BASF - ANL Collaboration on NCM

Cathode Materials

Michael Fetcenko

Commission to Review the Effectivenes of the National

Energy Laboratories

November 4, 2014 1

November 4, 2014 2

We combine economic success, social

responsibility and environmental

protection

Sales 2013: €73,973 million

EBIT 2013: €7,273 million

Employees (as of December 31, 2013):

112,206

6 Verbund sites and 376 other

production sites

Our chemistry is used in almost all

industries – Sales into automotive industry

around 15% of total sales

BASF – The Chemical Company

We Create Chemistry for a Sustainable Future

November 4, 2014

Chemistry-based innovations @ BASF

Growth fields

Resources,

Environment

& Climate

Food &

Nutrition

Quality of Life White

Biotechnology

Materials,

Systems &

Nanotechnology

Raw Material

Change

Key customer industries

Health & Nutrition

Consumer Goods

Transportation

Energy & Resources

Electronics

Agriculture

Construction

Technology fields Global needs

...

Batteries for Mobility

Enzymes

Heat Management for Construction

Organic Electronics

Functional Crop Care

Plant Biotechnology

E-Power Management

Wind Energy

Lightweight Composites

Water Solutions

3

November 4, 2014

Global business unit established 2012

Significant expansion of the scope of

its battery materials technologies over

the last two years

‒ Start-up of own production sites

‒ Licensing agreements

‒ Multiple acquisitions

‒ Investment into companies

In-house R&D and strategic

partnerships

BASF – The Chemical Company

BASF’s Comprehensive Battery Materials Portfolio

4

November 4, 2014

Argonne National Laboratory

ANL and Inventors – Strong Reputation

BASF collaboration with ANL on patent

protection and commercialization of

ANL Technology.

5

November 4, 2014

Argonne Battery Technology

Patent Confirmed by U.S. Patent Office

NMC cathode technology as described in this

patent can be found in commercial consumer

and vehicle lithium-ion batteries.

6

November 4, 2014

NCM Product Overview

Broad range of available

compositions

0.0 0.2 0.4 0.6 0.8 1.0

0.0

0.2

0.4

0.6

0.8

1.0 0.0

0.2

0.4

0.6

0.8

1.0

NCM-111

NCM-433

NCM-424 NCM-523

NCM-622

NCM-514 NCM-811

Co (LCO)

Ni (LNO) Mn (LMO)

NCM-929

HE-NCMs

HV spinel

LNCO

NCM-415

High capacity region

Lower cost region

Ni

High stability region

NCM COMPOSITION DIAGRAM

HE-NCM:

Discharge Capacity: 260 Ah/kg @ 0.1C

HV-Spinel:

Discharge Capacity: 140 Ah/kg @ 1C

NCM 111: Li1+x(Ni0.33Co0.33Mn0.33)1-xO2

Discharge Capacity: 154 Ah/kg @ 0.1C

NCM 523: Li1+x(Ni0.5Co0.2Mn0.3)1-xO2

Discharge Capacity: 164 Ah/kg @ 0.1C

NCM 424: Li1+x(Ni0.4Co0.2Mn0.4)1-xO2

Discharge Capacity: 155 Ah/kg @ 0.1C

NCM 622

Discharge Capacity: 178 Ah/kg @ 0.1C

Sta

te-o

f-th

e-a

rt

Hi N

ick

el

Mn

ric

h

NCM 811 and others

Discharge Capacity: >185 Ah/kg @ 0.1C

1

2

3

7

November 4, 2014

NCM & LFP Cathode Materials

Fully operational production

plants

Suitable for NCM materials

as well as for next generation

high energy NCM

BASF Battery Materials - Manufacturing

NCM plant – Elyria, Ohio

Electrolytes - Zachary, Louisiana and Suzhou, China

Electrolytes

State-of-the-art

manufacturing technology

Global presence: North

America and China

BASF Global Presence – includes R&D and Pilot Production in Ludwigshafen, Germany

8

November 4, 2014 9

BASF’s battery materials portfolio:

Driving Your Success

Solid IP position ANL license for NCM cathode

materials

Ovonic patents for NCM

precursors

LFP license from LiFePO4+C

Licensing AG

VC license from Mitsubishi

Chemicals

Strong R&D R&D Centers in the US, Europe

and Asia

Strong development pipeline for

cathode materials and electrolytes

Global expert network to support

BASF’s R&D

Broad portfolio NiMH Technology from Ovonic

Batteries

Formulated electrolytes

NCM and LFP cathode materials

Li-Sulfur development together

with Sion Power

Global presence NCM production in Elyria, Ohio US

LFP production in Germany

Electrolyte production in Baton

Rouge (US) and Suzhou (China)

Customer application centers in

the US, Germany, China and

Japan

BASF’s

Battery

Materials:

Customer

centric

November 4, 2014

Marked capacity increase at slightly lower voltage “High Energy”

Discharge profiles HE-NCM vs. NCM-111

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

0 50 100 150 200 250 300

Capacity [Ah/kg]

HE-NCM

NCM-111

Vo

ltag

e [V

]

E = Q × U

Discharge profiles HV spinel vs. NCM-111

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

0 Capacity [Ah/kg]

Vo

ltag

e [V

]

50 100 150

NCM-111

HV spinel

E = Q × U

Performance benefit calculated in a model cell

Gravimetric energy

density [Wh/kg]

Volumetric energy

density [Wh/l]

NCM-111 219 606

HE-NCM +15% +5%

HV spinel +8% +8%

Marked voltage increase at slightly lower capacity “High Voltage”

HE NCM HV Spinel

High Energy Cathode Materials

Overview about next generation cathode materials

10

November 4, 2014

BASF Battery Materials

Global footprint

NCM production

NCM production plant in

Elyria, US (2.4 kt)

Application labs,

research centers

Amagasaki, Japan.

Further application labs

in the US, China and

Germany

Research centers in the

US and Germany

Ele

ctr

oly

te

pro

du

cti

on

Production

capacity in Suzhou,

China.

Further capacity in

Louisiana

LFP production LFP production in

Ludwigshafen and

Weimar, Germany

(3.0 kt)

11

November 4, 2014

BASF Collaboration with ANL

Multiple Fields including Battery and Agricultural

BASF is proud licensee of ANL NCM Cathode

Technology

Active development of next generation NCM

Materials

Capital Investment for Commercialization

− Elyria, Ohio factory for NCM Calcination

− Acquisition of Ovonic Precursor

Patent Collaboration

12

Thank you

13