Merck has announced that it is selling its electrolytes business for high-performance batteries to BASF. The divestment encompasses the technologies and products for enhancing battery performance that Merck has developed, patented and in some cases brought to market. These include the complete line of finished electrolyte formulations in the SelectiLyte® brand, and a variety of additives for electrolytes used to produce lithium-ion batteries.
With its newly formed global Battery Materials business unit, BASF is positioning itself as a solution-oriented partner to manufacturers of batteries. In this context the electrolytes business of Merck will represent an important element.