#BASF Aims to Muscle Itself Onto Battery Materials’ Top Table
#BASF SE is prepared to dig deep, pouring money and expertise into developing materials for #ElectricVehicle batteries to catch up with rivals like #Tesla Inc. supplier #Sumitomo Metals & Mining Co.
The world’s No. 1 chemical maker is adding to its expansion plans in #Europe, which is emerging as the next high-growth region for batteries, said Ken Lane, #BASF’s global head of catalysts. Battery makers in the market currently rely on Asian suppliers like Sumitomo that provide #Nickel and #Lithium.
Read more at: https://www.bloomberg.com/news/articles/2018-01-18/basf-looks-to-muscle-its-way-onto-battery-materials-top-table
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