Quick Takeaways
- Two major Asian battery ecosystem players have locked in a large-scale, long-term electrolyte supply partnership.
- The deal significantly reshapes Enchem’s revenue outlook while reinforcing CATL’s battery material security.
On March 2025, South Korea-based Enchem Co., Ltd. secured a long-term electrolyte supply agreement with China’s leading battery manufacturer CATL, marking a major milestone in the global battery materials market. The Enchem electrolyte supply deal with CATL covers a total volume of 350,000 tons over five years, spanning from 2026 to 2030, and highlights Enchem’s rapidly expanding role in lithium-ion battery supply chains.
Enchem Electrolyte Supply Deal with CATL Covers 350,000 Tons
Under the agreement, Enchem will supply electrolytes to CATL’s manufacturing operations in China, with average annual deliveries estimated at around 70,000 tons. This represents a substantial increase compared to Enchem’s 2024 supply volume of roughly 50,000 tons per year, underscoring a sharp scale-up in production commitments.
Revenue Impact of the Enchem Electrolyte Supply Deal with CATL
The total contract value is estimated at KRW 1.5 trillion, equivalent to approximately JPY 165 billion over the five-year period. This projected revenue is more than four times Enchem’s reported sales of KRW 365.7 billion in 2024, reflecting the financial significance of the Enchem electrolyte supply deal with CATL for the company’s future growth trajectory.
Strategic Importance for Battery Materials Supply Chains
By securing a high-volume, multi-year supply agreement with CATL, Enchem strengthens its position as a key electrolyte supplier in the lithium-ion battery ecosystem. The scale and duration of the deal indicate growing demand for stable electrolyte sourcing as battery manufacturers expand capacity to support electric vehicle and energy storage applications globally.
Enchem Electrolyte Supply Deal with CATL Covers 350,000 Tons
Under the agreement, Enchem will supply electrolytes to CATL’s manufacturing operations in China, with average annual deliveries estimated at around 70,000 tons. This represents a substantial increase compared to Enchem’s 2024 supply volume of roughly 50,000 tons per year, underscoring a sharp scale-up in production commitments.
Revenue Impact of the Enchem Electrolyte Supply Deal with CATL
The total contract value is estimated at KRW 1.5 trillion, equivalent to approximately JPY 165 billion over the five-year period. This projected revenue is more than four times Enchem’s reported sales of KRW 365.7 billion in 2024, reflecting the financial significance of the Enchem electrolyte supply deal with CATL for the company’s future growth trajectory.
Strategic Importance for Battery Materials Supply Chains
By securing a high-volume, multi-year supply agreement with CATL, Enchem strengthens its position as a key electrolyte supplier in the lithium-ion battery ecosystem. The scale and duration of the deal indicate growing demand for stable electrolyte sourcing as battery manufacturers expand capacity to support electric vehicle and energy storage applications globally.
- The Enchem electrolyte supply deal with CATL also highlights intensifying competition among battery material suppliers, where long-term contracts are increasingly critical to ensuring volume stability, cost efficiency, and supply chain resilience.
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