Category: Alternative Energy
SGL Carbon is negotiating with ChemChina about selling SGL's graphite electrode business. In fact, ChemChina seems very appetitive that it wants to take over the whole group. CCM believes that ChemChina wants much more from SGL than only the graphite electrode business.
The market of alternative energy vehicles exploded in China in Q4 2015 while the construction of charging infrastructures was left far behind the development of alternative energy vehicles. Due the development gap, it is expected that the growth of charging infrastructure constructions would reach 100%-200% with the market size of USD22.9 billion, according to analyst CCM.