BASF links up with Toda Amnerica to form BTA – a unit which will produce high-energy cathode active materials for e-mobility
German chemical giant BASF has closed an agreement to form BASF Toda America (BTA) – a new company focused on the production and marketing of high energy Nickel Cobalt Manganese (NCM) and Nickel Cobalt Aluminum Oxide (NCA) cathode active materials (CAMs) for e-mobility.
The new entity is the second such collaboration between BASF and TODA. BASF has said it will retain majoruty ownership and control over the company.
With facilities in Elyria, Ohio and Battle Creek, Michigan, BTA will deliver leading expertise in the manufacturing of cathode materials. This expansion in North America also expands BASF’s strategic supply position, it said, allowing it to produce more CAMs for global customers.
“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,” said BASF catalysts division president Kenneth Lane.
“With local production BASF can better collaborate with and serve our automotive customers located in North America,” said BASF senior VP for battery materials Jeffrey Lou. “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.”
The creation of a North American business follows similar expansion into the battery supply chain in Europe. in June last year the chemicals business signed an MoU with Russia’s Nornickel which would see the two co-operate in the production of raw materials for battery production.
The partnership will also include an investment by BASF of up to 400 million euros to be put towards building production plants in Europe. According to a BASF press release, these plants will be ‘industry-leading’ in the production of cathode materials.
It is also a member of the strategic European Union project to develop an “Airbus for batteries”. Plans for the EU Battery Alliance are to be drawn up this year.