Resonac Graphite Malaysia Sdn Bhd

Resonac Graphite Malaysia Sdn Bhd, a leading supplier of high-quality graphite electrodes, has announced a minimum 20% global price increase on all new orders due to market dynamics. The company is planning structural reforms to its graphite electrode capacity and shifting a portion of its manufacturing to produce anode materials for electric vehicle batteries. César Castiñeira, President & CEO of Resonac Graphite BU, stated that the company must earn enough returns to reinvest in its business to remain a long-term, sustainable supplier to the global steel industry. Resonac Graphite’s graphite electrodes are produced globally at six locations and delivered to customers worldwide. The company is developing strategic partnerships with select customers and suppliers to gain a competitive advantage. Resonac Graphite’s vision is to create beneficial innovations for the world, harness the transformative power of chemistry responsibly, and have a positive impact on the global environment and human well-being for future generations. The company’s decisions are anchored in its purpose and values, ensuring that its actions contribute meaningfully to the greater good.