What Novolyte does

Novolyte is a manufacturer of specialty electrolyte chemicals serving lithium-ion battery, supercapacitor, capacitor, and semiconductor end-markets. The company operates as a regional production entity within the Capchem group (Shenzhen Capchem Technology Co., Ltd., Shenzhen Stock Exchange: 300037), with two principal operating subsidiaries: Novolyte Battery Materials (Suzhou) Co., Ltd. — acquired from BASF in September 2017 and producing battery and supercapacitor electrolytes at Suzhou Industrial Park — and Novolyte Technology Sdn. Bhd., established in Malaysia in early 2025 to serve Southeast Asian customers. As of 2024, the broader Capchem network operates nine production bases globally with combined battery-chemicals capacity exceeding 300,000 tons per year, supplemented by 25 wholly owned or majority-controlled subsidiaries across Asia, Europe, and North America.

Novolyte's product portfolio is organized into three categories. Battery Chemicals cover electrolytes for secondary lithium-ion batteries (used in EVs, energy storage, 3C electronics, power tools, and electric light vehicles), electrolytes for primary lithium batteries (medical devices, portable electronics), electric double-layer capacitor (supercapacitor) electrolytes, emerging chemistries including sodium-ion and solid-state electrolytes, plus proprietary lithium salts, high-purity solvents, and functional additives. Capacitor Chemicals comprise aluminum-foil formation chemicals, liquid capacitor electrolytes, solid-state capacitor materials, MLPC/tantalum capacitor inputs, and capacitor sealing components. Semiconductor Chemicals include etchants, strippers, high-purity reagents, coolants/cleaners, polyimides, and precursor chemicals used in wafer and display-panel processing. The technology base is anchored by more than 1,200 patent applications and 30+ R&D platforms at the Capchem level, with proprietary additives and formulation know-how as the principal differentiator versus commodity electrolyte suppliers.

Commercial operations follow a direct B2B specialty-chemicals model with enterprise field sales targeting global Tier-1 lithium-ion battery manufacturers; pricing is not publicly disclosed and the company operates a Request Quote system. Confirmed named customers include Samsung SDI and LG Energy Solution, both of which awarded Capchem Best Partner status for 2024 (Capchem was the only electrolyte supplier in LGES's raw material chain to receive the award). Capchem Poland has signed a EUR 1.1 billion long-term supply contract with a German customer covering 2025–2034, illustrating the multi-year, single-anchor contract structures common in this market. End-applications span EV power batteries, grid-scale energy storage, consumer electronics, smart-grid systems, and semiconductor/display manufacturing.

Name

Novolyte

Legal name

Novolyte Technology Sdn. Bhd.

Website

https://novolyte.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

101–250 employees

Short description

Novolyte, a subsidiary of Shenzhen Capchem Technology (Capchem), manufactures specialty electrolyte materials — lithium-ion battery, supercapacitor, capacitor, and semiconductor chemicals — serving global battery and electronics OEMs from facilities in China and Malaysia and via Capchem in Poland and the United States.

Ownership category

akta.pro rank

Product category

Specialty Chemicals (Battery Electrolytes)

NAICS

Battery Manufacturing (33591)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Electrolytes & Additives Manufacturing (Liquid, Gel, Solid-State) (EUAFABAD)

akta.pro secondary industries

Battery & Energy Storage High-Purity Chemicals (Electrolyte salts/solvents, additives) (IMAEAKAM), Solid-State Battery Materials & Cell Manufacturing (EUAFABAH)

Keywords

• Lithium-ion battery electrolytes
• Specialty electronic chemicals
• Battery electrolyte materials
• Capacitor chemicals manufacturing
• Semiconductor wet chemicals

Headquarters

HQ city

Suzhou

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. Battery Chemicals Sales: Novolyte generates revenue through the manufacture and sale of specialty electrolyte materials including lithium-ion battery electrolytes, supercapacitor electrolytes, and related materials to manufacturers in the electric vehicle, consumer electronics, and energy storage industries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Novolyte manufactures and supplies specialty electrolyte materials for the lithium-ion battery industry, with a primary product line of battery electrolytes (electronic chemicals and functional materials). The portfolio additionally encompasses capacitor chemicals and semiconductor chemicals, sold to cell makers and electronics manufacturers under a B2B specialty chemicals model.

Product overview

Novolyte is a manufacturer and supplier of electronic chemicals and functional materials, primarily serving the lithium-ion battery market. The company's product portfolio is organized into three core product categories: Battery Chemicals (electrolytes for secondary and primary lithium-ion batteries, supercapacitor electrolytes, emerging electrolytes including solid-state and sodium-ion battery solutions, lithium salts, solvents, and additives), Capacitor Chemicals (aluminum foil chemicals, liquid capacitive electrolytes, solid-state capacitor chemicals, MLPC and Tantalum capacitor chemicals, and sealing materials), and Semiconductor Chemicals (high purity chemicals, coolants/cleaners, precursor chemicals, polyimide chemicals, etchants, and strippers). These products serve applications in new energy vehicles, consumer electronics, energy storage systems, digital infrastructure, industrial manufacturing, and display panels. Novolyte operates as a subsidiary of Capchem (Shenzhen Capchem Technology Co., Ltd., Stock Code: 300037) and has production facilities in Malaysia and China.

Differentiator

Problem solved

Functional benefit

Products and services

• Battery Electrolytes (Battery Chemicals)
• Capacitor Chemicals
• Semiconductor Chemicals

Quantifiable outcome

• First plant among Chinese electrolyte manufacturers to achieve order delivery in Southeast Asia
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Invest Kedah Bhd.coreStrategic or Co-development Partner · 14 April 2025Strategic partnership between Novolyte Technology Sdn. Bhd. and Invest Kedah Bhd., a state-owned corporation under the Malaysian Government. The MOU supports Capchem's establishment of an electronic chemical manufacturing facility in Kedah, Malaysia, with Invest Kedah providing firm support for the project's implementation. The partnership aims to improve regional industrial layout and provide Southeast Asian customers with efficient products and services.
• Capchem Korea Co., Ltd.coreOthersSubsidiary of Shenzhen Capchem Technology Co., Ltd. established in March 2025 to integrate into the local industrial chain ecosystem in South Korea, focusing on lithium batteries, organic fluorine, and capacitor chemicals markets with influence across East Asia.

Scale indicators6 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Tianjin Jinniu Power Sources Material Co., Ltd. Chinese specialty chemicals producer focused on battery electrolyte materials and lithium salts. Directly comparable to Novolyte as a domestic Chinese competitor serving battery OEMs with overlapping electrolyte product lines.
• Kanto Denka Kogyo Co., Ltd. Japanese specialty chemicals manufacturer producing lithium hexafluorophosphate and other electrolyte salts. Comparable to Novolyte as an upstream electrolyte materials supplier with overlap in lithium salt supply chains.
• Central Glass Co., Ltd. Japanese manufacturer of lithium hexafluorophosphate (LiPF6) electrolyte salt, a key input for lithium-ion battery electrolytes. Directly comparable to Novolyte's lithium salts and electrolyte components business serving global battery manufacturers.
• Soulbrain Co., Ltd. Korean specialty chemicals company specializing in battery electrolytes and electronic materials. Comparable to Novolyte as a direct electrolyte supplier serving major Asian battery manufacturers with overlapping customer base in Samsung SDI and LG Energy Solution.
• Guangzhou Tinci Materials Technology Co., Ltd. Largest Chinese lithium-ion battery electrolyte manufacturer and Novolyte/Capchem's most direct competitor. Both companies supply electrolytes, lithium salts, solvents, and additives to overlapping global battery OEM customers with similar production scale and product portfolios.

Emerging players

• Stella Chemifa Corporation: Japanese specialty chemical company focused on high-purity hydrofluoric acid and battery-grade fluoride materials used in electrolyte production. Comparable to Novolyte's high-purity solvents and additives business serving battery material supply chains.

Broad incumbents

• UBE Corporation: Japanese specialty chemicals company with a notable battery electrolyte business, including LiPF6 salt manufacturing. Comparable to Novolyte as an incumbent electrolyte producer serving automotive and industrial battery customers, though UBE's portfolio is much broader.
• Mitsubishi Chemical Group Corporation: Large Japanese diversified chemicals conglomerate with significant battery electrolyte and lithium-ion materials operations. Competes with Novolyte as a broad incumbent offering electrolytes as part of a much wider specialty chemicals portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/novolyte

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Novolyte