BASF SE and Toda Kogyo Corp (TODA) announced two significant steps to further enhance their collaboration. A strengthening of production capabilities both in US and Japan will help enable e-mobility and generate business opportunities for the two companies.
BASF TODA Battery Materials LLC (BTBM), a joint venture between BASF and TODA, has now tripled its high nickel cathode active materials (CAMs) capacity at its Onoda site in Japan.
BTBM was established as a BASF-majority-owned joint venture in 2015 to build up production capacity to meet customers’ needs in the rapidly evolving CAMs market. With the completion of this expansion, BTBM is now operating the world’s largest calcination facility for already qualified high nickel CAMs for its growing customer base.
Furthermore, both parties announced their plan to collaborate with US. Manufacturing facilities in Elyria, Ohio, and Battle Creek, Michigan, will be combined to form BASF Toda America LLC (BTA). This new entity, majority owned and controlled by BASF, will provide unique solutions supporting customers’ needs in high energy CAMs and will establish a strong position for BTA in the fast-growing North American e-mobility market.
BASF SE and Toda Kogyo Corp (TODA) announced two significant steps to further enhance their collaboration. A strengthening of production capabilities both in US and Japan will help enable e-mobility and generate business opportunities for the two companies.
BASF TODA Battery Materials LLC (BTBM), a joint venture between BASF and TODA, has now tripled its high nickel cathode active materials (CAMs) capacity at its Onoda site in Japan.
BTBM was established as a BASF-majority-owned joint venture in 2015 to build up production capacity to meet customers’ needs in the rapidly evolving CAMs market. With the completion of this expansion, BTBM is now operating the world’s largest calcination facility for already qualified high nickel CAMs for its growing customer base.
Furthermore, both parties announced their plan to collaborate with US. Manufacturing facilities in Elyria, Ohio, and Battle Creek, Michigan, will be combined to form BASF Toda America LLC (BTA). This new entity, majority owned and controlled by BASF, will provide unique solutions supporting customers’ needs in high energy CAMs and will establish a strong position for BTA in the fast-growing North American e-mobility market.
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