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BASF and Ningbo Shanshan partner to set up battery materials JV in mainland China

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Strategic Partnerships

The newly formed entity, BASF Shanshan Battery Materials Co., will be majority owned by BASF

German chemical company BASF has formed a joint venture (JV) with mainland China-based supplier of cathode, anode, and electrolyte materials for lithium-ion (Li-ion) batteries, Ningbo Shanshan Company to focus on the surging demand for batteries in China, the company said in a press announcement on 31 August.

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