BASF Invests in Battery Technology and Materials

Kreimeyer: A more integrated approach to serving battery firms. BASF says it will invest more than €100 million ($135 million) to develop battery technology for vehicles during the next five years, including investments in R&D and the production of battery materials. The company also plans to create a battery materials global business unit from January 1, 2012 in an effort to grasp a “significant growth opportunity.” The company, as well as developing materials for lithium-ion batteries including solutions for anodes and separators, is...

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