On the evening of November 10th, 2021, the leading flame retardant company Wansheng (603010.SH) announced that it would enter the electrolyte additive industry, and the scale of the proposed project of the subject company will be 95.5 KMT/year. The project will be completed in two phases.
Phase I will have a capacity of 20.5 KMT/year (VC: 5.0 KMT/year; FEC: 5.0 KMT/year; DTD: 1.5 KMT/year; NNP: 7.5 KMT/year; VEC: 0.2 KMT/year; MMDS: 0.2 KMT/year; DENE: 0.2 KMT/year; TMSP: 0.1 KMT/year; TMSB: 0.1 KMT/year; 1,3-PS: 0.5 KMT/year; BOB: 0.2 KMT/year). Phase I will be built between December 2021 to December 2023.
Phase II will expand capacity to reach 95.5 KMT/year. Timing will depend on the market situation after Phase I is put into operation.
Source: Fluorochemicals Industry News