Environmental impact assessments for Wanhua Chemical’s 650,000-ton per year lithium iron phosphate production project in Laizhou, and the second phase of the Green Energy Industrial Park’s 200,000-ton per year lithium iron phosphate production project

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On January 16, 2026, the environmental impact assessment documents for Wanhua Chemical’s 650,000-ton-per-year lithium iron phosphate production project in Laizhou, as well as the second phase of the Green Energy Industrial Park’s 200,000-ton-per-year lithium iron phosphate production project, were made public for review by the Yantai Ecology and Environment Bureau in Shandong Province. Wanhua Chemical’s 650,000-ton-per-year lithium iron phosphate production project in Laizhou. Project name: Wanhua Chemical’s 650,000-ton-per-year lithium iron phosphate production project in Laizhou. Constructor: Wanhua Chemical (Yantai) Battery Industry Co., Ltd. Nature of the project: New construction. Location: Yinhai Chemical Industrial Park, Laizhou City, Yantai Province, Shandong Province. Industry category and code: C3985 – Manufacturing of electronic specialty materials. Land area: 371,647 m2 (557 mu). Construction scope: Build a new battery-grade lithium iron phosphate production facility with an annual capacity of 650,000 tons, along with auxiliary facilities such as circulating water systems, desalination systems, and air separation and compression units; upon completion, the project will have an annual production capacity of 650,000 tons of lithium iron phosphate. On December 4, 2025, at the Shandong Province Conference on Green, Low-Carbon, and High-Quality Development, the government of Laizhou City and Wanhua Chemical Group Co., Ltd. successfully signed an investment agreement for the “Wanhua Laizhou Green Power Industrial Park” project. The agreement in question involves Wanhua Chemical investing in Laizhou to build a project with an annual production capacity of 650,000 tons of lithium iron phosphate. This is an important move by Wanhua Chemical in the field of new materials, and it also serves as a powerful driving force for the industrial development of Laizhou. Once the project is operational, it will provide critical material support for the development of new energy industries such as power batteries and energy storage batteries in Shandong Province. 【Click the link to view the original article → Wanhua Chemical’s 650,000-ton/year lithium iron phosphate project launched in Laizhou】 The name of the project is the second phase of Wanhua Chemical’s Green Energy Industrial Park, which aims to produce 200,000 tons of lithium iron phosphate per year. The developer of this project is Wanhua Chemical (Haiyang) Battery Materials Technology Co., Ltd. It is a new construction project. The total investment amount is 2,510 million yuan, of which 25 million yuan is allocated to environmental protection measures, accounting for 0.996% of the total investment. Construction location: Wanhua Green Power Industrial Park, Haiyang City, Yantai Province, Shandong Province. As the power battery materials that serve as the \"core\" of new energy vehicles and electrochemical energy storage, lithium battery materials will play an extremely important role in the advancement of the new energy vehicle industry. As the best choice for cathode materials in power and energy storage batteries at present, lithium iron phosphate boasts significant advantages: it offers excellent safety performance and cycle life. Coupled with lower production costs resulting from large-scale manufacturing, lithium iron phosphate has become the preferred cathode material for new types of automotive power batteries and energy storage batteries. In this project, lithium iron phosphate is primarily used in automotive battery systems and energy storage systems. It not only stimulates the development of industries upstream and downstream in the battery sector but also helps advance China’s battery manufacturing industry to a new level. In summary, this project can meet market demands and is in line with Wanhua Chemical’s overall development strategy. It is of great significance for improving the company’s industrial chain, expanding its business scale, achieving sustainable development, as well as enhancing the company’s core competitiveness and international competitiveness.