BASF opens co-located battery materials and recycling center in Germany
BASF celebrated the opening of Europe’s first co-located center of battery material production and battery recycling in Schwarzheide, Germany.
The inauguration of a state-of-the-art production facility for high-performance cathode active materials and the unveiling ceremony for a battery recycling plant for the production of black mass represent important steps toward closing the loop for the European battery value chain – from the collection of used batteries and the recovery of mineral raw materials to their use in the production of new battery materials.
“Despite all challenges we are currently facing in Europe, today is a reason for all of us to be optimistic. The state-of the art cathode active materials plant and the recycling plant for black mass production underline that we at BASF believe in the future of the chemical industry in Europe and in Germany and invest in innovative products and services for our customers in our home market,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE. “With our two investments we significantly contribute to the reduction of the CO2 footprint of batteries and close the loop for sustainable mobility.”
European Commission Vice President Maroš Šefčovič emphasized the importance of creating a competitive and sustainable battery cell manufacturing value chain in Europe. “The EU battery market is rapidly growing. Demand for batteries is expected to continue to increase drastically in the coming years for both mobility and storage, and our competitors are also pursuing this market. In this context, the European Commission is committed to keep building a solid battery ecosystem in Europe. This is why we have created the European Battery Alliance, which has helped to generate more than €180 billion in private investments so far. The BASF plant benefited from this work. With its focus on advanced cathode active material and on recycling, it demonstrates that we can boost the EU’s competitiveness and reduce its dependencies in a strategic sector and accelerate the green transition.”