July 6, 2023, BASF signed a strategic cooperation agreement with Anhui Chiyu New Material Technology Co., Ltd. In promoting the development of the battery business, further strengthen the cooperation on the battery pack cover and box body.
Anhui Chiyu is an industry-leading company that develops and produces power battery pack covers and boxes. Previously, the two parties have conducted a series of discussions and evaluations in the fields of polyurethane and polyamide development and production of battery pack covers and battery pack boxes. According to the agreement, BASF and Anhui Chiyu will expand their partnership and jointly explore the battery business with their strong comprehensive core technologies, including in-depth cooperation on polyurethane materials used for battery pack covers and polyurethane materials used for battery pack boxes. Amide material development.
Desmond Long, vice president of BASF and head of the Performance Materials Department in Greater China, said: "In order to adapt to the development of the new energy vehicle industry, we continue to accelerate material innovation in the field of automotive batteries. To meet customers' needs for high-performance, safe and sustainable solutions. Our local and global R&D and production networks can also support us to respond quickly to customers. We hope to continue to cooperate with Chiyu to develop more battery materials .”
An Yu, chairman of Anhui Chiyu New Materials Co., Ltd. said: "We are very pleased to continue to deepen our cooperation with BASF. I believe that BASF's expertise in chemistry and materials, combined with Chiyu's expertise in batteries With the rich market and development experience on the cover and the box body, the cooperation between the two parties will definitely promote more innovations.”