Very interesting read , BASF to invest in water based binders ? when only the best will do it has to be Anteox , good luck ADO investors , It's about time.
BASF to invest in anode binder production assets for the lithium-ion battery industry
Hong Kong SAR, China – May 11, 2023 – BASF has announced an investment in the production of water-based anode binders to support the lithium-ion battery industry. The new binders will be produced at two existing dispersion plants in Jiangsu and Guangdong, China. In addition to their existing product portfolios, the two plants will produce two innovative anode binders: Licity® and Basonal Power® based on modified styrene-butadiene rubber (SBR). The new range of products is expected to come on stream from mid-2023.
- Two production plants will be modified to produce a wide range of high-performance Licity® and Basonal Power® anode binders for lithium-ion batteries
- Modifications will enable capacity of more than 100,000 metric tons per year to support a stable supply of anode binders from mid-2023 onwards, to support growth in the EV market
Shooting the breeze on ADO, page-5129
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