People & Business :: M&A
BASF and Toda Kogyo enter negotiations to form cathode active materials jv in Japan
1:46 AM MDT | April 3, 2014 | Natasha Alperowicz
BASF and Toda Kogyo Corp. (Tokyo) announced today that they will enter exclusive negotiations to form a joint venture in Japan for cathode active materials. Toda Kogyo is one of the industry leaders in the development and manufacture of cathode materials for lithium-ion batteries. The proposed joint venture will focus on the production, marketing and sales of a broad range of cathode materials including nickel cobalt aluminum oxide, lithium manganese oxide and nickel cobalt manganese, in Japan. These materials are used in lithium-ion batteries for the...
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