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WE ARE ACCELERATING THE GREEN TRANSITION

Together with Torsboda Industrial Park, we are establishing a factory for the manufacture of anode material, which is an important component in batteries. It strengthens Västernorrland as a hub for the green transition and creates jobs in the region.

As a global leader in anode material production, PTL has four facilities in Asia via our subsidiary, Zichen. Our establishment in Torsboda Industrial Park will be our first in Europe and the largest anode material factory in Europe, featuring state-of-the-art and environmentally-friendly facilities. Our partnership with the Swedish battery manufacturer, Northvolt, reflects our commitment to sustainability and green job creation in the region.

Investing in a greener tomorrow

PTL is dedicated to driving the ongoing green transition. We chose the location in Timrå, close to Sundsvall and Härnosand, based on our high ambitions and the region's excellent access to green energy, important raw materials and components, and a highly educated workforce. Our collaboration with Northvolt is crucial, as we work together to create a world-class Swedish battery value chain.

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Perspectives on the investment

Here's what representatives from Northvolt, PTL and the government are saying about the green establishment in Västernorrland:

Röster om storsatsningen
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The agreement with PTL demonstrates the region's high ambitions to contribute to the green transition. At the same time, thousands of jobs are created, and we can clearly see in other regions how a large investment is followed by several others, building strong clusters with synergies.

Stefan Dalin,

Chairman of Torsboda Industrial Park AB

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PTL is a leading global manufacturer of anode material, and the establishment in Sweden will not only reduce the total carbon footprint of our batteries but is also likely to attract more actors in the battery ecosystem to establish themselves in the Nordics.

Alexander Streif,

VP of Supply Chain Management at Northvolt

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We are extremely proud to invest in Sweden, a country that has such a strong commitment to sustainable development. The Sundsvall region offers extraordinary conditions with great access to green energy, an ambitious long-term plan for the battery industry, a positive local community, and a geographical location to serve our European customers.

William Chen,

CEO of PTL

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The project in numbers

1,900

JOBS CREATED

100,000 tons

MAXIMUM PRODUCTION AT FULL CAPACITY

SEK 13 billion.

INVESTMENT IN THE FACTORY

100 GWh

BATTERY PRODUCTION MADE POSSIBLE BY THE PROJECT

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Fakta om fabriken

Facts about the factory:

 

  • Production slated for 2025/26

  • Occupies 70 hectares of land

  • Annual production capacity of 50,000 tons (+50,000 tons in phase 2)

  • Comprehensive production process

  • Powered by 100% green energy

Årlig produktion om 50 000 ton (+ 50 000 ton i fas 2)

100% grön energi

Täcker 70 hektar mark

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Heltäckande produktionsprocess

Press conference

PTL presented the project on May 4th, 2023. 

Presskonferens
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