion battery electrolyte is expected to reach 1 million tons in 2025 , and the market growth space is broad.