8 March 2018
DETAILS
BASF has closed its agreement
to form
BASF Toda America LLC (BTA).
As the next step in
BASF’s business growth strategy
for its battery materials business,
the new entity will be majority owned and controlled by BASF
and is the second successful collaboration of BASF and TODA.
BTA will produce and market
* high energy Nickel Cobalt Manganese (NCM) and
* Nickel Cobalt Aluminum Oxide (NCA)
cathode active materials (CAM)
for e-mobility applications.
With facilities in
* Elyria, Ohio and
* Battle Creek, Michigan, BTA
will deliver leading expertise in the manufacturing of CAM.
This expansion of its North American footprint
allows BASF to offer a strategic supply position and
produce innovative cathode materials
to meet the needs of key global customers.
Kenneth Lane,
President of BASF’s Catalysts Division
“The start-up of BTA represents another strategic move
for BASF’s battery materials business.
BASF is currently supplying key automotive platforms
with battery materials and is in qualification
of all major future platforms,”
“With this investment, BASF is executing its vision
to establish a global manufacturing presence
for battery materials and responding to growing market needs.”
Jeffrey Lou,
BASF’s Senior Vice President, Battery Materials
“With local production BASF can better collaborate with
and serve our automotive customers
located in North America,”
“In combination with BASF’s global research & development
resources and a combined portfolio of technologies,
BASF is able to support the requirements of our customers
and take an active role in developing
the rapidly growing e-mobility CAM market
in North America, and beyond.”
67056 Ludwigshafen
presse.kontakt@basf.com
Media Relations
Cesar F. Garcia
Phone: 732-205-7650
Cesar.f.garcia@basf.com
Naotaka Tanimoto,
Koji Miyahara
Corporate Planning Department
Phone: +81-82-577-0055
E-mail: webmaster@todakogyo.co.jp
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