NERSAC, CHARENTE, FRANCE, and ISELIN, N.J., April 27, 2015 -- BASF and ARTS Energy announced that BASF has granted ARTS Energy, one of the world’s leading manufacturers of battery products, a license to use BASF’s nickel metal-hydride (NiMH) patents and technology in the manufacture and sale of batteries for energy storage applications.
BASF, through the OvonicTM battery materials business it acquired in 2012, is the inventor, developer and worldwide licensor of NiMH battery technology. Ovonic continues to conduct research on advanced NiMH anode and cathode materials to deliver improved performance for consumer, stationary and vehicle applications.
“We are very happy to welcome ARTS Energy into our global family of NiMH battery licensees,” said Ralf Meixner, Senior Vice President of BASF’s global Battery Materials business. “This agreement will begin a period of mutually rewarding cooperation between our companies.”
“ARTS Energy is a quality supplier of rechargeable battery products for professional applications, including NiMH battery products. Beyond our current line-up and technology, we are happy to begin cooperating with BASF to develop next-generation products with improved electrochemical specifications that will meet the ever-increasing market demand for high performance, long life, and reliable energy storage solutions,” said Patrice Le Reun, Chief Executive Officer of ARTS Energy.
Additional information on BASF NiMH technology licensing can be found at www.catalysts.basf.com/NiMH-licenses.
About ARTS Energy
ARTS Energy, chaired by Patrice Le Reun since its foundation in 2013, is headquartered in Nersac, Charente, France, and is a standalone battery manufacturing company with 310 employees and €42 million in sales. It has a more than 40 year history producing rechargeable nickel cylindrical cells and battery packs for professional applications. It offers its customers a high technical support on electrochemistry, cell and battery pack design, including battery electronics expertise. ARTS Energy is ISO 9001 and ISO14001 certified, and is committed to support the development and production in Europe of NiMH products for the most demanding energy storage applications. Further information on ARTS Energy is available on the internet at www.arts-energy.com.
About BASF’s Catalysts division
BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success. Further information on BASF’s Catalysts division is available on the Internet at www.catalysts.basf.com.
At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.