Asahi Kasei Corp. and Honda Motor Co. in Toykyo this morning that they have signed a shareholders’ agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture company. This agreement was reached as a result of continued discussions on collaboration for the production of lithium-ion battery separators in Canada based on the basic agreement announced on 25 April 2024. They plan to establish and start the operation of the joint venture company in early 2025, subject to obtaining permits and approvals from relevant authorities. (Read AutoInformed.com on: Lightweighting Avant-Garde – GM, BMW, Asahi Kasei, Mazda, Sika Automotive)

“At the beginning of October we launched Asahi Kasei Battery Separator as a new company for the Hipore™ separator business to achieve more nimble management for this essential component of lithium-ion batteries. I am confident that we can continue to leverage the technology and experience gained with Hipore™ as well as our global network and diverse personnel to realize innovations in batteries for the future of energy storage,” said Ryu Taniguchi, President & Representative Director, Asahi Kasei Battery Separator