Producer
TINCI Materials Technology Co., Ltd.
Chinese battery electrolyte and LiPF6 materials company (SZSE: 002360, HQ Guangzhou; ~RMB 15B revenue); China's largest electrolyte supplier by volume and a significant LiPF6 producer. TINCI produces both the LiPF6 salt and the formulated electrolyte (LiPF6 dissolved in organic carbonates: ethylene carbonate, dimethyl carbonate, diethyl carbonate) for Li-ion battery manufacturers. TINCI supplies CATL, BYD, and multiple Chinese and Korean battery makers. As a vertically integrated electrolyte company (producing both the salt and the formulated solution), TINCI captures more value chain margin than pure LiPF6 producers. China's 2021 LiPF6 spot price spike to >$40,000/tonne was partly driven by the rapid growth of companies like TINCI outpacing raw LiPF6 production capacity.
1
Inputs supplied
1
Goods downstream
0
Facilities
0
Stories
What they make
1 input TINCI Materials Technology Co., Ltd. supplies
Click an input to see every good that depends on it, every country that produces it, and every other company in the supply chain.
Where it shows up
Goods downstream
Essential goods that depend on something TINCI Materials Technology Co., Ltd. makes — pick one to see the full supply chain.
What else they do
Business segments
The company's full revenue map — where this supply-chain role fits within their broader business.
Battery Electrolyte
70%LiPF6 Salt & Lithium Chemicals
15%Personal Care & Silicone Materials
10%Organic Carbonate Solvents
5%
Intelligence
What's known
Sourced claims about this company's role in supply chains — chokepoints, concentration, incidents, dual-use connections.
Did you know2024
TINCI Materials (SZSE: 002360) is simultaneously China's largest battery electrolyte supplier and a significant cosmetics ingredient company — producing the silicone emulsifiers that go into Chinese shampoos and conditioners alongside the LiPF6 electrolyte that goes into CATL and BYD batteries. The personal care materials division (amino silicones, silicone surfactants for hair care) and the battery electrolyte division (LiPF6 formulation, organic carbonate solvents) share the same Guangzhou organic chemistry manufacturing infrastructure. The same TINCI laboratory that develops new silicone emulsifier molecules for Chinese cosmetics brands also develops novel electrolyte additives that improve battery performance. Neither the global personal care supply chain nor the EV battery supply chain typically identifies TINCI as operating in both industries simultaneously — TINCI is classified as a battery materials company in most industry databases, invisibilizing its cosmetics business.
TINCI Materials Technology Co., Ltd. ↗Origin2023
TINCI Materials (Guangzhou Tinci Hi-Tech Materials, SZSE: 002360) was founded in 2000 in Guangzhou not as a battery company but as a personal care specialty materials company — producing silicone emulsifiers, amino silicones, and specialty surfactants for Chinese cosmetics manufacturers. TINCI's founding business served the Guangzhou cosmetics industry (one of China's largest beauty product manufacturing clusters). The battery electrolyte business began in the 2010s as founder Liu Xuyi identified electrolyte as a high-growth specialty chemical opportunity requiring similar precision chemistry to personal care materials. TINCI applied its organic chemistry platform — originally developed for personal care emulsifiers — to synthesize and formulate lithium-ion electrolyte. By 2023, the electrolyte business represented approximately 70-75% of revenue, while the original personal care materials business remained active.
TINCI Materials Technology Co., Ltd. ↗