BATTERIES: BASF Licenses Li-ion Technology to OMG
Thursday, May 31st, 2012
Through its Ovonic battery materials unit, BASF Corp., Iselin, N.J., has agreed to license its technology for cathode precursor materials used in lithium-ion batteries to OM Group (OMG) on a royalty basis.
Based in Rochester Hills, Mich., OMG is a leader in the production of nickel-metal hydride (NiMH) battery technology and a producer of cathode materials and precursors for both NiMH and lithium-ion batteries.
“We are pleased to establish a process and materials licensing agreement with OMG following the successful completion of a joint development program that has proven the applicability of Ovonic’s technology in meeting OMG’s exacting requirements,” said Ralf Meixner, senior vice-president of BASF’s Battery Materials business. “We remain committed to driving our customers’ success by providing low-cost, high-yield solutions for the manufacture of high-quality cathode materials for lithium-ion batteries.”
“We have found Ovonic’s proprietary manufacturing process to be a flexible, cost-effective solution for OMG,” said Steve Dunmead, vice president and general manager, Specialties, OMG. “The Ovonic license allows for the production of a wide range of cathode precursor materials including nickel-cobalt-manganese (NCM) and nickel-cobalt-aluminum (NCA) chemistries for lithium-ion batteries, which provides a strong fit with our business needs.”
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