PRZOOM - /newswire/ -
Iselin, NJ, United States, 2012/11/13 - BASF today celebrated the grand opening of its new cathode materials production plant in Elyria, Ohio - Catalysts.BASF.com. DE000BASF111
• First BASF manufacturing facility dedicated to commercial-scale production of advanced cathode materials for lithium-ion batteries;
• Significant milestone in company’s ongoing quest to become a leading provider of functional materials and solutions to battery manufacturers worldwide.
The materials manufactured at the Elyria plant will be used by BASF’s customers to produce advanced lithium-ion batteries that will propel current and next-generation hybrid and full electric vehicles, helping drive the future of electromobility in North America and around the globe.
Construction of the new cathode materials plant required an investment of more than $50 million, which was supported by a $24.6 million grant from the U.S. Department of Energy. In addition, BASF was selected as one of only two licensed suppliers of Argonne National Laboratory patented Nickel-Cobalt-Manganese (NCM) cathode materials, which employ a unique combination of lithium and manganese-rich mixed metal oxides. The materials being produced in Elyria leverage this advanced NCM chemistry, which is particularly well suited to the production of lithium-ion batteries for automotive and other high-end applications.
The new four-story, 70,000 square foot cathode materials plant in Elyria leverages state-of-the-art production technologies, and is expected to create approximately 25 new jobs in Elyria. The operation in Elyria is supported by BASF battery materials research laboratories in nearby Beachwood, Ohio, and at the company’s headquarters in Ludwigshafen, Germany.
“We are delighted to celebrate the launch of this new commercial-scale production plant, which highlights the strong alliance BASF has established with the U.S. Department of Energy and the state of Ohio to deliver advanced battery materials that can provide higher energy density and greater power,” said Frank Bozich, President of BASF’s Catalysts division. “We understand that chemical innovations will be vital to making electromobility more sustainable, affordable and ubiquitous in the years ahead, and we are proud of our role in driving this progress.”
“As the world’s leading chemical company, we see tremendous potential to secure our place as a leading supplier of materials and solutions to battery manufacturers around the globe,” added Ralf Meixner, Senior Vice President of BASF’s global Battery Materials business. “The launch of this new production facility is an important milestone in this journey.”
As part of its long-term battery materials strategy, BASF will continue to work with partners in industry and science to develop materials and technologies for current and next generation lithium-ion batteries as well as for future battery systems. Additional information is available at catalysts.basf.com/batterymaterials.
About BASF’s Catalysts Division
BASF’s Catalysts division (catalysts.basf.com) is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success.
BASF – The Chemical Company
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year.