BASF New Business | Energy Storage
NAS® Battery – High-energy, Long-duration Stationary Energy Storage
Nagoya, Japan, and Ludwigshafen, Germany, November 7, 2019 – BASF New Business GmbH, a wholly owned subsidiary of the German chemical company BASF, and Japanese ceramics manufacturer NGK INSULATORS, LTD. are expanding their cooperation. In addition to the sales partnership agreement for NAS® batteries announced in June 2019, they have now entered into a joint development agreement (JDA) to develop the next generation of sodium-sulfur batteries.
Nagoya, Japan and Ludwigshafen, Germany, June 11, 2019 – BASF New Business GmbH (BNB), a wholly-owned subsidiary of the German chemical group BASF, and Japanese ceramics manufacturer NGK INSULATORS, LTD. (NGK) today announced the conclusion of a sales partnership agreement (SPA). The agreement gives BNB non-exclusive rights to sell NGK’s NAS battery via BASF’s global channels. Both partners expect a synergistic effect from the broad business activities of the other.