Northvolt and PTL (Putailai)
Any post from a random one on the www. But an interesting thought:
An acquaintance worked there. This person says that they bought a lot of equipment from China to make the batteries. Nothing worked well.* Now the Chinese are just waiting to buy the factory to gain a foothold in Europe. Someone is playing chess when the EU plays with a push fia.
*When I read this opinion some time ago for the first time, I thought to myself, with aluminium on my head, that the Chinese machines were not working properly on purpose.
More info:
I thought about what will happen with the difficulties of NV with the PTL now. I couldn't find out anything about their approval process yet. But a new law has been created in Sweden (Swedish FDI Act).
Since December 2023, the Swedish FDI Act, which did not exist when the agreement was signed, has also been in place, and PTL needs to comply with it. On June 13, 2024, PTL announced that it had received notification from ISP that the authority would initiate a formal review. This can take up to six months.
PTL has been working on the basis of a timetable that allows it to start preparatory groundwork in 2024, begin actual construction in 2025 and have the factory fully operational in early 2027. The ISP's decision means that PTL is postponing some processes for a few months, such as preparatory groundwork, but is keeping up the pace in other processes.
Frequently asked questions and answers:
en.torsboda.com
"Chinese billion-dollar deal in Timrå delayed again – audit needs more time
Published: 12 September 2024
The billion-dollar investment in the municipality of Timrå is delayed further. The authority ISP is expanding its audit of the Chinese company PTL's plans for a battery factory with 1,900 employees.
Topics in the article:
Economy, municipal politics, municipal policy, municipal companies
A political storm is raging over the plans of the Chinese company PTL in Torsboda, near Timrå. Now the construction schedule has been postponed again. The Swedish Inspectorate for Strategic Products (ISP) is extending its in-depth security review of the investment and PTL's links to the Chinese state by up to three months. The work must be completed by 12 December at the latest, according to a company press release.
In May 2023, Timrås and Sundsvalls joint venture Torsboda Industrial Park signed an agreement with PTL for an investment in an anode factory – an important component for batteries – for SEK 13 billion.
From the outset, it was hoped that the deal would be finalised in the spring. However, the establishment is burdened with delays and harsh criticism from the opposition in Sundsvall. In June, L, M, KD and SD stopped a SEK 165 million guarantee pledge, with the parties calling for greater transparency in the transaction.
To top it all off, one of the most important customers of the planned factory in Torsboda recently pulled the emergency brake and announced shortcuts.
‘Northvolt is an important customer, but not the only one for the Timrå factory,’ writes PTL spokesman Andreas Hamrin in an SMS to
Sundsvalls Tidning."
Mångmiljardinvesteringen i Timrå kommun försenas ytterligare. Myndigheten ISP förlänger sin granskning av det kinesiska företaget PTL:s planer på en batterifabrik med 1 900 anställda.
www.dagenssamhalle.se
"Hear MP Jörgen Berglund (M) talk about the risks of the new construction in Torsboda - and hear PTL representative Suki Wang's response to claims that Chinese-owned companies could be a security risk. Photo: PTL
MEP on the Chinese factory in Timrå: ‘There are risks’
Updated 12 May 2024
Published 12 May 2024
A year ago, it was announced that the Chinese company PTL will build a factory to produce raw materials for batteries north of Timrå, but the Chinese ownership is problematic according to some analysts.
- ‘It involves risks,’ says MP Jörgen Berglund (M).
At the same time, the factory's alleged minimal environmental impact has now begun to be questioned.
Chinese PTL will produce graphite for electric car batteries in Torsboda. 1,900 jobs have been promised.
At the same time, Säpo considers China to be one of the biggest security threats
toSweden and the Torsboda factory is being questioned from a security point of view, including by MP Jörgen Berglund (M), who sits on the Defence Committee.
- ‘There is a law in China where you as a company or individual citizen are obliged to report and do favours for the Chinese state. This is quite problematic,’ he says.
PTL denies that the company is a security risk.
- ‘The company is privately owned, so it's not a fair question,’ says Suki Wang, Establishment Manager, PTL.
Moving up the ranks
The establishment of Chinese companies in Sweden could be part of an ambition to control future-oriented industries in order to advance the country's positions, according to
commentators such as Patrik Oksanen last autumn.
Timrå's
head of security protection chose to quit last autumn, as ST reported. He was critical of the municipality's way of handling the establishment.
According to PTL, it is the access to what they call green electricity from wind and hydropower that has been crucial to the choice of location. At the same time, local residents wonder how environmentally friendly the factory will actually be.
‘Breathing out pollution’
The former chairman of Timrå's municipal council, Social Democrat Ewa Lindstrand, does not see the emission-free system that she believes has been promised.
- ‘Possibly in the actual production inside, but it has to spew out pollution somewhere and it will,’ she says.
PTL does not deny that the factory will emit pollutants, but responds:
- ‘As an international battery component supplier, we are always working on a sustainable and environmentally friendly solution,’ says Suki Wang, PTL's establishment manager."
För ett år sedan blev det klart att kinesiska företaget PTL ska bygga en fabrik för att tillverka råvara till batterier norr om Timrå, men det kinesiska ägarskapet är problematiskt enligt vissa bedömare. – Det innebär risker, säger riksdagsledamoten Jörgen Berglund (M). Samtidigt har fabrikens...
www.svt.se
"We at PTL are proud to take an active role in Sweden's and the EU's green transition through the establishment of a state-of-the-art anode factory worth SEK 13 billion at Torsboda Industrial Park outside Timrå. The factory will be an important part of further strengthening Sweden's leading position in battery manufacturing by supplying anode materials to players in the Swedish battery value chain. Together, we will create around 1,900 jobs and contribute to the development of the region.
We have chosen the location with great care. Sweden and the region are ideal from several perspectives. It has a well-educated labour force and ambitious investments in green energy. It has leading and state-of-the-art battery projects. There is also a great deal of knowledge and high ambitions in the region, which has contributed to our decision to invest here.
The anode plant, which will start production in 2026, will be the most advanced in the world, with 100 per cent of the raw materials coming from the EU region. We will produce artificial graphite anode, hard carbon for Na-ion batteries and silicon anode, with an annual capacity of 50,000 tonnes in the first phase and another 50,000 tonnes in phase two. To ensure the highest quality, we will have integrated materials research and development and fully automated logistics.
We are committed to offering the highest quality in production while having the lowest CO2 footprint in the world, thanks to low energy consumption and 100% green electricity. We will clean 100% of our emissions and recycle all solid waste.
As a global leading green-tech company founded in 2012 and listed in Shanghai, we are proud to contribute to the green transition in both Sweden and the EU. With over 12,000 employees worldwide and a strong presence in the lithium-ion battery manufacturing industry, we are determined to become the world's leading supplier. Our wholly-owned subsidiary Zichen is the world's second largest producer of anode materials, with a global market share of 11 per cent. Our customers include Samsung, Tesla, LG Chem, TDK, Panasonic and ATL.
Together with representatives of the region, we look forward to making a difference and setting the green transition in motion."
Tillsammans med Torsboda Industrial Park etablerar vi en fabrik för tillverkning av anod-material som är en viktig komponent i batterier. Det stärker Västernorrland som nav för den gröna omställningen och skapar arbetstillfällen i regionen.
www.ptlsverige.se
Interesting order:
Forest felling has been carried out, => environmental permit processes are ongoing.
There are a few ancient monuments. Hilly areas in the northern part. Overgrown pastures with biotope-protected stone walls may possibly be affected in the part that has not yet been planned.
but, it's better than how it is in Serbia. There, they have no environmental permit except for the 2-metre-high wall around the site where the employees live in converted pigsties.
"Following the judgment of the Administrative Court of Appeal on a secret agreement: ‘The investment is threatened’
When the Chinese company PTL presented its industrial plans, Andreas Sjölander (S) from Härnösand, Niklas Säwén (S) from Sundsvall and Stefan Dalin (S) from Timrå were on site at Torsboda Industrial Park.
The municipal company referred to the Chinese confidentiality requirements and classified the business agreement for the large factory investment in Timrå as top secret. Wrong, the Administrative Court of Appeal ruled. Now the project is threatened, according to the company's CEO.
Topics in the article:
Local politics, real estate, municipal companies
Sundsvalls Tidning had appealed the secrecy of the business agreement between the municipal Torsboda industrial park and the Chinese company PTL and is now reporting
on the verdict of the Administrative Court of Appeal.
The 163-page agreement covers land purchases and business arrangements for PTL's huge investment in a battery component factory in the Torsboda industrial park just outside Timrå. The municipal company, jointly owned by Timrå and Sundsvall, has been heavily criticised for trying to classify every single letter of the agreement.
The company referred to the fact that the Chinese authorities and laws impose strict confidentiality requirements during the process in which PTL seeks the state's permission to transfer capital for the investment.
The Chinese company has pointed out to Dagens Samhälle that the confidentiality issue also concerns clauses in the agreement that the parties have jointly agreed upon.
READ MORE: Municipal company classifies agreements as secret – refers to Chinese law
The administrative court of appeal points out in its ruling that the municipal company cannot classify all content as secret. According to the administrative court of appeal, a confidentiality review must be carried out for each piece of information. It is now up to the Torsboda industrial park to carry out a confidentiality review of the content of the agreement.
In submissions to the Administrative Court of Appeal, Torbodabolaget has asserted that PTL's investment would be jeopardised if the agreement were to be disclosed in any part. Following the judgment, the municipal company's CEO, Christian Söderberg, reiterates that
the investment is not at risk of not being realised, according to P4 Västernorrland.
‘If the wrong information leaks out, it could definitely affect the ability and opportunity to carry out the facility at all.
‘It is very important that the entire agreement is kept confidential,’ Christian Söderberg tells P4 Västernorrland.
The chairman of the municipal executive board in Timrå, Stefan Dalin (S), who is also the chairman of the Torsboda industrial park, wants to familiarise himself with the judgment before commenting on the matter, Sundsvalls Tidning writes.
He has previously said that the confidentiality is temporary and that the agreement will be disclosed as soon as the business process allows.
READ MORE: Sweden tightens control of Chinese investment"
Det kommunala bolaget pekade på kinesiska krav på sekretess och hemligstämplade affärsavtalet kring den stora fabrikssatsningen i Timrå totalt. Fel, slår Kammarrätten fast i dom. Nu hotas satsningen, enligt bolagets vd.
www.dagenssamhalle.se
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It is an incredible shame that there are no reindeers there and that nobody cries genocide.)
www.bloomberg.com
