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BASF creates new global business unit to advance battery activities for electromobility

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Effective 1 January 2012, Meixner will assume the role of BASF Senior Vice President, Battery Materials, and become part of the company’s Catalysts division leadership team, based in Iselin, New Jersey. Earlier post.) Earlier post.). Earlier post.).

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BASF invests $50 million to acquire equity ownership position in Li-Sulfur battery company Sion Power

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BASF has invested $50 million to acquire an equity ownership position in privately held Sion Power, the leading developer of rechargeable lithium-sulfur (Li-S) batteries. More than 600 Wh/kg in specific energy and 600 Wh/l in energy density are achievable in the near future, according to the company. Click to enlarge.