# Dingsheng New Materials lands $350M battery aluminum foil order from LG Energy Solution

Hangzhou Five Star Aluminum, a subsidiary of Dingsheng New Materials, will supply LG Energy Solution and its three China units with 61,000 tons of battery aluminum foil over four years. The order is valued at about CNY 2.4 billion (USD 350 million).

- Type: Contract
- Announced: 2023-02-01
- Where: Zhenjiang, Jiangsu province, China
- Value: $350.0M (2.40B CNY)
- Status: announced
- Capacity: 61,000 tons of aluminum foil
- Products: battery aluminum foil
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Dingsheng New Materials](https://endata.com/companies/68289.md)
- [LG Energy Solution](https://endata.com/companies/11181.md) (customer)
- [Hangzhou Five Star Aluminum](https://endata.com/companies/68290.md) (supplier)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/china-dingsheng-receives-large-battery-aluminum-foil-order-from-lg-energy), 2023-02-02: "Hangzhou Five Star Aluminum, a subsidiary of Dingsheng, will supply LG Energy and its three China units with 61,000 tons of aluminum foil for batteries in the next four years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.