The Catalyst Div. of BASF Corp. (Iselin, N.J.; www.catalysts.basf.com) and CAMX Power LLC (CAMX; Lexington, Mass.; www.camxpower.com) today announced that BASF has been granted a license under the intellectual property of CAMX relating to the CAMX suite of CAM-7 cathode materials for lithium-ion batteries. CAM-7 is a patented cathode material that harnesses the unique properties of high-nickel compounds to deliver high energy density with high-power capability.
“In BASF testing, the CAM-7 product platform has shown strong performance and is believed to have the potential to further increase energy density of lithium-Ion batteries,” says Kenneth Lane, president of BASF’s Catalysts division. “CAMX has established a strong global IP position and we will be collaborating with CAMX’s experienced technical staff to develop advanced processing techniques to bring these products to the marketplace.”
The CAM-7 cathode material platform for advanced lithium-ion batteries, developed for over a decade by CAMX Power and now globally patent-protected, has been shown by key entities in the industry to be capable of extending the range of electric vehicles and the run time between charges in portable devices.
“We believe that BASF, as the world’s largest chemical company, with CAM-7 added to its cathode portfolio, and with its extensive battery material production facilities globally as well as its deep manufacturing and process technology expertise, is in an ideal position to rapidly scale up production to meet the upcoming spike in demand for high energy cathodes, a critical lithium-ion battery component, accounting for as much as a third of the cost,” says Kenan Sahin, founder and CEO of CAMX.