BASF and Tekion Inc. Sign Deal to Co- Develop Technology for Fuel Cells
Tekion President & CEO Neil Huff Tells NWN About Companyâ€™s Corporate Agreements and the Importance of Nanotechnology to Fuel Cells Development.BASF, a leading German chemical company and the worldâ€™s largest producer of formic acid, will develop and test dedicated formic acid formulations for fuel cells developed by Canada-based Tekion. Both companies will also work together on the development of applicable standards and will share knowledge on materials compatibility for fuel cells. â€śWe intend to leverage the tremendous knowledge base that BASF has in formic acid based products with Tekionâ€™s knowledge in fuel cell systems to commercialize the Formira Power Pack,â€ť Mr. Neil Huff told NWN this month.
Tekionâ€™s collaboration with BASF is the second corporate collaboration for the company. â€śTekion previously formed a strategic relationship with Motorola resulting in an investment in Tekion by Motorola Ventures in August of 2005. The BASF collaboration is our first relationship with a strategic supplier,â€ť explains Mr. Huff.
Nanoscale technologies are critical to Tekionâ€™s advancements in fuel cell technologies. â€śMiniaturization is critical to the success of fuel cells in portable electronics; â€¦advanced nanomaterialsâ€¦improve catalysis and mass transfer to reduce the overall size and efficiency of the fuel cell stack. Also, physical nanoscale technologies such as MEMS pumps and electronics miniaturizationâ€¦play a vital role,â€ť observes Huff.