Germany's BASF started constructing a $50 million plant in Elyria, Ohio, to make cathode materials for lithium-ion batteries. "This new facility will put BASF and the state of Ohio at the leading edge of the North American cathode materials market," said Frank Bozich, president of BASF's catalysts division. The site is projected to become the "most advanced cathode-materials-production plant in North America," the company added.

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