Due to the rapid development of lithium battery market in recent years,Negative electrode materialThe number of enterprises investing in expansion projects has increased, and the newly put into production capacity and expanded capacity of 110000 tons / year since 2019 are gradually being released. According to the survey of Longzhong information, as of Q3 2019, the domestic negative electrode capacity has been 627100 tons / year, and the capacity under construction and planned construction is 695000 tons. Most of the capacity under construction will be implemented in 2020-2021, which will cause overcapacity in the negative electrode material market.

In the third quarter of 2019, a total of two cathode material projects were put into operation in China, namely, the first phase of Inner Mongolia Shanshan Baotou integrated production project of 40000 tons / year and the first phase of Qinneng lithium battery cathode material production project of 10000 tons / year, while other planned projects began to be constructed successively, including Huanyu new material 10000 tons / year, GuiQiang new material 30000 tons / year, and Baojie new energy's first phase of 10000 tons / year cathode material projects. Details are shown in the table below.

Summary of domestic production in the third quarter of 2019

Source: Longzhong information

In 2019, in the downstream market of lithium batteries, the digital market was gradually saturated and the growth rate slowed down. The electric vehicle market was affected by the fading of subsidies and dividends, and the market demand fell. Although the development potential of energy storage lithium batteries was huge, it was still in the stage of market introduction, which was difficult to be used as an industry support, and the development speed of the battery industry slowed down.

At the same time, with the innovation of battery technology, the technical requirements of enterprises are constantly improving, the terminal market is weak, and the pressure of cost reduction and capital are increasing, resulting in the continuous improvement of the threshold of technology and capital, and the lithium battery market has entered a period of adjustment.

With the increasing competitive pressure in the industry, leading enterprises, on the one hand, increase R & D investment and improve product indicators, and on the other hand, they will layout graphitization and other high-cost production links in Inner Mongolia, Sichuan and other places with low electricity charges and preferential policies, so as to reduce production costs, achieve the effect of cost reduction and quality improvement, and improve market competitiveness. As the market competitiveness of small enterprises lacking capital and technology weakens, the possibility of exit increases greatly. It is expected that the market concentration will further concentrate on leading enterprises in the next two years.

Enterprise background

Haidong GuiQiang New Material Co., Ltd

On the morning of August 9, 2019, GuiQiang new materials held a groundbreaking ceremony for the development and production of 30000 tons of anode materials in Haidong Industrial Park. The total investment of the project is about 450million yuan, covering an area of about 55 mu. It mainly constructs the research and production line of cathode materials for lithium-ion batteries with an annual output of 30000 tons, workshops, warehouses and other supporting environmental protection and other auxiliary facilities. The project is constructed in three phases. After all the projects are put into operation, it is expected to achieve a total annual sales revenue of 774million yuan and a total annual profit of 137million yuan.

Haidong GuiQiang new materials Co., Ltd. has a registered capital of 50million yuan, and was once known as Haidong GuiQiang Silicon Technology Co., Ltd. in December 2017, Pingdingshan Yicheng new materials Co., Ltd., a holding subsidiary of Shenma Group, injected capital into it, holding 55%. The business units of Yicheng new materials include silicon carbide smelting, processing and manufacturing; Processing, sales, inspection and testing of non-metallic ultra-fine powder. The business scope of GuiQiang new materials includes the processing and sales of black silicon carbide, green silicon carbide, abrasives, abrasive tools and silicon powder; Research, development, production and sales of soft carbon, hard carbon, silicon, silicon carbon, graphite, carbon products and non-metallic materials of lithium-ion battery cathode;

Baoji Qinneng lithium battery new material Co., Ltd

Baoji Qinneng lithium battery new materials Co., Ltd. was established in November 2016, and its business scope is the processing, production and sales of lithium-ion battery cathode materials and high-purity isostatic pressing graphite;

On August 14, 2019, Baoji Qinneng lithium battery new materials invested in the construction of a 30000 ton annual output of cathode materials project. The first phase of the project has 16 graphitization furnaces officially powered and put into trial operation. It is expected that the annual production capacity of cathode materials will reach 10000 tons.

Bayannur Huanyu new materials Co., Ltd

Bayannur Huanyu new materials Co., Ltd. was established on December 20, 2017 with a registered capital of 5million. Business scope: manufacturing and sales of graphite and carbon products; Sales of photovoltaic equipment and components, non-metal and products, mineral products, building materials and chemical products (excluding hazardous chemicals).

In May 2019, the civil engineering construction of the project with an annual output of 20000 tons of ultra-high power graphite electrode and 10000 tons of lithium ion cathode materials began.

Wuhai Baojie new energy materials Co., Ltd

Wuhai Baojie new energy materials Co., Ltd. is a joint venture company jointly invested and established by Baowu Carbon Materials Technology Co., Ltd., JFE Chemical Co., Ltd. and Tianhe carbonization Co., Ltd. and controlled by Baowu carbon materials. The company was established on August 28, 2019 with a registered capital of 260million yuan. The company has planned a 30000 T / a artificial graphite cathode material production project, and the construction of the production plant of the 10000 t / a phase I project began on September 20, 2019 in QIANLISHAN Industrial Park, Haibowan District, Wuhai City, Inner Mongolia. The total construction period of the project is 387 days.

Needle coke is the main raw material for the production of artificial graphite cathode materials. Baowu carbon material has a needle coke production capacity of 100000 tons / year, and its holding Wuhai Baohua WanChen Coal Chemical Co., Ltd. is under construction with a needle coke production capacity of 50000 tons / year. The establishment of Baojie new energy has improved its carbon material industry chain. With the advantages of raw materials and the introduction of JFE production technology, Baowu carbon material will become one of the most competitive enterprises in the cathode industry.

Inner Mongolia Shanshan Technology Co., Ltd

Shanshan technology, together with beiteri and Zichen, belongs to the first echelon of the negative electrode material industry and is one of the major domestic manufacturers of artificial graphite negative electrode materials in 2018. At present, six branches have been built in Shanghai, Ningbo and other places. After the completion of the Baotou integrated base, its production capacity will be greater than the sum of the other five branches. According to the plan, the first phase of Baotou integrated production base will achieve a production capacity of 40000 tons by the end of this year, and will reach the production capacity of 100000 tons by the end of next year, so as to further increase market competitiveness.


Article source:Battery China