BASF New Business GmbH (BNB) is a wholly owned subsidiary of BASF SE, the world leading chemical company. BNB identifies and generates new businesses beyond the core business but within target portfolio of BASF Group. In the field of energy storage. BNB sells high-energy, long-duration sodium-sulphur batteries (NAS' Batteries) for stationary applications. NAS' Batteries are designed for stationary energy storage and feature large capacity, long duration, long life, enhanced safety, and environmental benignity. NAS' Batteries are ideally suitable for renewable energy stabilization and integration into the grid or grid upgrade deferral, as well as for microgrid applications.