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BASF Plans Lithium-Ion Materials Production Facility

Published 8/7/2009

BASF received a $24.6 million grant from the American Recovery and Reinvestment Act in August of 2009 to support construction of a lithium-ion battery materials production facility in Elyria, Ohio. The $50 million project will be the largest cathode materials manufacturing plant in North America. The funding was awarded by the Department of Energy to support the Electric Drive Vehicle Battery and Component Manufacturing Initiative.