Business news

MINSK, 29 August (BelTA) – A supercapacitor R&D and manufacturing center has been opened in the China-Belarus industrial park Great Stone, BelTA has learned.

The project is being implemented by OOO Chengdu Xinzhu Silk Road Development, one of the first companies to find residence in the China-Belarus industrial park Great Stone. The construction of the supercapacitor factory began in 2016. The factory is now operational. The factory will assemble, make, and test supercapacitors in addition to providing aftersales service and installing them on vehicles.

The ceremony to inaugurate the supercapacitor factory took place in the China-Belarus industrial park Great Stone on 29 August. Belarusian Deputy Economy Minister Dmitry Matusevich said: “It is the first research and manufacturing project in the industrial park. The products will be used in Belarus and exported later on.” Plans have been made to export supercapacitors to Russia, Ukraine, other Eurasian Economic Union and European states.

Dmitry Matusevich noted that the entire world is switching to green technologies and green transportation. “The factory’s operation paves way to the development of this effort. The supercapacitors to be made here can be used in the future by Belkommunmash or MAZ to make products for export. The Industry Ministry is looking into export options,” he added.

The supercapacitors will boast reduced charging time and energy-saving parameters. It will take only six minutes to charge a supercapacitor while the vehicle the supercapacitor powers will be able to travel for over 30km. As many as 20 electric buses using supercapacitors made by OOO Chengdu Xinzhu Silk Road Development have been in use in Minsk since December 2016.

“The first stage of the project is being commissioned now. There are plans to make about 1 million components for various models and 300 sets of integrated circuit modules for various systems per annum. The output may reach $30 million per annum in monetary terms,” said Chairman of the Board of Chengdu Xinzhu Silk Road Development Company Xiao Guanghui.

OOO Chengdu Xinzhu Silk Road Development was established by OOO Chengdu Xinzhu Investment Company, which is a daughter enterprise of Xinzhu Company, China’s top manufacturer of urban vehicles and construction equipment with the charter capital of ¥6.5 billion.