40,000tpy wasted lithium battery and material manufacturing project settles in Huaibei
2023-03-13 11:33:34 [Print]
A ceremony was held in Huaibei, Anhui on March 13th for Phylion New Material Technology (Chuzhou) Co., Ltd. and Suzhou Botree Cycling Sci & Tech Co., Ltd. to sign agreements on a 40,000tpy wasted lithium battery and material manufacturing project.
Located in Huaibei High-Tech District, the project will have a total investment of RMB1.016 billion (USD147.82 million). Its phase one project, with a total investment of RMB350 million (USD50.92 million), could achieve annual sales revenues of RMB550 million (USD80.07 million) and annual taxes of RMB20 million (USD2.91 million) after realizing full production.
Located in Huaibei High-Tech District, the project will have a total investment of RMB1.016 billion (USD147.82 million). Its phase one project, with a total investment of RMB350 million (USD50.92 million), could achieve annual sales revenues of RMB550 million (USD80.07 million) and annual taxes of RMB20 million (USD2.91 million) after realizing full production.
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