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BASF Announces Launch of Commercial LFP Cathode Materials Production in Germany - BASF announces the launch of commercial production of LFP (lithium iron phosphate) cathode materials in Weimar, Germany - BASF.com
BASF Announces Launch of Commercial LFP Cathode Materials Production in Germany

 

PRZOOM - /newswire/ - Weimar, Germany, 2014/05/20 - BASF announces the launch of commercial production of LFP (lithium iron phosphate) cathode materials in Weimar, Germany - BASF.com. DE000BASF111

   
 
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• LFP (lithium iron phosphate) is an innovative cathode material used in the production of advanced lithium-ion batteries (LiBs);
• BASF is operating a 3,000 MT/year plant in Weimar, Germany, leveraging LFP precursors produced by BASF in Ludwigshafen.

BASF is operating a 3,000 metric ton (MT) per year plant in Weimar, leveraging LFP precursors produced at the BASF headquarters site in Ludwigshafen, Germany. IBU-Tec, a specialist in rotary kiln technology and systems, is carrying out operations at the Weimar manufacturing plant under the supervision and full operational control of BASF.

BASF’s innovative LFP materials are used in the production of advanced lithium-ion batteries (LiBs) for various applications, providing advanced power and safety characteristics. LFP is a valuable extension of BASF’s LiB cathode materials portfolio which includes NCM (Nickel Cobalt Manganese), produced at a BASF manufacturing plant in Elyria, Ohio.

BASF’s HED™ LFP is produced using a proprietary process developed by BASF to ensure superior performance of the product as well as superior batch-to-batch consistency.

BASF has a long-term license with global rights for the production and sale of LFP battery materials technology from LiFePO4+C Licensing AG, Muttenz, Switzerland, an affiliate of Clariant AG. LiFePO4+C has the leading global patent portfolio in LFP technology. BASF is also licensed by Argonne National Laboratory, the global leader in NCM technology, to produce and sell advanced NCM materials.

BASF is building up a broad portfolio of battery materials technology, supporting its long-term objective of becoming the leading provider of functional materials and components to serve cell and battery manufacturers worldwide. For more information visit catalysts.basf.com/batterymaterials.

About BASF
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 with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2013 and over 112,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

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. 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 catalyst and adsorbent solutions that drive customer success.

Contact: Matthias Bartmann - Trade media
P: +49 621 60-43920 - E: matthias.bartmann[.]basf.com

 
 
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Agency / Source: BASF

 
 

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BASF Announces Launch of Commercial LFP Cathode Materials Production in Germany

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BASF | BASF’s HED™ LFP
Contact: Joseph M. Jones - BASF.com 
732-205-5557 joseph.jones[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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