Yingde Gases Group (hereinafter referred to as Yingde Gases) signed an industry chain strategic cooperation agreement with BASF Shanshan Battery Materials Co., Ltd. (hereinafter referred to as BASF Shanshan). According to the agreement, BASF Shanshan and Yingde Gases will cooperate in various projects, such as efficient air separation coupled with oxygen recovery, development of oxygen recovery technology, and low-energy oxygen and nitrogen production. With its green and low-carbon-footprint gas supply services, Yingde Gases will help BSBM to become a leading environment-friendly and responsible cathode material manufacturer in the industry as well as support the progress and development of the new material industry in the field of low-carbon and environmental protection technologies.
In attendance at the signing ceremony were Hunan Province Party Committee leaders, Changsha municipal government leaders, Changsha National High Tech Industrial Development Zone directors, BASF global and BASF Shanshan executives, and Yingde Gases chief officers.
BASF Shanshan is one of the leading global suppliers of lithium-ion battery materials, its products used in a wide range of consumer electronics and electric vehicles, as well as other large power systems, rechargeable batteries, and energy storage units. BASF focuses on offering top-tier, innovative solutions for battery materials to clients across the globe, striving to create a fully sustainable battery value chain. BASF has already laid the groundwork for an end-to-end production supply chain beginning at mining and continuing to metallurgy, precursor and cathode preparation, battery manufacturing, and recycling. In its ongoing expansion projects BASF has applied an smart factory model supporting intelligent, automated, sustainable development. Designs for new product lines possess a high degree of flexibility while utilizing several innovative energy recovery technologies, effectively increasing capacity while at the same time reducing carbon emissions within the value chain, guiding electromobility on the path toward a more sustainable future.
Yingde Gases Chief Executive Officer Fang Shiwen expressed the following: "Staying the course towards sustainable development is a corporate strategy jointly upheld by BASF and Yingde Gases. Harnessing its extensive experience and accumulated know-how in the industrial gas sector, Yingde Gases aims to be a pillar of support in BASF's project to build a sustainable battery materials supply chain, assisting in the areas of emerging technology development, process flow optimization, recovery and reuse management, and improving efficiency in energy consumption, walking hand-in-hand with BASF towards a low-carbon, eco-friendly future."