Yongtai Technology to invest RMB400 million to build 150,000tpy electrolyte project
2022-02-15 17:56:47 [Print]
Yongtai Technology announced late on February 14 that in order to focus on main business and form a complete electrolyte industrial chain, the company decided to take business transformation at Zhejiang Yongtai Energy, its subsidiary, by building an electrolyte project with an annual production of 150,000t
. The project is expected to be invested with RMB400 million (USD62 . 96 million) with a construction period of about one year . The company has selected Fujian and Inner Mongolia as the saw material supply bases.