BASF's next battery chemical investment likely in Germany - CEO in Manager Magazin
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FRANKFURT (Reuters) - Germany's BASF will likely pick Germany as the site for its next plant to produce chemicals for batteries used in electric cars, the group's CEO told Manager Magazin.BASF is building a factory to make cathode materials for batteries in Harjavalta, Finland, close to a nickel and cobalt refinery of raw materials partner Norilsk Nickel .This is part of a larger 400 million euro (£345 million) investment plan to serve the European market for batteries that go into electric..