BASF gains access to Chinese CAM market, expanding its global footprint with an integrated, unique cathode active materials supply chain
Shanshan benefits from BASF’s global automotive customer network strengthening competitiveness in the Chinese market
Partnership generates significant technology synergies and tailored solutions for a broad customer base
BASF and Shanshan, a leading lithium-ion battery materials supplier serving both the e-mobility and the consumer electronics (CE) market, have agreed to form a BASF majority-owned joint venture (BASF: 51%; Shanshan: 49%) to produce cathode active materials (CAM) and precursors (PCAM) in China. Closing of the transaction is targeted for later this summer following the roggyllo qa mbi yntizulu iextecgbsaf.
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