BASF Celebrates Grand Opening of Battery Materials Production

BASF Celebrates Grand Opening of Battery Materials Production Plant
in Elyria, Ohio 
First BASF Manufacturing Facility Dedicated to Commercial-Scale
Production of Advanced Cathode Materials for Lithium-Ion Batteries;
Significant Milestone in Company's Ongoing Quest to Become a Leading
Provider of Functional Materials and Solutions to Battery
Manufacturers Worldwide 
ISELIN, NJ -- (Marketwire) -- 11/13/12 --  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.  
The grand opening event was attended by a number of federal, state
and local officials, as well as representatives of the U.S.
Department of Energy (DOE), its affiliated Argonne National
Laboratory (ANL), and numerous BASF employees from Ohio and other
parts of the company's global manufacturing and research and
development operations.  
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 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 t
he 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. "We understand that chemical
innovations will be vital to making electromobility more sustainable,
affordable and ubiquitous in the years ahead, and we are proud of our
role in driving this progress." 
"As the world's leading chemical company, we see tremendous potential
to secure our place as a leading supplier of materials and solutions
to battery manufacturers around the globe," added Ralf Meixner,
Senior Vice President of BASF's global Battery Materials business.
"The launch of this new production facility is an important milestone
in this journey." 
"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.
Additional information is available at:
www.catalysts.basf.com/batterymaterials. 
For a press photo, please click on the following link: 
http://www.basf.us/pressphotos/11-13-12_Elyria.jpg.  
Suggested caption: Pictured, from left, at today's grand opening
event celebrating the launch of BASF's new cathode materials
production plant in Elyria, Ohio, are Ohio State Senator Gayle
Manning, Ohio Congressman Matt Lundy, Ohio Development Services
Director Christiane Schmenk, US Senator Sherrod Brown, Elyria Mayor
Holly Brinda, BASF Corporation CEO Hans Engel, BASF Catalysts
President Frank Bozich, the US Department of Energy's Dave Howell,
and Argonne National Laboratory's Jeff Chamberlain.  
About BASF's Catalysts Division
 BASF's Catalysts division is the
world's leading supplier of environmental and process catalysts. The
group offers exceptional expertise in the development of technologies
that protect the air we breathe, produce the fuels that power our
world and ensure efficient production of a wide variety of chemicals,
plastics and other products, including advanced battery materials. 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. Further information on BASF's Catalysts division is
available on the Internet at www.catalysts.basf.com. 
BASF - The Chemical Company
 BASF is the world's leading chemical
company: The Chemical Company. Its portfolio ranges from chemicals,
plastics, performance products and crop protection products to oil
and gas. We combine economic success, social responsibility and
environmental protection. Through science and innovation we enable
our customers in almost all industries to meet the current and future
needs of society. Our products and system solutions contribute to
conserving resources, ensuring healthy food and nutrition and helping
to improve the quality of life. We have summed up this contribution
in our corporate purpose: We create chemistry for a sustainable
future. BASF posted sales of about EUR 73.5 billion in 2011 and had
more than 111,000 employees as of the end of the year. Further
information on BASF is available on the Internet at www.basf.com. 
For more information contact: 
Joseph M. Jones
Catalysts
BASF Corporation
Tel: (732) 205-5557
E-mail: joseph.jones@basf.com 
BASF Corporation
Catalysts Headquarters
25 Middlesex/Essex Turnpike
Iselin, New Jersey 08830
www.catalysts.basf.com 
 
 
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