May be very few people pay attention, whether it is domestic Nanfu, Deer battery, or foreign Panasonic, Sanyo batteries, their “inner core” are from Hunan, an electrolytic manganese dioxide Enterprise: Xiangtan Electrochemical single plant in the world the largest electrolytic manganese dioxide manufacturing enterprises, the main production of P-type electrolytic manganese dioxide, and mercury-free alkaline manganese electrolytic manganese dioxide, both of which are the main raw material manufacturing disposable batteries.
50-year-old state-owned enterprises to seek listing
Dating back to the last century, 50 years, relying on the rich manganese resources of Xiangtan, Xiangtan Electrochemical Plant (Xiangtan Electrochemical Group’s predecessor) came into being. In 1964, Xiangtan Electrochemical independently developed China’s first domestically produced compaq laptop battery electrolytic manganese dioxide tons, ending reliance on foreign imports of history. In 1997, Xiangtan Electrochemical Group, China has independently developed the first mercury-free alkaline manganese electrolytic manganese dioxide production lines, and the exclusive control of the poor production of electrolytic manganese dioxide manganese “secret” of China’s manganese ore resources to the poor majority, which shows that China has reached the field of electrolytic manganese dioxide, the international advanced level.
In 1997, Xiangtan Electrochemical Group began brewing market, the first step is to set up a joint-stock company. In September 2000, Xiangtan Electrochemical Group, as the main sponsor, the Joint Research Institute of Mining and Metallurgy, Changsha and three other corporate units, set up the electro-chemical Technology Co., Ltd., Xiangtan, Xiangtan Electrochemical Group holds 87.25% of the shares, as Xiangtan Electrochemical Group is the local key state-owned compaq evo n400c battery enterprises, therefore, the controlling shareholder of Xiangtan Electrochemical Xiangtan City is actually the SASAC.
Since then, Xiangtan Electrochemical Group, in succession to its product line into the main power of Xiangtan, Xiangtan Electrochemical currently has five electrolytic manganese dioxide production lines, annual production capacity of more than 40,000 tons. At the same time, there are Hunan Xiangtan Electrochemical into the compaq evo n410c battery company, ZTE thermoelectric, electro-chemical Jingxi three holding subsidiaries. Xiangtan Electric Chemical Group is no longer engaged in the production of specific operations, but rather engaged in investment management, and the exercise of the rights of shareholders.
, Xiangtan Electrochemical listing, Xiangtan Electrochemical Group’s equity and further dilution down to 58.32 percent from 87.25 percent.
Battery raw materials overlord
Xiangtan Electric Delivery in the prospectus said the company is the compaq evo n400 battery world’s largest single-plant production capacity of electrolytic manganese dioxide production enterprises. In 2005, electrolytic manganese dioxide capacity of 42,000 tons, output of 39,000 tons, exports nearly 1.5 million tons, production capacity, output and export volume giant first in the country, in which mercury-free alkaline manganese dioxide electrolytic manganese dioxide in the domestic market share of up to 50% in the international market, also accounting for consumption, a Cheng, a well-deserved “battery raw materials overlord.”
Xiangtan Electrochemical red, chairman of weeks, said compaq evo n410 battery electrolytic manganese dioxide, a very high degree of industry concentration in 2005, the national capacity of 10,000 tons or more are 7, 2 million tons are 4, 3 million tons, only one of Xiangtan Electrochemical .
Xiangtan Electric said that with the electric company owned subsidiary of Jingxi 10,000 tons of annual production of mercury-free alkaline manganese dioxide electrolytic manganese dioxide production lines, as well as to invest in this fund-raising annual output of 20,000 tons of mercury-free alkaline manganese dioxide electrolytic manganese dioxide, technical innovation project put into operation, the compaq evo n600 battery company’s production capacity suddenly increased by 3 million tons of total production capacity to 6 million metric tons, annual output accounts for 60% of the domestic market.
At present, Xiangtan Electrochemical electrolytic manganese dioxide produced by widely used in Duracell, Energizer, South-fu, Panasonic and other well-known battery products.
Mercury-free batteries, “Seeking Gold”
For energy-saving and environmental protection considerations, mercury-free alkaline manganese batteries is the future direction of development of the battery, mercury-free alkaline manganese compaq evo n600c battery market demand maintained over 20% annual compound growth rate. 2006 market for mercury-free alkaline manganese dioxide electrolytic manganese dioxide demand will reach 10 million tons, while production capacity of domestic enterprises in 2006 was only 55,000 tons, with the capacity expansion of some enterprises, in 2007 I made can be up to 80,000 tons still a certain gap.
In contrast, P-type electrolytic manganese dioxide in a saturated market supply and demand. Xiangtan Electrochemical adjustment of the production structure will be part of the P-type electrolytic manganese dioxide production lines transformed into mercury-free alkaline manganese dioxide electrolytic manganese dioxide production lines, the compaq evo n610c battery public fund-raising is through the technological transformation project.
Grasp the “mercury-free” of this opportunity the past few years, Xiangtan Electrochemical great efforts to develop mercury-free alkaline manganese electrolytic manganese dioxide. 2003, 2004, 2005 and January-September 2006, Xiangtan Electrochemical mercury-free alkaline manganese compaq evo n620c battery production of electrolytic manganese dioxide which accounts for the respective proportions of total output reached 59.78%, 75.81%, 72.63% and 79.77%; None mercury-free alkaline manganese dioxide, electrolytic manganese sales accounted for the proportion of company’s main business revenue reached 56.30%, respectively, 73.91%, 79.93% and 79.28%, non-mercury-free alkaline manganese electrolytic manganese dioxide in the company the largest share of business, and year by year rised.
