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On August 31, 2021, after approval by relevant authorities, BASF and Shanshan Co.
·In China, the world’s largest battery materials market, the new company will focus on the fast-growing electric vehicle field
·Combine the technical expertise and market resources of both parties to achieve superior customer value, rapid innovation and cost competitiveness advantages
·BASF further promotes the implementation of the battery materials business strategy, and builds a strong global supply chain for battery manufacturers and automobile manufacturers in major global markets
The newly established joint venture company has four bases in Hunan and Ningxia, with more than 1,600 employees.
In the second phase of the construction of the Hunan Dachangsha base, the researchers of Dachangsha are analyzing and testing the main content of the material/ The Dachangsha R&D center has industry-leading battery testing capabilities The Dachangsha R&D center has industry-leading battery testing capabilities
BASF and Shanshan will jointly promote the continued growth of the joint venture in China, and will achieve an annual production capacity of 90,000 tons in 2022 as planned
Dr.
Dr.
BASF continues to deploy globally, focus on being close to customers, strengthen its product portfolio, and ensure a sustainable supply of raw materials
About BASF's Catalyst Business Unit
About BASF's Catalyst Business UnitBASF's catalyst business unit is a global leader in environmental technology and process catalyst business, as well as battery materials.
About BASF Shanshan Battery Materials Co.
About BASF Shanshan Battery Materials Co.