BASF Entering into Electrolyte Activities
BASF is entering the business of electrolytes for lithium-ion batteries (LIB) and is forming a global electrolytes team in its Intermediates division for this purpose. By adding electrolytes to its existing portfolio for the LIB industry, BASF is able to offer another key component for the battery technology.
Electrolytes are complex formulations that are essential for the transport of electronic charge inside batteries. High-quality electrolytes are prerequisites for improving the battery performance.
BASF is already developing specific formulations for high-quality electrolytes based on organic carbonates for customers in the battery and automotive industries. The first products will be commercially available by the end of this year.
"By entering into electrolytes activities we are taking yet another step to support our customers’ competitiveness in the electromobility business. We will offer top-quality products and processes. We are perfectly positioned to do so thanks to our many years of experience in cooperating with the automotive industry. We also contribute our globally unmatched Research Verbund, which we are continually expanding through research cooperation projects," said Dr. Andreas Kreimeyer, Member of the Board of Executive Directors and Research Executive Director of BASF . "In the electrolytes business we intend to become a system supplier that is capable of offering tailor-made solutions to our customers" he added.