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Stock impact report

Asahi Kasei Battery Separator Corporation Breaks Ground on Lithium-ion Battery Separator Plant in the Niagara Region

ASAHI KAISEI CRP UNSP/ADR (AHKSY) 
NASDAQ:AMEX Investor Relations: asahi-kasei.co.jp/asahi/en/ir
Company Research Source: Business Wire
TOKYO & NOVI, Mich. & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Battery Separator Corporation marked a significant step in its commitment to supporting the North American electric vehicle (EV) market by breaking ground on its new lithium-ion battery separator manufacturing facility in Port Colborne, Ontario, Canada. The plant is expected to begin commercial production in 2027, subject to obtaining permits and approvals from relevant authorities. It is planned to operate as a joint venture facility between Asahi Kasei and Honda.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118853584/en/The groundbreaking ceremony (Photo: Business Wire)The groundbreaking ceremony, held on November 14, welcomed several government officials as well as Asahi Kasei and Honda executives. The facility, expected to create more than 300 full-time jobs in the first phase, will have the capacity to produce approximately 700 million squa Show less Read more
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