Battery Materials BASF Becomes Battery Giant – Opens Battery Materials Production in the US
BASF's rise to becoming a global battery giant takes the next step: The world's biggest chemical company opens its first manufacturing facility dedicated to commercial-scale production of advanced cathode materials for lithium-ion batteries in Elyria/Ohio, USA...
Iselin, New Jersey – BASF today celebrated the grand opening of its new cathode materials production plant in Elyria, Ohio. The materials manufactured at the Elyria plant will be used by BASF’s customers to produce advanced lithium-ion batteries – Batteries that can be used to propel current and next-generation hybrid and full electric vehicles, helping drive the future of electromobility in North America and around the globe.
Investment of 50 Million Dollar in Battery Materials Production
Construction of the new cathode materials plant required an investment of more than US $ 50 million, which was supported by a US $ 24.6 million grant from the US. 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.
International Cooperation for State–of–the–Art Battery Materials
The new four-story, 70,000 square foot cathode materials plant in Elyria is expected to create approximately 25 new jobs, supported by BASF's battery materials research laboratories in nearby Beachwood, Ohio, and at the company’s headquarters in Ludwigshafen, Germany. Also BASF's management board appreciates the many possibilities that the new facility offers... more on page 2!