Volume 96 Issue 6 | p. 15 | Concentrates
Issue Date: February 5, 2018

Business Roundup

Department: Business
Keywords: Business Roundup, BASF, Thermo Fisher Scientific

Thermo Fisher Scientific says it will make $50 million in new investments because of the benefits it is receiving under recently enacted U.S. tax reform legislation. The investments include $34 million for a one-time, $500 bonus to 68,000 nonexecutive employees worldwide and $16 million for R&D, sustainability, and philanthropic activities.

BASF has granted a sublicense to Hunan Reshine New Material to make nickel-cobalt-manganese lithium-ion battery cathode materials. BASF licensed the original patents from Argonne National . . .

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