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Umicore and BASF enter into a patent cross-license agreement

Regional website Germany
©Umicore 3D open battery cell
©BASF Research on high-performance battery materials at BASF’s laboratory in Ludwigshafen, Germany

Umicore and BASF have entered into a non-exclusive patent cross-license agreement covering a broad range of cathode materials and their precursors, including chemistries such as nickel manganese cobalt (NMC), nickel cobalt aluminum (NCA), nickel manganese cobalt aluminum (NMCA) and high manganese (HLM).

Cathode materials are critical for the performance, safety and cost of lithium-ion batteries used in modern electromobility and other applications. The interplay between precursors and cathode materials and the development of these materials are crucial to maximize battery cell performance. For many years, Umicore and BASF have been investing intensively in product innovation for low, medium and high nickel precursors and cathode materials resulting in each company owning sizeable and largely complementary patent portfolios. 

Building on each other’s strong product technology expertise to support the technological needs of their customers, Umicore and BASF have entered into a landmark patent agreement allowing both partners to combine a wider range of IP-protected technologies related to features such as chemical composition, powder morphology and chemical stability. The agreement increases both parties’ ability to customize their materials to meet the increasingly diversified and complex customer requirements at the battery cell and application level. Furthermore, through this agreement both parties can increase even more their product development speed demonstrating their commitment to addressing the main challenges e-mobility is facing such as energy density, safety and cost while enhancing transparency and reducing IP-risks for battery cell manufacturers and their customers.

The agreement covers more than 100 patent families filed in Europe, US, China, Korea and Japan. Both parties retain the right to enforce their own IP-rights against third parties in the future. 

“This agreement with BASF is an important step in promoting cathode material innovation. It strengthens our technology positioning and further increases our ability to develop bespoke solutions which meet the most stringent performance and quality standards of our battery and automotive customers.”

Marc Grynberg, CEO of Umicore

“This agreement with Umicore enables even faster, more sustainable and innovative battery materials development to serve our customers including battery cell manufacturers and automotive OEMs.

The continuous development of battery materials will accelerate the transformation towards full electrification and thus support the world’s efforts to fight climate change.” 

Dr. Peter Schuhmacher, President of BASF Catalysts

Umicore Investor Relations

Eva Behaeghe

Eva Behaeghe

Senior Investor Relations Manager
T: +32 2 227 70 68

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Britta Werner

Britta Werner

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Marjolein Scheers

Marjolein Scheers

Director External Relations
T: +32 2 227 71 47