BASF grants nickel metal-hydride battery materials license to Kawasaki Heavy Industries, Ltd.

  • Focus on stationary power storage applications
  • Opportunity to leverage NiMH technology in storage facilities for railway systems and back-up power applications

 ISELIN, N.J., May 4, 2015 – BASF announced that it has granted Kawasaki Heavy Industries, Ltd. (KHI) a license to use BASF’s nickel metal-hydride (NiMH) patents and technology in the manufacture and sale of batteries for stationary power storage applications. 

BASF, through the OvonicTM battery materials business it acquired in 2012, is the inventor, developer and worldwide licensor of NiMH battery technology. Ovonic continues to conduct research on advanced NiMH anode and cathode materials to deliver improved performance for consumer, vehicle and stationary battery applications.

“We are very pleased to welcome KHI to our family of NiMH technology licensees. This agreement is just the beginning of a close cooperation between our companies that will expand the use of NiMH batteries into significant new growth markets,” said Ralf Meixner, Senior Vice President, BASF Battery Materials.

“KHI has been developing large format NiMH batteries for railroad systems and storing renewable energy produced by wind power and photovoltaic generation for many years now,” said Katsuya Ishikawa, General Manager of the GIGACELL Battery Division of KHI. “We are delighted to align our efforts with BASF to help address current environmental and energy challenges through the increased adoption of advanced stationary source battery solutions.” 

Additional information on BASF NiMH technology licensing can be found at www.catalysts.basf.com/NiMH-licenses.


About BASF’s Catalysts Division

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. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success. Further information on BASF’s Catalysts division is available on the Internet at www.catalysts.basf.com.

 

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 over €74 billion in 2014 and around 113,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.

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