BASF invests $50 million to acquire equity ownership position in Sion Power
| By Gerald Ondrey
BASF Corp. (Iselin, N.J.; www.basf.com) has invested $50 million to acquire an equity ownership position in privately held Sion Power (Tucson, Ariz.; www.sionpower.com), the global leader in the development of lithium-sulfur (Li-S) batteries.
This equity…