Sunstone breaks ground on 1Mtpy carbon material project in Hubei
2023-02-28 15:55:34 [Print]
On February 25, Hubei Sunstone Carbon Materials Co., Ltd. held the groundbreaking ceremony for its new-type carbon material project with production capacity of 1 million tonnes per year at Yaojiagang Chemical Industry Park, Yichang, Hubei.
The project, invested by Sunstone Development and Wuhan Chosen, will start the phase one with estimated investment of RMB2.05 billion (USD295 million), which mainly produces calcined petroleum coke, the raw material for prebaked anode, anode material for lithium battery and key auxiliary materials. The phase one is expected to achieve annual production value of RMB6 billion (USD865 million) after reaching full capacity. The second phase of the project will produce 100,000tpy of auxiliary material used for lithium battery, and the third phase will build a 10Mt petroleum coke futures delivery warehouse.
The project, invested by Sunstone Development and Wuhan Chosen, will start the phase one with estimated investment of RMB2.05 billion (USD295 million), which mainly produces calcined petroleum coke, the raw material for prebaked anode, anode material for lithium battery and key auxiliary materials. The phase one is expected to achieve annual production value of RMB6 billion (USD865 million) after reaching full capacity. The second phase of the project will produce 100,000tpy of auxiliary material used for lithium battery, and the third phase will build a 10Mt petroleum coke futures delivery warehouse.
Prebaked Anode S 3%max FOB China
Unit:USD/mt
China non-commercial prebaked anode producers' sales volume statistics by province by month
Unit: mt
