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Worley Notes BASF Awards Contract for Battery Material Plant in Finland

03 Jul 2020  |  09:54:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: BASF awards contract for battery material plant in Finland

Worley noted that BASF SE (BASF) has awarded the Company a services contract for its European battery material investment project in Finland. The project is to build a plant that will produce precursor battery material for the European market. The plant will be powered by electricity generated from renewable energy sources such as hydro, wind and biomass. Under the contract, it will provide engineering, procurement and construction management services. This follows its completion of the early engineering and design services for this project. The plant will be built in Harjavalta, Finland, to produce battery material for the fast-growing electric vehicle market.

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