BASF and TODA KOGYO CORP. enter negotiations to form a joint venture for cathode active materials in Japan
Apr 03, 2014 (Menafn – M2 PRESSWIRE via COMTEX) –Tokyo, Japan, and Ludwigshafen, Germany — BASF, the world’s leading chemical company, and TODA KOGYO CORP . , one of the industry leaders in the development and manufacture of cathode materials for lithium-ion batteries, have announced that they will enter exclusive negotiations to form a joint venture for cathode active materials (CAM) based in Japan.
T he proposed joint venture will focus on the production, marketing and sales of a broad range of cathode materials including NCA (Nickel Cobalt Aluminum Oxide), LMO (Lithium Manganese Oxide) and NCM (Nickel Cobalt Manganese) in Japan.
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