The U.S. Department of Energy’s (DOE) Argonne National Laboratory and BASF, the world’s largest chemical company, recently announced that they have have signed a world-wide licensing agreement to mass produce and market Argonne’s patented composite cathode materials to manufacturers of advanced lithium-ion batteries.
The agreement includes a proposal for the the construction of a world manufacturing plant in Elyria, Ohio that will create hundreds of high paying green jobs. When completed, the facility is expected to be the largest cathode material production facility in North America.
The impact of such a facility is anticipated to be significant as the facility construction and staffing will have a positive economic impact for Ohio and will attract further businesses to North America.
Saturday, June 6, 2009
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