Flexible Electronics News

BASF to Sell Electrolytes Manufacturing Site in Suzhou to Shenzhen Capchem

BASF is shifting its focus in the battery materials space to high-energy cathode materials.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF has signed an agreement to sell its electrolytes manufacturing site in Suzhou, China, to Shenzhen Capchem Technology Co., Ltd., 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 technolog...

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