Chinese lithium-ion battery refinery overcomes logistics barriers and starts global alliance

Shenzhen, Guangdong – Taisen Recycling, the maker of Lithium Carbonate, Cobalt, and Nickel, leading of lithium-ion battery recycling, has announced that they are expanding its facilities. That brings Taisen Recycling’s facilities to more than 100 acres, and this means the company will now be able to handle 37,200 Tonnes scrap Li-ion batteries. That brings production capacity to 6,200 tonnes LCE that will enable the company to supply the Lithium-ion battery manufacturers such as Samsung SDI, LG Chem, BYD, Huawei, and many others at the most competitive global prices.

“We have invested in new facilities and battery collection capacity in overseas. These investments will allow Taisen to build a sustainable and eco-friendly lithium-ion battery supply chain in the coming years to carry out our business plan. After the change of the importation laws in 2017 we have changed our logistic strategic point to South Korea to supply companies from overseas. After overcoming the logistic barrier through a Joint Venture in South Korea we now are able to supply new markets in Asia, Europe, Canada, South America and the United States" said Mr. Jayden Goh, Chief Executive Officer.

The new facilities are being equipped with state-of-the-art high-tech types of equipment and software. Taisen in China receives the products and process it with unique methods certified by five patents published in 2018 by Taisen Recycling Company. “We are pleased to offer our customers products made by the most advanced technology related to Lithium-ion batteries available in China,” added Mr. Jayden Goh.

Taisen is involved in Battery Recycling since 2014. It is known for such products as Lithium Carbonate, Cobalt Sulfate, and Nickel Sulfate made at adjustable grades for any model of Li-ion battery. “Taisen Recycling is the choice for recovery of critical raw materials used by the battery industry. What represents the best solution to avoid the environmental impacts of mining. We are definitely on our way to achieve the global Lithium-ion battery market,” added Mr. Yi, Chairman of the Company. The company has recently indicated plans to increase its market share overseas and has started the partnership with companies interested in import battery raw materials and export waste scrap batteries.

About Anhua Taisen Recycling Technology

Founded in 2014, Taisen is the maker of battery raw materials and Lithium-ion battery recycling company of choice. Its recycling service and battery material manufacture are known for the advanced technology and high purity products. The company’s mission is to recycle retired batteries and supply back critical raw materials to the battery industry. Taisen Recycling currently has served the BYD Automotive company in the last eight years since when the company started as battery collector. Another big partner is the Huawei in China. The company employs over 100 people in the greater Hunan area. For more information about Taisen Recycling, visit its website at http://www.tai-sen.cn.

The Joint Venture with NH Recytech, based in Pyeongtaek, South Korea, further increases Taisen’s share in the Lithium-ion market. “The combination of NH Recytech with our production in China will provide our clients with strategic final disposal and treatment for Lithium-ion batteries in South Korea,” said Mr. Yi, president of Taisen Recycling. “This partnership is also expected to result in greater efficiencies and significantly increase our market share,” added Mr. Yi.

“A Joint Venture was formed with Taisen to help NH Recytech broaden its recycling services and strengthen its market share,” commented Mr. Cho Jeong Jo, Chief Executive Officer, NH Recytech. “Our expanded capacity will allow Taisen greater access to the clients from all over the world strategically.”

Taisen will use NH Recytech’s existing infrastructure and land to leverage Recytech’s capacity and provide recycling services and battery materials to its customers. Taisen is in the process of global expansion and investment in new recycling facilities. “The integration of both companies is already signed and will take place over the next three months. Our clients will continue to receive the same high-quality battery raw materials and battery recycling treatment, which they have come to expect,” stated Mr. Yi, Chairman of the company.

The Joint Venture of Anhua Taisen Recycling Technology Co. Ltd and NH Recytech will operate under the name of Dr. LiB - Global Alliance. “We feel strongly that joining forces with NH Recytech will allow us to realize our strategic goals within 3 years,” explained Mr. Jayden Goh.

Under the terms of the agreement, Taisen has agreed to share the partner's infrastructure and invest in its recycling plant. Metal Traders, Government Collection Programs, Battery Manufacturers, Recycling Companies and collectors are all invited to join the Dr. LiB – Global Alliance from 2018.

NH Recytech established in 2012 has big Lithium-ion batteries manufacturers as clients such as LG Chem, Samsung SDI, Mercedes-Benz, and others. Its recycling plant is known for e-waste treatment and refinery of precious/non-ferrous scrap metals.

For more information, please contact:

Nathalie Fraga - Business Associate Director

ANHUA TAISEN RECYCLING TECHNOLOGY CO. LTD.

Factory: 311, Sheng Dao, Anhua Xian, Yiyang Shi, Hunan Sheng, China. Zip code: 413524. Township, Anhua County, Hunan Gaoming Industrial Park.

 

For more information, contact: chai-marketing@tai-sen.cn