BASF/CATL tie-up for cathode active materials

German chemical firm BASF and Contemporary Amperex Technology Co., Ltd. (CATL) have signed a framework agreement for cathode active materials. Under the agreement, BASF will cooperate with CATL on a global scale.

CATL has selected BASF as its supplier and BASF will support CATL’s global layout through its global production network.

“We are proud to work with CATL, a global market leader in battery technology. Our diversified and local production footprint for innovative cathode materials will support CATL’s global business development,” said Dr. Daniel Schönfelder, President of BASF’s Battery Materials division. “We are committed to the global battery industry and continue leveraging partnerships like the one between CATL and BASF Battery Materials.”

BASF’s Battery Materials business is a global leader in advanced cathode active materials (CAM) for lithium-ion batteries.

Its portfolio includes base metals sourcing and, management, as well as various battery recycling solutions.