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BASF Invests $50 Million in Battery Technology Developer

7:23 AM MST | January 20, 2012 | ­ —Rebecca Coons

BASF has acquired an undisclosed equity stake in lithium-sulfur (Li-S) battery developer Scion Power (Tucson, AZ) for $50 million. The deal compliments BASF’s electrolyte formulation and lithium-ion cathode materials efforts and expands on a 2009 joint...

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