BASF's European battery materials plant is on schedule

BASF's new plant will start production in 2022as
starting ground construction at the Harjavalta Forward Materials (PCAM) plant in Finland
construction permits have been granted at the Schwarzheide(CAM) plant in Germany
and construction and preparations for BASF's European battery materials plant are on scheduleWith the completion of foundation pouring, BASF's forward material precursor (PCAM) plant in Harjavalta, Finland, officially started ground constructionIn addition, BASF's positive active materials (CAM) plant in Schwarzheide, Germany, has been granted construction permitsAlthough the impact of the new crown is still ongoing, the multi-step investment project, which will be put into operation in 2022, is still on scheduleBASF is committed to providing reliable and sustainable local battery materials to European battery manufacturers and automotive manufacturersBASF aims to become the world's leading supplier of high-energy density positive active materials in the automotive industry, and the two new battery materials plants are part of that goalThe plant's initial capacity is expected to supply BASF battery materials for approximately 400,000 pure electric vehicles per year"We are proud to further strengthen and expand our global battery materials business in Europe to serve our customers," said DrPeter Schumacher, President of BASF's Catalysts business atWe are determined to provide innovative, high-performance products to battery value chain customers and achieve minimum CO2 emissions in the value chainWe are expected to significantly reduce our carbon footprint by about 30% by combining local production, renewable energy utilization and unique energy-saving process technologies to be used in new plants, compared to existing traditional industry standardsDrDaniel Sheffield, Vice President of European Business ManagementBASF Battery Materials, added, "Our top priority is to ensure the health and safety of our employees and construction partners Thank you very much to all the teams who have been working safely and dedicatedly on time, enabling us to supply battery materials to our customers in 2022 "