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4100 Toda Kogyo News Story

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Brief: Toda Kogyo says business alliance with BASF

Dec 15 (Reuters) - Toda Kogyo Corp  4100.T   
     
    * Says the co and unit Toda America Incorporated(TAI) forms 
business alliance with BASF Corporation 
    * Says two entities mainly cooperate on business related to 
electrode materials for lithium-ion battery in U.S.  
    * Says unit TAI will invest in BASF TODA America LLC, which 
was 
established by BASF Corporation, and transfer plant to BASF TODA 
America LLC, effective Feb. 28, 2018, to develop joint venture 
business  
 
     
    Source text in Japanese:https://goo.gl/Mh8nR2 
    Further company coverage: 4100.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111; 
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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