BASF unveils new car battery production plant in German to serve rising demand from European vehicle manufacturers

GERMANY – BASF, a global leader in Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions has unveiled a new battery materials production site in Schwarzheide, Germany. The German chemical company which is the second largest chemical producer in the world said that the new plant was part of its multi-step investment plan to support the European electric vehicle (EV) value chain. “This state-of-the art plant will produce cathode active materials (CAM) with an initial capacity enabling the supply of around 400,000 full electric vehicles per year…

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