On August 7, 2024, the integrated project with an annual output of 80,000 tons of lithium battery anode material, invested by BTR in Indonesia, held a production commencement ceremony at the Kendal Park in the Central Java Industrial Belt. Indonesian President Joko Widodo, accompanied by five cabinet ministers, personally unveiled the factory and expressed great admiration for the efficient implementation and start-up of the BTR project.
In October 2023, BTR and Singapore's Stellar company jointly invested to build an 80,000-ton annual production base for lithium battery anode materials at the Tsingshan IMIP Park in Central Sulawesi and the Kendal KIP Park in the Central Java Industrial Belt. The first phase of the project invested 478 million USD, and the second phase is expected to invest 299 million USD.
BTR Chairman He Xueqin stated at the ceremony that the completion and operation of the BTR Indonesia project fills the gap in lithium-ion battery anode material production in Indonesia and the entire ASEAN region. After both phases are operational, BTR Indonesia's total anode material capacity will reach 160,000 tons, making Indonesia the world's second-largest producer of anode materials after China. This will effectively promote the improvement of Indonesia's entire new energy and lithium battery industry chain.
BTR New Material Group is a lithium battery material listed company headquartered in Shenzhen, maintaining the world's largest market share in anode materials for 14 consecutive years. It is a core manufacturer and supplier for major global lithium battery manufacturers such as Panasonic, Samsung SDI, CATL, and BYD.
Earlier, on July 3, President Joko Widodo attended the inauguration ceremony of Indonesia's first electric vehicle battery factory, jointly invested by South Korea's Hyundai, LG, and the Indonesia Battery Corporation, with a total investment of 3.1 billion USD. This battery factory is also the first and largest EV battery factory in Southeast Asia. At the end of June 2024, Indonesia's Freeport company invested 3.6 billion USD in the world's largest copper smelter in the East Java Industrial Belt, which began trial operations. In May 2024, BYD announced the construction of a factory in Subang Smartpolitan in the Jakarta-Bandung Industrial Belt, with an investment of 1.3 billion USD on 108 hectares. In January 2024, Hailiang invested 860 million USD in Indonesia, and the project with an annual output of 100,000 tons of high-performance electrolytic copper foil was officially put into operation. All of these developments make Indonesia increasingly prominent in the global new energy battery industry chain.
I believe that in the next 10 years, Indonesia has huge development potential in the new energy battery and automotive industries. I am Wang Zhanggui, who has been in Indonesia for 20 years. Join Indonesia Enterprise Connect to help you efficiently enter the Indonesian market.
On August 7, 2024, the integrated project with an annual output of 80,000 tons of lithium battery anode material, invested by BTR in Indonesia, held a production commencement ceremony at the Kendal Park in the Central Java Industrial Belt. Indonesian President Joko Widodo, accompanied by five cabinet ministers, personally unveiled the factory and expressed great admiration for the efficient implementation and start-up of the BTR project.
In October 2023, BTR and Singapore's Stellar company jointly invested to build an 80,000-ton annual production base for lithium battery anode materials at the Tsingshan IMIP Park in Central Sulawesi and the Kendal KIP Park in the Central Java Industrial Belt. The first phase of the project invested 478 million USD, and the second phase is expected to invest 299 million USD.
BTR Chairman He Xueqin stated at the ceremony that the completion and operation of the BTR Indonesia project fills the gap in lithium-ion battery anode material production in Indonesia and the entire ASEAN region. After both phases are operational, BTR Indonesia's total anode material capacity will reach 160,000 tons, making Indonesia the world's second-largest producer of anode materials after China. This will effectively promote the improvement of Indonesia's entire new energy and lithium battery industry chain.
BTR New Material Group is a lithium battery material listed company headquartered in Shenzhen, maintaining the world's largest market share in anode materials for 14 consecutive years. It is a core manufacturer and supplier for major global lithium battery manufacturers such as Panasonic, Samsung SDI, CATL, and BYD.
Earlier, on July 3, President Joko Widodo attended the inauguration ceremony of Indonesia's first electric vehicle battery factory, jointly invested by South Korea's Hyundai, LG, and the Indonesia Battery Corporation, with a total investment of 3.1 billion USD. This battery factory is also the first and largest EV battery factory in Southeast Asia. At the end of June 2024, Indonesia's Freeport company invested 3.6 billion USD in the world's largest copper smelter in the East Java Industrial Belt, which began trial operations. In May 2024, BYD announced the construction of a factory in Subang Smartpolitan in the Jakarta-Bandung Industrial Belt, with an investment of 1.3 billion USD on 108 hectares. In January 2024, Hailiang invested 860 million USD in Indonesia, and the project with an annual output of 100,000 tons of high-performance electrolytic copper foil was officially put into operation. All of these developments make Indonesia increasingly prominent in the global new energy battery industry chain.
I believe that in the next 10 years, Indonesia has huge development potential in the new energy battery and automotive industries. I am Wang Zhanggui, who has been in Indonesia for 20 years. Join Indonesia Enterprise Connect to help you efficiently enter the Indonesian market.