Fangda Carbon New Material

Name

Fangda Carbon New Material

Legal name

方大炭素新材料科技股份有限公司

Website

https://fdtsgs.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Fangda Carbon New Material (SSE: 600516) is the world's largest single graphite electrode producer, manufacturing carbon and graphite products — including electrodes, carbon bricks, special graphite, and lithium battery anode materials — for industrial B2B customers in metallurgy, new energy, chemical, machinery, and medical sectors across China and 60+ countries.

Ownership category

akta.pro rank

Product category

Industrial Carbon and Graphite Materials Manufacturing

NAICS

Carbon and Graphite Product Manufacturing (335991)

akta.pro industry

PRIMARYIMAEAFAO

Functional Carbon Fillers (Carbon Black, Graphite)

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Industrial Minerals & Functional Fillers

SECONDARYEUAFABAC

Anode Materials Manufacturing (Graphite, Silicon, LTO)

Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Battery Materials, Cells & Packs Manufacturing

SECONDARYEUALAKAK

Specialty Carbon & Pitch Products (Petroleum Pitch, Carbon Binders for Anodes)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Asphalt, Bitumen & Specialty Products

SECONDARYIMAKAFAE

Synthetic Graphite Feedstocks (Petroleum Needle Coke & Pitch)

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

Keywords

• Graphite electrodes
• Carbon bricks
• Specialty graphite
• Lithium battery anode materials
• Carbon felt products

Headquarters

HQ city

Lanzhou

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Carbon Products Manufacturing and Sales: Manufacturing and selling of carbon products including graphite electrodes, carbon bricks, special graphite, and carbon new materials to industrial customers globally. Main products include graphite electrodes (22万吨), carbon bricks (3万吨), carbon new materials (1万吨), coal-based needle coke (6万吨), low sulfur calcined petroleum coke (14.4万吨), and coal tar pitch (15万吨).

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Fangda Carbon New Material manufactures and sells graphite electrodes (ordinary, high-power, and ultra-high-power), carbon bricks, cathode carbon blocks, specialty graphite products, carbon felt, and lithium battery anode materials for industrial customers worldwide. The company's products serve electric arc furnace steelmaking, aluminum smelting, fluorine chemical production, lithium-ion battery manufacturing, aerospace, and biomedical industries. It is the world's largest single-site graphite electrode producer and operates an integrated industrial chain from raw material calcining to finished electrode machining.

Product overview

Fangda Carbon New Material Co., Ltd. is a leading global carbon products manufacturer offering a comprehensive portfolio organized into four main product series: Electrode Class (including Ordinary Power, High Power, and Ultra High Power Graphite Electrodes), Carbon Bricks (including Low Ash Carbon Bricks, Cathode Carbon Blocks, and Aluminum Cathode Paste), Special Graphite (including Isotropic Graphite, Ultra-fine Graphite Powder, Carbon Felt variants, and Fluorine Production Carbon Plates), and Carbon New Materials (including Lithium Battery Graphite Negative Electrode Materials, Electric Heating Film, and Artificial Heart Valves). The company has production capacity of 230,000 tons of carbon products annually, including 190,000 tons of graphite electrodes, 30,000 tons of carbon bricks, and 10,000 tons of new carbon materials. Products are sold across 30+ provinces in China and exported to 60+ countries worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• FDF Series: Fangda Carbon FDF Series Lithium Ion Battery Negative Electrode Materials - product line including FDF-302, FDF-128, FDF-518, FDF-816, FDF-819, FDF-320 specifications for various battery applications

Products and services

• Ordinary Power Graphite Electrode Standard-power graphite electrode sold to steel mills and metallurgical enterprises for use in electric arc furnaces and similar metallurgical processes.
• High Power Graphite Electrode High-power graphite electrode for steel mills and metallurgical customers requiring higher current loads and improved consumption rates.
• Ultra High Power Graphite Electrode Ultra-high-power graphite electrode, including large-diameter variants, sold to steel mills and metallurgical customers for high-efficiency electric arc furnace operations.
• Low Ash Carbon Brick Low-ash carbon brick sold to steel mills and metallurgical enterprises as refractory lining material for blast furnaces and high-temperature equipment.
• Ordinary Cathode Carbon Block Cathode carbon block supplied to aluminum smelters for use in aluminum electrolysis cells.
• Aluminum Cathode Paste Aluminum cathode paste sold to aluminum smelters for the construction and maintenance of electrolysis cells.
• Isotropic Graphite Isotropic graphite sold to semiconductor, aerospace, and precision-machining customers for high-purity, dimensionally stable components.
• Ultra-fine Graphite Powder Ultra-fine graphite powder supplied to battery, lubrication, and specialty materials manufacturers.
• Spectral Carbon Rod Spectral carbon rod sold to laboratories and analytical instrument users for spectroscopic analysis applications.
• Solid Carbon Felt Solid carbon felt supplied as high-temperature thermal insulation for industrial furnaces and vacuum equipment.
• High Temperature Carbon Felt High-temperature carbon felt used by industrial furnace operators and vacuum furnace manufacturers for thermal insulation.
• Flat Carbon Felt Flat-format carbon felt sold for industrial furnace insulation applications.
• Cylindrical / Cured Carbon Felt Cylindrical and cured carbon felt supplied in shaped form for industrial high-temperature insulation requirements.
• Fluorine Production Carbon Plate Carbon plate supplied to fluorine chemical producers as electrode material in electrolysis cells.
• Lithium Battery Graphite Negative Electrode Materials (FDF series) FDF-series graphite anode materials supplied to lithium-ion battery cell manufacturers for use in electric vehicle and energy storage batteries.
• Electric Heating Film Carbon-based electric heating film sold for residential, commercial, and industrial heating applications.
• Artificial Heart Valve (Biomedical Carbon Component) Pyrolytic carbon artificial heart valves supplied to medical device manufacturers and hospitals for cardiac implant applications.
• Magnesium Electrolysis Graphite Anode Graphite anode supplied to magnesium producers for use in magnesium electrolysis cells.

Quantifiable outcome

• 50+ new products/technologies passed national and provincial evaluations
• +1 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core.

• 泸州老窖集团 (Luzhou Laojiao Group)coreStrategic or Co-development Partner · 20 April 2026Strategic cooperation agreement signed between Fangda Group and Luzhou Laojiao Group for potential synergies in their respective business areas.
• 天津通达焕誉物流有限公司 (Tianjin Tongda HuanYu Logistics Co., Ltd.)coreStrategic or Co-development Partner · 9 February 2026100% equity acquisition completed for 319 million yuan. Tongda HuanYu is a logistics company that became a wholly-owned subsidiary of Fangda Carbon.
• 鞍山市人民政府 (Anshan Municipal People's Government)coreStrategic or Co-development Partner · 23 February 2025Strategic cooperation agreement signed between Liaoning Fangda Group and Anshan Municipal Government.
• 华为技术有限公司 (Huawei Technologies)coreStrategic or Co-development Partner · 23 February 2025Strategic cooperation framework agreement signed between HNA Aviation (part of Fangda Group) and CITIC Financial Leasing. Additionally, HNA Aviation and Fangda Special Steel signed strategic agreements with Huawei.
• 力拓集团 (Rio Tinto Group)coreStrategic or Co-development Partner · 23 February 2025Meeting between Liaoning Fangda Group Chairman Fang Wei and Rio Tinto Chief Commercial Officer Bater Er to explore potential business cooperation.
• 中国旅游集团 (China Tourism Group)coreStrategic or Co-development Partner · 22 November 2024Strategic cooperation agreement signed between Liaoning Fangda Group and China Tourism Group.
• 清华大学 (Tsinghua University)coreStrategic or Co-development PartnerLong-term cooperative relationship for research on graphite negative electrode materials.
• 湖南大学 (Hunan University)coreStrategic or Co-development PartnerLong-term cooperative relationship for research on graphite negative electrode materials.
• 兰州大学 (Lanzhou University)coreStrategic or Co-development PartnerLong-term cooperative relationship for research on graphite negative electrode materials.
• 兰州理工大学 (Lanzhou University of Technology)coreStrategic or Co-development PartnerLong-term cooperative relationship for research on graphite negative electrode materials.
• 中科院兰州化物所 (Lanzhou Institute of Chemical Physics, CAS)coreStrategic or Co-development PartnerLong-term cooperative relationship for research on graphite negative electrode materials.
• 河南电池研究院 (Henan Battery Research Institute)coreStrategic or Co-development PartnerLong-term cooperative relationship for research on graphite negative electrode materials.
• 辽宁方大集团实业有限公司 (Liaoning Fangda Group)coreOthersParent company controlling Fangda Carbon (stock code SH600516). Fangda Group is a large enterprise group with assets near 500 billion yuan, revenue exceeding 300 billion yuan, operating in carbon, steel, pharmaceutical, commercial, and aviation sectors.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SGL Carbon: German-based manufacturer of specialty graphite, carbon fibers, and graphite products used in metallurgy, batteries, and industrial applications. Overlaps with Fangda's special graphite and carbon new materials lines.
• HEG Limited: India's largest graphite electrode manufacturer, integrated with captive needle coke production. Direct peer to Fangda in UHP electrodes and the same vertical integration model.
• Resonac (formerly Showa Denko): Japanese chemical and specialty materials company with a significant carbon/graphite electrode business and battery materials portfolio. Direct competitor in UHP electrodes and a reference point for Fangda's specialty carbon expansion.
• Nippon Carbon: Japanese producer of graphite electrodes, carbon fibers, and specialty carbon products. Overlaps with Fangda across electrodes, special graphite, and high-temperature carbon materials.
• GrafTech International: U.S.-headquartered manufacturer of graphite electrodes, primarily serving EAF steelmakers. Closest large-cap Western peer to Fangda's core electrode business, competing in UHP and HP grades globally.
• Tokai Carbon: Major Japanese producer of graphite electrodes, specialty carbon blacks, and fine carbons. Competes with Fangda in graphite electrodes for EAF steelmaking and in specialty carbon products.

Broad incumbents

• POSCO Future M: Korean materials subsidiary of POSCO producing anode materials, cathode materials, and other battery components. Comparable to Fangda's battery materials initiative from a large incumbent's perspective.

Emerging players

• BTR New Material Group: China's largest battery anode materials producer, including natural and artificial graphite anodes. Direct competitor to Fangda's FDF series anode business, with significantly larger scale and tier-1 battery cell qualifications.
• Putailai (Shanghai Putailai New Energy Technology): Major Chinese battery anode materials supplier with integrated needle coke production. Competes with Fangda's planned 50,000-ton anode expansion and has stronger existing customer relationships with cell makers.

Regional players

• Jilin Carbon: Chinese graphite electrode producer historically focused on HP and UHP grades. Comparable to Fangda within the Chinese domestic market, although smaller in scale and less diversified.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fangda-carbon-new-material-co-ltd-

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries9 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fangda Carbon New Material