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BASF and Umicore enter into a patent cross-license agreement

BASF and Umicore have entered into a non-exclusive patent cross-license agreement covering a broad range of cathode active materials (CAM) and their precursors (PCAM), including chemistries such as nickel cobalt manganese (NCM), nickel cobalt aluminum (NCA), nickel cobalt manganese aluminum (NCMA) and lithium rich, high manganese high energy NCM (HE NCM).

CAMs are critical for the performance, safety and cost of lithium-ion batteries used in modern electromobility and other applications. The interplay between PCAM and CAM and the development of these materials are crucial to maximize battery cell performance. For many years, BASF and Umicore have been investing intensively in product innovation for low, medium and high nickel PCAM and CAM resulting in each company owning sizeable and largely complementary patent portfolios.

Building on each other’s strong product technology expertise to support the technological needs of their customers, BASF and Umicore have entered into a landmark patent agreement allowing both partners to combine a wider range of IP-protected technologies related to features such as chemical composition, powder morphology and chemical stability. The agreement increases both parties’ ability to customize their materials to meet the increasingly diversified and complex customer requirements at the battery cell and application level. Furthermore, through this agreement both parties can increase even more their product development speed demonstrating their commitment to addressing the main challenges e-mobility is facing, such as energy density, safety and cost while enhancing transparency and reducing IP-risks for battery cell manufacturers and their customers.

The agreement covers more than 100 patent families filed in Europe, US, China, Korea and Japan. Both parties retain the right to enforce their own IP-rights against third parties in the future.

“This agreement with Umicore enables even faster, more sustainable and innovative battery materials development to serve our customers including battery cell manufacturers and automotive,” said Dr. Peter Schuhmacher, President of BASF Catalysts. “The continuous development of battery materials will accelerate the transformation towards full electrification and thus support the world’s efforts to fight climate change.”

Marc Grynberg, CEO of Umicore, commented: “This agreement with BASF is an important step in promoting cathode material innovation. It strengthens our technology positioning and further increases our ability to develop bespoke solutions which meet the most stringent performance and quality standards of our battery and automotive customers.”

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Sophie Lyu

BASF Media Relations

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BASF SE

67056 Ludwigshafen
www.basf.com

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Marjolein Scheers

Umicore Media Relations

+32 2 227 71 47

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Saskia Dheedene

Umicore Investor Relations

+32 2 227 72 21

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Aurélie Bultynck

Umicore Investor Relations

+32 2 227 74 34

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Eva Behaeghe

Umicore Investor Relations

+32 2 227 70 68

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P174e BASF Umicore Cross Licensing

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P174 BASF Umicore Cross Licensing (de)

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BASF Catalysts | Umicore Battery

©Umicore 3D open battery cell

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BASF Catalysts | Battery Research

© BASF Research on high-performance battery materials at BASF’s laboratory in Ludwigshafen, Germany

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