BASF Catalysts offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products including advanced battery materials. BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials. We believe mobility’s future lies in more than just products. So where others come to a full stop, we’re just getting started—by leveraging the full power of BASF to continually advance our comprehensive package of sustainable solutions that enable us to travel further, as well as above and beyond. A leading supplier of high performance cathode active materials (CAM) for electrified vehicles to battery producers and automotive OEMs around the world. Protecting the air we breathe from harmful emissions through innovation. BASF leverages unsurpassed expertise in the development of emission control technologies for a wide range of market applications. BASF is committed to advancing and promoting environmentally-sound technologies to achieve a sustainable future in aviation. Offering 50 years of experience developing intelligent solutions for air quality over a wide range of applications — enabling clean air for a healthier, more sustainable future. As the global leader in chemical catalysts, BASF develops cutting-edge catalyst chemistry with our customers’ needs in mind. We want to contribute to a world that provides a viable future with enhanced quality of life for everyone. We do so by creating chemistry for our customers and society and by making the best use of available resources. BASF offers the widest portfolio of adsorbent technologies for a broad spectrum of applications in industries such as refining, petrochemical, chemical, and gas processing. At BASF, our Fluid Catalytic Cracking (FCC) catalyst and additive offerings together with our expert technical services build the right solution to create value within any unit’s constraints. Paving the way toward a brighter, more secure future. Manufacturing products for sustainable solutions, reducing emissions from our processes, and using non-fossil fueled energy sources – all of these efforts help lead BASF on a continuing journey of sustainability. BASF Natural Gas experts have a diverse portfolio of products to custom design a solution and help you meet your Natural Gas treatment needs. BASF has been serving the natural gas treatment market for over 60 years. With more than 150 years of experience in metal sourcing, trading, and hedging, we’ve built tangible results for our industrial customers. With more than 100 years of experience in recycling materials, BASF’s end-to-end recycling program is known and trusted around the globe. As a leader in precious-metal thermocouples for many years, BASF recently applied its technological expertise to optical-based temperature measurement. With nearly 50 years of experience, we offer reliability and efficient solutions for the treatment of various gases. BASF Sorbead® Air adsorbents are alumino silicate gels in the form of hard, spherical beads. They are essential in removing water from compressed air so that the efficiency of chemical processes is not compromised. Sorbead® Air is the most energy saving and environmentally friendly adsorbent available for the air compression industry. Innovative, step-change technology with dual-purpose performance: removal of heavy hydrocarbons and water to cryogenic specifications in a single unit. Developing and producing pharmaceutical ingredients for more than 75 years, enabling us to provide the solutions you need to meet today's and tomorrow's challenges for your pharmaceutical business. Find the latest news and media information for BASF’s Catalysts division, headquartered in Iselin, New Jersey, USA, the world’s leading supplier of environmental and process catalysts. Explore this collection of resources to learn more about our innovative research and Catalyst solutions.
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BASF and TODA KOGYO CORP. close agreement for joint venture specializing in cathode materials for lithium-ion batteries

Tokyo, Japan and Ludwigshafen, Germany – February 24, 2015 - BASF and TODA KOGYO CORP. today formally established “BASF TODA Battery Materials LLC” with the closing of their joint venture agreement announced in October 2014. The new company will provide cathode active materials (CAM) for lithium-ion batteries in Japan.

BASF TODA Battery Materials was established with 66% equity from BASF Japan Ltd. and 34% from TODA KOGYO CORP. The joint venture will conduct research and development, production, marketing and sales for a broad range of cathode materials, particularly NCA (Nickel Cobalt Aluminum Oxide), LMO (Lithium Manganese Oxide) and NCM (Nickel Cobalt Manganese) in Japan. These materials are used in lithium-ion batteries for the automotive, consumer electronics, and stationary storage markets. Internationally, the company will leverage BASF’s global network and reach to drive growth in the battery materials market, which BASF has identified as a key growth field for the future.

Kenneth Lane, President of BASF’s Catalysts division, said, “BASF brings global strength in cathode active materials to this new venture, together with a 150-year history of innovation. We look forward to developing the business in Japan, which is a global leader in lithium-ion battery manufacturing and innovation.”

Shigeru Takaragi, President of TODA KOGYO CORP., added, “With the formation of this joint venture we are ready to respond in a flexible and timely manner to the globally expanding cathode materials market for lithium-ion batteries. BASF and TODA will combine and mobilize resources to take full advantage of our synergies so that we can provide more innovative solutions to meet customer needs and demands.”

Yasuo Anno, who most recently served as Associate Senior Corporate Executive Officer, TODA KOGYO CORP., and President of Toda Energy Materials, has been appointed Chief Executive Officer of the new venture.

Headquartered in Minato-ku, Tokyo, BASF TODA Battery Materials has production facilities in Sanyo-Onoda city, Yamaguchi Prefecture, and Kita-Kyushu city, Fukuoka Prefecture, Japan. It has a direct employee base of approximately 80, with annual combined production capacity for cathode active materials and their precursors of approximately 18,000 metric tons.

BASF TODA Battery Materials will operate as part of BASF’s global Battery Materials business. It will benefit from BASF’s position as the leading chemical supplier to the automotive industry as well as from TODA KOGYO CORP.’s marketing and technical capabilities and extensive know-how in the battery materials industry.


About BASF

At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2013 and over 112,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.


About TODA KOGYO CORP.

TODA KOGYO CORP. is specialized in the Wet Synthesis Technology of metal oxide, and manufacturing cathode materials for lithium-ion batteries, coloring materials including pigments and toners, magnetic powder materials, ferrite materials and other various magnetic materials. We aim to expand our business globally along with our fundamental line to provide solutions to support society in the aspects of information, environment and energy. TODA KOGYO CORP. had consolidated net sales of about 31.6 billion JPY in the fiscal year 2013, as well as about 932 employees as of March 31, 2014. More information on TODA KOGYO CORP. is available at http://www.todakogyo.co.jp/.

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