European Power Battery Recycling Program Is Already In The Layout

- Nov 04, 2019-

BASF plans to invest 4.7 million euros in the lithium battery recycling project with the French company Ehman and Suez, together with the EIT raw materials organization created by the European Union. Around the European power battery industry layout, the German chemical giant BASF's lithium battery cathode material business layout is further extended.

Foreign media reported that BASF announced that it plans to cooperate with French companies Eramet and Suez to carry out the recycling of used batteries for electric vehicles. The plan aims to compete for the battery recycling market and take a favorable position.

The three companies will jointly invest 4.7 million euros (about 36.82 million yuan) with the EIT raw materials organization established by the European Union in the ReLieVe electric vehicle lithium-ion battery recycling project. The project aims to develop an innovative closed-loop process that recycles lithium-ion batteries from electric vehicles and uses recycled battery materials to produce new lithium-ion batteries in Europe.

It is understood that the project will begin in January 2020, in which Suez is responsible for collecting and dismantling used batteries, Eichman is responsible for the recycling of battery components, and BASF is responsible for the production of lithium battery cathode materials.

According to Daniel Schnfelder, vice president of European business management for BASF's battery materials, BASF believes that the recycling process will play an increasingly important role in the promotion of electric vehicles. Together with partners, it will be able to cultivate innovative, sustainable and competitive Europe. Battery market value chain.

As the world's leading chemical giant, BASF has been developing and producing battery cathode materials with higher energy density and more reliable performance. The BASF's European power battery recycling project is clearly preparing for the EU's investment in the power battery industry and the electrification strategy of the European car industry to enhance its competitiveness in the European cathode materials market.

At present, in order to reverse Europe's dependence on Asian battery companies in the field of power batteries, Europe has significantly strengthened its layout in the field of power batteries in recent years.

In May of this year, Germany and France decided to jointly establish the first battery industry alliance in Europe, including Opel, Peugeot Citroen and French battery manufacturer Shuai Fu. Recently, the German Federal Ministry of Economics and Energy announced that it will join Europe, Italy, Finland, Sweden and other eight countries to form the second battery industry alliance in Europe, including BMW, BASF, Valta and other companies have joined the alliance.

At the same time, European car companies including BMW, Volkswagen, Mercedes-Benz and Audi have also set clear strategic goals for electrification and will spend tens of billions of dollars to purchase power batteries. This has attracted large-scale expansion of production capacity in Europe including Samsung SDI, LG Chem, SKI, Ningde era and European local battery companies.

Under this circumstance, BASF laid out the recycling of used power batteries on the basis of expanding the capacity of cathode materials in Europe, and provided raw materials for the continued growth of the demand for cathode materials in the later period.

The layout of BASF is the same as that of its rival, Umicore. Prior to this, Umicore has reached strategic cooperation with BMW, Audi and other power battery recycling fields. Umicore Group advocates the use of recycling technology to achieve recycling of resources in the case of limited resources, and the ability to extract upstream metal is one of its advantages.

In fact, as early as 2017, BASF increased its business layout in the field of cathode materials.

In December 2017, BASF and Toda Industries announced that BASF Toto Battery Materials Co., Ltd. (BTBM) has tripled its production capacity of high nickel cathode active materials at the Onoda production site. The company is a joint venture between BASF and Toda Industries. It is engaged in R&D, manufacturing and sales of positive materials such as NCA, LMO and NCM. The designed production capacity is about 18,000 tons/year.

At the same time, the two companies will merge their manufacturing sites in Illyria, Ohio and Battle Creek, Michigan, to establish BASF Toda America LLC (BTA). This new company, controlled and managed by BASF, will provide exclusive solutions for customers in the field of high-energy cathode active materials.

In 2017, BASF and Norilsk Nickel announced that they have signed a memorandum of understanding. BASF will invest 400 million euros to build a cathode material base in Europe, and raw materials such as nickel and cobalt will be supplied by the latter.

In 2018, BASF announced that it will build its first European battery material production base in Harjavalta, Finland, and plans to start production in late 2020. The new base is adjacent to its supplier, Nickel, which supplies battery materials to nearly 300,000 pure electric vehicles every year.