Global chemical company, BASF announces a new battery materials production site in Germany that will produce cathode active material (CAM). The new site is located in Schwarzheide and is part of the company’s investment plan to support electric vehicle expansion in Europe.
The initial capacity of the plant will enable the supply of around 400,000 full electric vehicles per year. The site is powered by an energy-efficient gas and steam turbine power plant that operates on the principle of combined heat and power generation. To further increase its eco-efficiency, the plant is currently being modernized including the integration of renewable energies.
Commissioning of the plant in Schwarzheide and a second plant in Finland is scheduled for the year 2020. With these investments in Finland and Germany, BASF will be the first CAM supplier with local production capacities in today’s three major markets – Asia, the U.S. and Europe.
“The plants in Finland and Germany will offer our customers reliable access to tailored high-nickel cathode active materials in proximity to their European manufacturing facilities,” said Dr. Peter Schuhmacher, President, Catalysts division at BASF.
BASF New Business GmbH will exhibit at ees Europe in Munich (June 17 -19). Visit booth C2.150.