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

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The creation of the global operating unit Battery Materials will allow us to take a more integrated, solutions-oriented approach to serving battery manufacturers, leveraging our resources and expertise in a unified and focused manner. The operating consolidation will take place throughout the first half of 2012. 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. Configuration of a Li-S cell. Click to enlarge. Andreas Kreimeyer, member of the Board of Executive Directors and Research Executive Director of BASF SE.