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Chemical Week Magazine :: Business & Finance :: United States/Americas
BASF restructures fuel cell unit and closes NJ facility
7:00 AM MDT | August 9, 2013 | —Vincent Valk
BASF says it is exiting the manufacture of membrane electrode assemblies (MEAs) for fuel cells and will focus its fuel cell business on catalysts and adsorbents. The exit of the MEA business involved closing, on 1 August, a facility at Somerset, NJ, that employed 25 people. The Somerset facility was opened in 2009 and involved an initial investment of $10 million. It replaced existing MEA production at BASF’s Frankfurt site. MEAs are fuel cell components containing a proton-conducting membrane between two electrodes coated with precious metal catalysts...
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