BAaSF, Toda Kogyo launch JV for cathode active materials in Japan

摘要

BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, today established their previously announced joint venture for cathode active materials in Japan. The jv is called BASF Toda Battery Materials. BASF holds a 66% stake in BASF Toda Battery Materials and Toda Kogyo holds the remaining 34%. BASF and Toda Kogyo have combined their respective cathode active materials businesses.