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BASF forms JV with Chinese LIB supplier Shanshan By Mary Page Bailey | May 24, 2021 BASF SE (Ludwigshafen, Germany) and Shanshan, a leading lithium-ion battery materials supplier serving both the e-mobility and the consumer electronics (CE) market, have agreed to form a BASF majority-owned joint venture (BASF: 51%; Shanshan: 49%) to produce cathode active materials (CAM) and precursors (PCAM) in China. Closing of the transaction is targeted for later this summer following the approval of the relevant authorities. BASF will contribute its strength as a leading global CAM supplier to the automotive industry with strong technology and development capabilities, global operations footprint, as well as strategic partnerships for raw materials supply. By forming the intended joint venture in China, BASF further strengthens its position in Asia to build up an integrated, unique global supply chain for customers in China and worldwide, increasing its annual capacity to 160 kilotons by 20

United statesRheinland pfalzMarkus kamiethZhihua liPeter schuhmacherYonggang zhengHunan shanshan energyShanshan energyExecutive directorsஒன்றுபட்டது மாநிலங்களில்ரைன்லேண்ட் ப்ஃப்யால்ஸ்நிர்வாகி இயக்குநர்கள்