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-0.038540949759119 -0.038540949759119 -0.038540949759119 -0.038540949759119 0.000894700619408237 0.000137646249139757 0.000137646249139757 0.0013764624913972
Stock impact report

Licensee of Asahi Kasei Technology Begins Commercial Production of High-Purity Carbonates Using CO2 as Main Feedstock in China

ASAHI KAISEI CRP UNSP/ADR (AHKSY) 
NASDAQ:AMEX Investor Relations: asahi-kasei.co.jp/asahi/en/ir
Company Research Source: Business Wire
DÜSSELDORF, Germany & TOKYO & NOVI, Mich.--(BUSINESS WIRE)--Jiangsu Sailboat Petrochemical (Sailboat) started commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province, the People's Republic of China, in November 2024. The plant uses technology licensed from Asahi Kasei for the production of high-purity ethylene carbonate (EC) and dimethyl carbonate (DMC) with carbon dioxide (CO2) as a main raw material. Both carbonates are used as electrolyte solvents in lithium-ion batteries for electric vehicles.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205198688/en/Sailboat's new plant for high-purity EC and DMC using the Asahi Kasei process technology (Photo: Business Wire)In the early 2000s, Asahi Kasei developed process technology to produce various chemical products using CO2 as a main raw material. The technology has been licensed to chemical companies globally, with the first licensee starting the Show less Read more
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