BASF and Toda Kogyo form new Li-ion firm in Japan
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Chemical companies BASF and Toda Kogyo have teamed up to launch a joint venture firm based in Japan to manufacture cathode active materials (CAM) for use in lithium-ion batteries.
The company BASF Toda Battery Materials will focus on the research and development, production, marketing and sales for cathode materials for the automotive, consumer electronics, and stationary storage markets.
Pic: (Left) Dr. Joerg Christian Steck, Representative Director & President of BASF Japan, (Right) Mr. Shigeru Takaragi, President, TODA KOGYO CORP.
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