Suzhou Cheerchem Advanced Materials Co. Ltd.

Suzhou Cheerchem Advanced Materials Co. Ltd. is a high-tech enterprise that specialized in R&D, production and sales for Li-ion battery materials, organic optoelectronic materials and functional silicone materials. The company is located in Changshu city of Jiangsu province, a historical and cultural city which has rich cultural heritage and beautiful sceneries, with superior geographical location and convenient transportation. Changshu Advanced Material Industrial Park, where our company is located in, gathers a large number of international famous enterprises for new chemical material, with necessary ancillary utilities and advantages in terms of talent and resources. The company covers an area of 16,000m2, with 1,000m2 area for modern R&D, quality inspection laboratory and pilot workshop, and 3,700m2 area for producing plant. The company is equipped with advanced production facilities and analysis instruments, all of which has laid a solid foundation for company development on a basis of high standard. The company has obtained 7 patents and got the certifications of ISO 9001, ISO 14001 and ISO 45001. The company has been recognized as Jiangsu science and technology enterprises, Jiangsu high-tech enterprise, Jiangsu Automotive Lithium Battery Electrolyte Additive Engineering Technology Research Center and Jiangsu Graduate Workstation. The product VEC and Spherical Silicone Resin are rated as Jiangsu high-tech products. The green manufacturing process and application research of VEC is included in the "Jiangsu Industrial Foresight and Generic Key Technology Research Project". Suzhou Cheerchem Advanced Materials Co. Ltd. adheres to the core value of "Morality, Honesty, Dedication, Devotion, Lean and Innovation" with business philosophy of safety and environment-friendly first, and leading industry technology. To enhance value for customers, seek benefits for employees, make profits for shareholders, create benefits for society a

Lithium companies boost investment globally

Chinese lithium companies are investing big to expand their global footprint in a race to secure material supplies for the production of new energy vehicle batteries. Ganfeng Lithium Co, located in Jiangxi province, announced in June to acquire a 50 percent stake in SPV Co in the Netherlands, whose subsidiary Lithium du Mali SA owns a spodumene project, namely Goulamina, in Mali, Africa. The company also signed a memorandum of understanding in May with Jujuy province in Argentina on building a lithium battery factory. In the same month, a Ganfeng's subsidiary in Shanghai announced to buy the London-listed mining company Bacanora Lithium for no more than 190 million pounds ($254 million). Bacanora Lithium's major asset is a lithium clay project called Sonora in Mexico. It is among the world's largest lithium projects with an estimated reserve of 8.82 million metric tons of lithium carbonate equivalents. In March, Ganfeng Lithium and its subsidiary in Qinghai province announced the acquisition of Ili Hongda, an investment and consulting company located in the Xin

Stellantis to partner with Samsung SDI on second EV battery plant for North America

For the second time in a week, Stellantis has announced plans to produce electric vehicle batteries for its North American assembly plants in a joint venture with a South Korean company. This time, the company is Samsung SDI, according to a news release early Friday. That followed a similar announcement Monday with LG Energy Solution. The automaker, which counts Jeep, Ram, Chrysler and Dodge among its brands, said it's reviewing the location of the future lithium-ion battery plant, just as it did with its LG announcement. Production is targeted for 2025; the LG plant is supposed to start production in 2024. The two announcements in such a short period highlight the rapid push in the a

Business Club: Market Analysis of Organic Silicon DMC (01.05-01.09)

Business News January 9th 1. Price trend According to data from the business agency's bulk list, the domestic market price of silicone DMC remained stable this week, with an average price of 16,960 yuan/ton, a year-on-year decrease of 2.02%. 2. Market analysis Products: The overall operating rate of the silicone DMC industry is about 80%, and the manufacturers have smooth delivery. Inner Mongolia Hengyecheng organosilicon monomer plant started up normally, with an annual production capacity of 250,000 tons, and normal delivery. The price is around 16,900 yuan/ton. Industry chain: The downstream market demand for silicone rubber and silicone oil is normal, and the silicone monomer manufacturers sell their goods smoothly. Industry: Towards the end of the year, the overall performance of the organic silicon market was weakly consolidating, the market price began to loosen, and the actual market transaction price was around 16,900 yuan/ton. Three, market outlook forecast Wang Tengjiao, an analyst at the Chemical Industry Branch of the Business Society, predicts that the price of silicone DMC will be adjusted horizontally in the near future. Related listed companies: Dongyue Group (00189.HK), Xin'an Stock (600596.SH), Hongda New Materials (002211.SZ). The contact information of the silicone DMC analyst of the Business Club, Tel: 0531-82318076, QQ: 1784680408. (Source: Business Club, Author: Wang Tengjiao)

On January 12, the silicone DMC commodity index was 86.75

Business News, January 13 On January 12, the silicone DMC commodity index was 86.75, a decrease of 0.67 points from yesterday, a decrease of 13.25% from the highest point in the cycle of 100.00 points (2011-09-15), and an increase from the lowest point of 82.47 points on October 10, 2012 That`s 5.19%. (Note: Period refers to 2011-09-01 to present)

On January 12, the DMC price index of metallic silicon and organic silicon was 105.15

Business News, January 12 On January 12, the DMC commodity price index of silicon metal and silicone was 105.15, an increase of 0.8 points from yesterday, a record high in the cycle, and an increase of 32.41% from the lowest point of 79.41 points on November 04, 2012. (Note: Period refers to 2012-01-01 to present)