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. 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. 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. BASF offers the widest portfolio of adsorbent technologies for a broad spectrum of applications in industries such as refining, petrochemical, chemical, and gas processing. The BASF portfolio includes proprietary alumina, silica, alumino-silica gels and a broad line of base metal oxide guard bed materials, including the PuriStar family. 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.
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BASF to sell electrolytes manufacturing site in Suzhou to Shenzhen Capchem

Joint News Release

LUDWIGSHAFEN, GERMANY, AND SHANGHAI, CHINA, June 2, 2017 – BASF has signed an agreement to sell its electrolytes manufacturing site in Suzhou, China, to Shenzhen Capchem Technology Co., Ltd. (Capchem), one of the leading suppliers in the global electronic-chemicals and functional materials industry. The transaction is expected to close in the next 60 to 90 days, subject to regulatory approval and other customary closing conditions.

BASF is shifting its focus in the battery materials space to high energy cathode materials where it has a strong IP and technology portfolio.

“We are focusing our resources where we are best positioned to grow and serve our customers with high value products,” said Jeffrey Lou, Senior Vice President, Battery Materials, Catalysts division, BASF.

Capchem’s acquisition of the Suzhou manufacturing site allows the company to expand its electrolytes capacity, improve the international influence and consolidate its global leadership.

“This agreement with BASF is a milestone for the internationalization of Capchem. Today, Capchem is the electrolyte market leader in China and this new venture will position us as an international leader as well,” said Johnson Qin, Capchem Chairman of the Board.

Financial details of the transaction will not be disclosed.

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 for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information atwww.basf.com .

About Capchem’s Lithium-ion Battery Chemical Materials Business

The business of lithium-ion battery chemical materials is the largest business sector for Capchem. With the excellent technology research and development capabilities, refined production management levels, high-standard quality assurance capabilities and integrated solutions for customers, Capchem established interdependent cooperation relationship with worldwide main lithium-ion battery customers and keep the leading position in the industry. For more information about Capchem’s Lithium-ion Battery Chemical Materials Business, please visit www.capchem.com.

About Capchem

Capchem is a technology-based enterprise specialized in the research and development, production, sales and service of new electronic-chemicals and functional materials with its headquarter in Shenzhen, China. Capchem’s products are mainly divided into four series including lithium-ion battery chemical materials, capacitor chemical materials, organic fluorine chemicals and semiconductor chemicals. With the global top-ranking production scale, product quality and technology development capability, Capchem is providing extensive services to global customers in various fields including lithium-ion batteries, aluminum electrolytic capacitors, super capacitors, LCD panels, semiconductors, pharmaceuticals and so on. Capchem was listed in Shenzhen Stock Exchange (SZE) on January 08, 2010. For more information about Capchem, please visit www.capchem.com.

Michele Smiley

Senior Manager, Global Communications

BASF Catalysts Division

+1 732 205 7296

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Zuo Liang

CAPCHEM

+86-755-8992-4512

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