BASF and Ningbo Shanshan partner to set up battery materials JV in mainland China
The newly formed entity, BASF Shanshan Battery Materials Co., will be majority owned by BASF
German chemical company BASF has formed a joint venture (JV) with mainland China-based supplier of cathode, anode, and electrolyte materials for lithium-ion (Li-ion) batteries, Ningbo Shanshan Company to focus on the surging demand for batteries in China, the company said in a press announcement on 31 August.
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