ASAHI KAISEI CRP UNSP/ADR - AHKSY STOCK NEWS

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Asahi Kasei Corporation (symbol: AHKSY) is a diversified Japanese technology and manufacturing company dedicated to contributing to life and living globally. Since its foundation in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has continuously transformed its business portfolio to meet evolving market demands. The company operates through three primary sectors: Material, Homes, and Health Care.

In the Material sector, Asahi Kasei produces a wide array of products, including battery separators, biodegradable textiles, engineering plastics, and sound solutions. Recently, the company announced a significant investment in an integrated plant in Ontario, Canada, for manufacturing Hipore™ wet-process lithium-ion battery separators, in partnership with Honda and the Development Bank of Japan.

In the Health Care sector, Asahi Kasei focuses on devices and systems for acute critical care, dialysis, therapeutic apheresis, and the manufacturing of biotherapeutics. The company recently completed the construction of its third assembly plant for Planova™ virus removal filters in Japan and announced the launch of a new plasmid DNA manufacturing facility in Texas, USA, through its subsidiary, Bionova Scientific.

Asahi Kasei is also making strides in the renewable energy sector with its hydrogen business. The company celebrated the opening of a new hydrogen pilot plant in Kawasaki, Japan, marking a significant milestone toward commercializing large-scale alkaline water electrolysis systems for green hydrogen production.

In addition to these advancements, Asahi Kasei is committed to sustainability, aiming to reach carbon neutrality by 2050. The company's R&D initiatives include the development of high ionic conductive electrolytes for lithium-ion batteries, which promise enhanced performance and durability at extreme temperatures.

Asahi Kasei's recent partnership with Axolabs to establish a cutting-edge oligonucleotide cGMP manufacturing facility in Berlin underscores its commitment to innovation in the biopharmaceutical industry. This collaboration aims to accelerate the development and commercialization of oligonucleotide-based therapies to improve patient quality of life globally.

With over 48,000 employees worldwide, Asahi Kasei continues to be a global leader in providing innovative solutions to the world's challenges, ensuring sustainable growth and development.

02/28/2024 08:30 AM

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Asahi Kasei Microdevices’ New Current Sensor Enables Dramatically Smaller On-Board Chargers for Electric Vehicles

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Asahi Kasei Microdevices Corporation (AKM) has commenced mass production of the CZ39 series of coreless current sensors, ideal for electric vehicle (EV) applications. The CZ39 series offers a 100 ns response time, low heat generation, and noise immunity, catering to the requirements of silicon carbide (SiC) and gallium nitride (GaN) power devices. This enables the creation of smaller, lighter, and more precise on-board charging systems for EVs.

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02/27/2024 10:00 AM

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Asahi Kasei Offers Pharmaceutical Excipient Ceolus™ with Nitrite Concentration of 0.1 ppm or Less

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Asahi Kasei introduces Ceolus™ microcrystalline cellulose with reduced nitrite levels to lower the risk of potentially carcinogenic nitrosamine impurities in pharmaceuticals and supplements. The company aims to enhance pharmaceutical safety by minimizing nitrite concentrations in its products.

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02/07/2024 08:30 AM

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Asahi Kasei Microdevices Has Developed a Tiny Analog-to-Digital Converter for Smart Security Sensors That Features Integrated Glass-Break Detection for Only 34 μA

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Asahi Kasei Microdevices Corporation has developed the AK5707, an ultra-low-power monaural 16-bit A/D converter equipped with the integrated Acoustic Activity Analyzer, making it suitable for IoT security applications. Operating at only 34µA, the AK5707's AAA block listens for acoustic events fitting user-customizable profiles and activates the device's built-in ADC upon detection, significantly reducing standby power and extending the end product's battery life. The AK5707's ADC block features significantly reduced power consumption without compromising on performance, achieving 95 dB SNR while consuming only 200 µA. The device is currently sampling, with mass production scheduled to begin in September 2024.

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01/19/2024 08:30 AM

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Sunrise CO2 Sensor from Asahi Kasei’s Subsidiary, Senseair, Unveils New Technology at AHR 2024 for Energy Efficiency and Air Quality

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Senseair, a subsidiary of the Asahi Kasei Group, introduces their Sunrise CO2 sensor to the market, aiming to optimize energy efficiency and enhance indoor air quality. The product will debut at the AHR 2024 conference, and the company emphasizes the importance of high-quality CO2 sensors in meeting new ANSI/ASHRAE standards.

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01/11/2024 01:39 PM

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Asahi Kasei acquires ISCC PLUS certification for several additional products

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Asahi Kasei and its affiliated company have acquired the ISCC PLUS certification for various products, aiming to contribute to a carbon-neutral material value chain. The certification ensures the appropriate management of biomass, recycled materials, etc., in the supply chain. Asahi Kasei will be able to provide ISCC PLUS certified grades of several products, solidifying its commitment to responsible material sourcing. The company also aims to deepen collaboration with other companies based on its medium-term management plan for fiscal 2024.

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01/08/2024 08:30 AM

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Asahi Kasei Microdevices Unveils Radar Technology for Car Safety and Elder Care at CES 2024

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Asahi Kasei Microdevices (AKM) introduces the AK581x, a new 60 GHz millimeter-wave radar transceiver integrated circuit (IC) developed in partnership with Pontosense. The technology aims to revolutionize automotive and home safety by wirelessly detecting children left behind in cars and monitoring elder care. The AK581x features a multi-channel architecture, supports a frequency modulation range up to 7 GHz, and offers high-resolution detection with automotive-level reliability. This innovative radar solution is set to debut at CES 2024 and has the potential to exceed current vehicle regulations and standards for child presence detection (CPD) globally.

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12/18/2023 08:00 AM

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Explore Sensing and Mixed-Signal Solutions in Automotive and HealthTech by Asahi Kasei Microdevices at CES 2024

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Asahi Kasei Microdevices (AKM) will return to CES 2024, showcasing sensing and mixed-signal solutions for mobility and health tech. AKM's exhibit will feature automotive audio demonstrations and a Millimeter-wave radar system. The event will provide an opportunity for AKM to present their latest innovations to industry peers and stakeholders.

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12/13/2023 08:00 AM

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Asahi Kasei develops novel membrane system to dehydrate organic solvents without heat or pressure – Contributing to process optimization in the pharmaceutical industry

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Asahi Kasei (AHKSY) has developed a novel membrane system for dehydrating organic solvents in pharmaceutical applications without the application of heat or pressure. The company has begun collaborating with Ono Pharmaceutical Co., Ltd. for the practical verification of this system. This system can optimize manufacturing processes in the pharmaceutical industry and is targeted for commercialization in 2027.

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12/06/2023 06:00 AM

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Asahi Kasei invests in Canadian manufacturer of anion exchange membranes

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Asahi Kasei (AHKSY) invests in Canadian startup Ionomr Innovations, specializing in anion exchange membrane (AEM) for green hydrogen production. Asahi Kasei's investment aims to leverage Ionomr's transformative membrane technology for cost-efficient and scalable green hydrogen production, aligning with Asahi Kasei's 'Care for Earth' investment framework.

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12/05/2023 08:30 AM

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Asahi Kasei launching demonstration trial on rental service for chlor-alkali electrolysis cells in Europe

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Asahi Kasei is launching a demonstration trial of a rental service for chlor-alkali electrolysis cells in Europe with Nobian GmbH and LOGISTEED Europe B.V. This innovative service aims to contribute to the circular economy and reduce customer burden. Asahi Kasei is a leading global process supplier, with over 30 million tons per year converted to 100% caustic soda. The company plans to expand the rental service to Asia and North America and enhance services by integrating system development capabilities.

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FAQ

What is the current stock price of ASAHI KAISEI CRP UNSP/ADR (AHKSY)?

The current stock price of ASAHI KAISEI CRP UNSP/ADR (AHKSY) is $14.1 as of November 22, 2024.

What is the market cap of ASAHI KAISEI CRP UNSP/ADR (AHKSY)?

The market cap of ASAHI KAISEI CRP UNSP/ADR (AHKSY) is approximately 9.9B.

What sectors does Asahi Kasei operate in?

Asahi Kasei operates in three primary sectors: Material, Homes, and Health Care.

What recent projects has Asahi Kasei announced?

Recent projects include a new integrated lithium-ion battery separator plant in Canada, a hydrogen pilot plant in Japan, and a plasmid DNA manufacturing facility in Texas, USA.

What is Asahi Kasei's commitment to sustainability?

Asahi Kasei is dedicated to reaching carbon neutrality by 2050 and contributes to sustainable practices across its business sectors.

Who are Asahi Kasei's key partners in recent ventures?

Key partners include Honda in the lithium-ion battery separator project and Axolabs in the oligonucleotide therapeutics manufacturing facility.

What are Asahi Kasei's contributions to the biopharmaceutical industry?

Asahi Kasei contributes through products like Planova™ virus removal filters and by expanding into plasmid DNA manufacturing for new therapeutic modalities.

Where is Asahi Kasei's new hydrogen pilot plant located?

The new hydrogen pilot plant is located in Kawasaki, Japan.

What is the Hipore™ wet-process separator used for?

The Hipore™ wet-process separator is used in lithium-ion batteries for electric vehicles and other energy storage applications.

How does Asahi Kasei support innovation in manufacturing?

Asahi Kasei supports innovation by investing in cutting-edge technologies like high ionic conductive electrolytes for lithium-ion batteries and developing advanced manufacturing equipment.

What are the benefits of Asahi Kasei's high ionic conductive electrolyte?

The high ionic conductive electrolyte allows for increased power output at low temperatures and improved durability at high temperatures, contributing to lower cost and smaller battery packs.