Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation
Green Car Congress
FEBRUARY 14, 2012
51-year-old Energy Conversion Devices, Inc. a pioneer in materials science and renewable energy technologies, today voluntarily filed a petition for relief under Chapter 11 in the US Bankruptcy Court for the Eastern District of Michigan. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. Earlier post.)
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