{"id":16480,"date":"2023-11-15T16:10:23","date_gmt":"2023-11-15T07:10:23","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=16480"},"modified":"2024-02-28T10:38:14","modified_gmt":"2024-02-28T01:38:14","slug":"basf-and-sk-on-entered-into-an-agreement-to-evaluate-collaboration-opportunities-in-the-global-lithium-ion-battery-market","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/16480","title":{"rendered":"SK On and BASF entered into an agreement to evaluate collaboration opportunities in the global lithium-ion battery market"},"content":{"rendered":"

\u25a0 Targeted collaboration around cathode active materials <\/span><\/strong><\/p>\n

\u25a0 Focused on North American and Asia-Pacific markets<\/span><\/strong><\/p>\n

 <\/p>\n

SK On and BASF, a globally leading battery materials producer, have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market focused on North America and Asia-Pacific. The collaboration brings together strong business and product development capabilities to develop industry-leading battery materials for lithium-ion batteries.<\/span><\/p>\n

SK On and BASF’s initial focus will be evaluating collaboration options for cathode active materials (CAM) production. Further details on the collaboration will be revealed at a later stage. <\/span><\/p>\n

Additional collaboration opportunities along the battery materials value chain will be evaluated subsequently, including battery recycling. By leveraging their respective expertise, SK On and BASF aim to develop innovative solutions to support their strong growth ambitions. <\/span><\/p>\n

Sustainability plays a key role for both companies in line with the principles of the \u201cValue Balancing Alliance,\u201d which is working on a global standard for measuring a company\u2019s social, economic, and environmental contribution and translating environmental and social impacts into comparable financial data. <\/span><\/p>\n

\u201cThe collaboration with BASF is part of our efforts to bolster the battery materials supply chain,\u201d said Jee Dong-seob, President and Chief Executive Officer of SK On. \u201cWe look forward to expanding our partnership to lead the global EV battery market.\u201d<\/span><\/p>\n

\u201cWith the collaboration with SK On, we are further strengthening our market position to serve battery manufacturers and electric vehicle producers around the world.\u201d said Dr. Peter Schuhmacher, President of BASF\u2019s Catalysts division, who is also responsible for the company\u2019s battery materials and battery recycling business. \u201cWe want to address the need for more sustainable solutions for the electric vehicle industry. And we are ready to work with our customers and partners in all regions to make this a reality.\u201d<\/span><\/p>\n

 <\/p>\n

[Photo]<\/strong> SK On and BASF confirm their collaboration. Jee Dong-seob (left), President and Chief Executive Officer of SK On, and Dr. Peter Schuhmacher (right), President of BASF\u2019s Catalysts division, shake their hands after their recent meeting at SK Seorin Building in Seoul. (Photo provided by SK On)<\/span><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

\u25a0 Targeted collaboration around cathode active materials \u25a0 Focused on North American and Asia-Pacific markets   SK On and BASF, a globally leading battery materials producer, have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market focused on North America and Asia-Pacific. The collaboration brings together strong business and … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":16487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4,8,644],"tags":[1589,1591,1590,271],"class_list":["post-16480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporates","category-press-room","category-press-release","category-sk-on","tag-basf","tag-cam","tag-cathode-active-materials","tag-lithium-ion-battery"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/16480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=16480"}],"version-history":[{"count":12,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/16480\/revisions"}],"predecessor-version":[{"id":17589,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/16480\/revisions\/17589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/16487"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=16480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=16480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=16480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}