14 November 2012

BASF opens new battery materials plant in Elyria, Ohio; Creates 25 new jobs

- Investment of more than $50 million 
- $24.6 million grant from the U.S Department of Energy 

Iselin, NJ - 13 November 2012 – BASF, the world’s leading chemical company, today celebrated the grand opening of its new cathode materials production plant in Elyria, Ohio. The materials manufactured at the Elyria plant will be used by BASF’s customers to produce advanced lithium-ion batteries that will propel current and next-generation hybrid and full electric vehicles, helping drive the future of electromobility in North America and around the globe. 

Construction of the new cathode materials plant required an investment of more than $50 million, which was supported by a $24.6 million grant from the U.S Department of Energy (DOE). In addition, BASF was selected as one of only two licensed suppliers of ANL-patented Nickel-Cobalt-Manganese (NCM) cathode materials, which employ a unique combination of lithium and manganese-rich mixed metal oxides. The materials being produced in Elyria leverage this advanced NCM chemistry, which is particularly well suited to the production of lithium-ion batteries for automotive and other high-end applications. 

The new four-story, 70,000 square foot cathode materials plant in Elyria leverages state-of-the-art production technologies, and is expected to create approximately 25 new jobs in Elyria. The operation in Elyria is supported by BASF battery materials research laboratories in nearby Beachwood, Ohio, and at the company’s headquarters site in Ludwigshafen, Germany

“We are delighted to celebrate the launch of this new commercial-scale production plant, which highlights the strong alliance BASF has established with the US Department of Energy and the state of Ohio to deliver advanced battery materials that can provide higher energy density and greater power,” said Frank Bozich, President of BASF’s Catalysts Division 

BASF is helping make Ohio the Silicon Valley for clean energy manufacturing. As our reliance on foreign sources of energy grows more and more unsustainable, American consumers will turn to hybrid and fully-electric vehicles – powered by lithium-ion battery materials made by BASF,” said Senator Sherrod Brown, who supported BASF’s DOE grant application. “We know how to make things in Ohio – from tires to car frames and now advanced battery materials. BASF’s Elyria plant will bring new, good-paying, cutting-edge jobs to Lorain County.” 

As part of its long-term battery materials strategy, BASF will continue to work with partners in industry and science to develop materials and technologies for current and next generation lithium-ion batteries as well as for future battery systems. 

BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success. 

BASF is the world’s leading chemical company. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. 

Source: BASF