ACT-ion is working to ensure that future battery demand is met with a high-performance, cost-conscious, and energy efficient materials supply. ACT-ion is reimagining the production of cathode active materials for the battery market.

Feb 10, 2025 · The USD 7.5 million round was led by BASF Venture Capital, with participation from Hunt Energy Enterprises, Mirae Asset Capital, Arosa Capital Management, and LG Technology Ventures. ACT-ion will use the proceeds to accelerate its innovative CAM production technology, aiming to establish an operational pilot facility by 2025, with validations ...

DALLAS, Feb. 10, 2025 (GLOBE NEWSWIRE) -- ACT-ion Battery Technologies, a startup in the field of lithium ion battery cathode active materials (CAM), announced today the successful closing of...

Mar 26, 2024 · BASF has been selected by the U.S. Department of Energy (DOE) to begin award negotiations to receive up to $75 million – funded under the Bipartisan Infrastructure Law and Inflation Reduction Act (IRA) – for an investment project to introduce low-carbon syngas production from recycled chemical byproduct streams at its Freeport site.

Feb 10, 2025 · With the market need for novel battery materials, and the processes to produce them, ACT-ion’s mission to improve CAM aligns well with BASF efforts to deliver innovation to our customers...

Feb 12, 2025 · ACT-ion’s continuous process generates coated single crystal CAM leading to higher performance and longer cycle life lithium-ion batteries. ACT-ion has successfully demonstrated this manufacturing platform for a variety of chemistries.

Feb 11, 2025 · US lithium ion battery materials start-up ACT-ion Battery Technologies has raised USD 7.5 million (EUR 7.26m) in a pre-Series A funding round led by the venture arm of BASF SE (ETR:BAS) to support its plan to have an operational pilot facility by 2025.

At BASF, we create chemistry for a sustainable future. 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.

Feb 23, 2024 · Our Quality Management System is based on the plan-do-check-act approach and focuses on planning, implementation, evaluation and action. It is risk-based, process-oriented and focused on the satisfaction of our customers and stakeholders. Mandatory elements are set out in global requirements.

2 days ago · BASF Group is betting on the American electric battery industry, even with questions swirling around the country's EV market in the wake of the Trump administration's tariff plan. ... "The Inflation Reduction Act put pressure on manufacturers to source domestic material to be eligible for the EV tax credit," Nicewicz said. "Now, tariffs are ...