BASF to produce, market US lithium-ion technology

03 June 2009 22:20  [Source: ICIS news]

NEW YORK (ICIS news)--BASF signed a global licensing agreement to produce and market lithium-ion battery technology developed by a US Department of Energy (DOE) lab, the German chemicals major said on Wednesday.

The technology, composite cathode materials patented by the DOE’s Argonne National Laboratory, will be further developed at BASF’s facility in Beachwood, Ohio, the company said.

Assuming BASF wins a DOE grant intended to encourage the development of electric vehicles, BASF will build a manufacturing plant for the materials in Elyria, Ohio, the company said.

"The aim of our application development team in Beachwood, Ohio, along with our funding proposal to DOE for a world-class facility in Elyria, Ohio, is to make lithium-ion battery use realistic, affordable and widely available," said Joseph Breunig, president of marketing and business development.

The cathode material, licensed by the DOE, is the preferred choice among the largest North American and Asian cell manufacturers for developing lithium-ion batteries for automobiles and other commercial markets, BASF said.

For more on BASF visit ICIS company intelligence
Bookmark Doris de Guzman’s Green Chemicals Blog for views on green chemistry and sustainability
To discuss issues facing the chemical industry go to ICIS connect

By: Clay Boswell
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly