Tuesday, May 31, 2011

BASF to Enter Lithium-ion Electrolyte Business

BASF announced that it is entering the business of electrolytes for lithium-ion batteries (LIB) and is forming a global electrolytes team in its Intermediates division for this purpose. By adding electrolytes to its existing portfolio for the LIB industry, BASF is able to offer another key component for the battery technology.

Electrolytes are complex formulations that are essential for the transport of electronic charge inside batteries. High-quality electrolytes are prerequisites for improving the battery performance.

BASF is already developing specific formulations for high-quality electrolytes based on organic carbonates for customers in the battery and automotive industries. The first products will be commercially available by the end of this year.
Dr. Andreas Kreimeyer, Member of the Board of Executive Directors and Research Executive Director of BASF . said: “In the electrolytes business we intend to become a system supplier that is capable of offering tailor-made solutions to our customers.”

Photo caption: The heart of the BASF Group is BASF SE headquartered in Ludwigshafen, Germany. With its over 160 chemical production plants, several hundred laboratories, technical centers, workshops and offices, it is the largest integrated industrial complex in Europe (according to BASF).

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