The task of BASF New Business GmbH, a subsidiary of BASF SE, is to identify, open up and establish new areas in the market of industry beyond the core activities of BASF. This makes us an incubator and accelerator of chemistry-based ideas and a source of innovative solutions, which we bring to the market fast, applying a flexible approach.

One of the working groups in the BASF New Business is the Business Build-Up E-Power Management that focusses among others on medium and large scale non-lithium battery technologies, especially on Sodium-Sulphur (NaS) and all-iron Redox-Flow (RFB) batteries.