New unit to focus on battery production
D ue to the growth of the global battery marketplace, German supplier BASF is creating a new business unit, Battery Materials, that will bring together its current and future battery-related electromobility activities, effective 1 January 2012.
This business unit will integrate the existing battery activities of BASF's Catalysts division, which focuses on cathode materials development; its Intermediates division, which is focuses on electrolyte formulations, and BASF Future Business which is focuses on next-generation lithium battery opportunities.
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