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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.
Asahi Kasei Microdevices (AKM) has introduced the AP4473, an ultra-low power DC-DC step-up converter that boosts input voltages as low as 15 millivolts (mV) while consuming only 26 nanoamperes (nA). This new product aims to enable battery-free operations for devices like smartwatches and IoT sensors by harvesting thermal energy, thus eliminating reliance on primary batteries. The AP4473's design includes a PMOS switch and hysteresis comparators to manage power supply efficiently with fewer components, reducing size and costs. It is suited for applications in asset tracking, environmental monitoring, and IoT.
Asahi Kasei has completed the construction of its second Ceolus™ microcrystalline cellulose (MCC) plant at Mizushima Works in Japan, signaling a commitment to meet soaring demand for this product. The groundbreaking occurred in September 2021, with an investment of ¥13 billion, and the facility began trial operations in April 2023. Ceolus™ is critical in pharmaceutical manufacturing, providing enhanced stability and quality for tablet formulations. This facility aims to increase production capacity and support global distribution, thereby improving access to Ceolus™ for patients and manufacturers.
Asahi Kasei has developed a groundbreaking technology for recycling carbon fiber reinforced plastics (CFRP) alongside leading institutions in Japan. This method allows for the extraction of high-quality carbon fiber from CFRP and CFRTP waste, maintaining the material's original strength. The innovative electrolyzed sulfuric acid solution method decomposes waste efficiently, promoting a closed-loop recycling system and contributing to the circular economy. This technology targets practical application by 2030, potentially revolutionizing carbon fiber usage in the automobile industry and enhancing sustainability efforts.
Asahi Kasei is showcasing innovative technologies at CES 2023, emphasizing the intersection of sustainability and advanced mobility. Their new concept vehicle, AKXY2, highlights the integration of recycled materials aimed at enhancing safety and functionality. The Smart Cloak Gateway™ offers a secure solution for home deliveries, while advancements in VR/AR technology aim to improve user experience. The company focuses on developing sensors for air quality and impaired driving detection, reflecting its commitment to future living standards.
Asahi Kasei has invested in Circularise B.V., a Dutch startup specializing in digital product passports and mass balance bookkeeping software, alongside Brightlands Venture Partners, 4impact capital, and Neste. This investment, made in November 2022, aims to enhance supply chain traceability and transparency, contributing to a sustainable circular economy. Circularise utilizes Smart Questioning technology and Zero-Knowledge Proofs to provide reliable supply chain management while maintaining stakeholder confidentiality. Asahi Kasei aligns this investment with its commitment to sustainability and carbon neutrality by 2050.
Asahi Kasei showcased their new AKXY2 concept car at CES 2023, emphasizing solutions for sustainable mobility. The vehicle features innovations like Active Road Noise Cancellation, millimeter-wave radar for child detection, and drunk driving prevention systems. The company highlighted its commitment to sustainability, integrating recycled materials and advanced technologies in the automotive sector. AKXY2 proposes a 'mobile living space' concept, aligning with modern consumer demands for comfort and eco-friendliness.
Asahi Kasei has announced the sale of Tufdene™ S-SBR and Asadene™ BR, produced using the mass-balance method, starting November 2022. The products, certified under ISCC PLUS, aim to meet the growing demand for sustainable materials, particularly for eco-friendly tires. Asahi Kasei plans to reduce CO2 emissions by integrating biomass and plastic waste in production. The company seeks to become a sustainable partner for customers while striving for carbon neutrality by 2050.
Asahi Kasei has acquired ISCC PLUS certification for several products, allowing it to manage biomass and recycled materials using the mass-balance method across its supply chain. The certified products include Acrylonitrile, Methyl methacrylate, and various types of rubber and plastic. This certification aligns with the company’s commitment to sustainability and carbon neutrality, enhancing its product offerings to meet global demands for eco-friendly solutions. Asahi Kasei aims to deepen collaboration with partners and further its sustainability goals.
Asahi Kasei has begun constructing an alkaline water electrolysis pilot test plant for hydrogen production at its Kawasaki Works in Japan, expected to commence operations in early 2024. This project, supported by Japan's NEDO, aims to enhance the efficiency of electrolysis equipment to adapt to renewable energy power fluctuations. With a focus on hydrogen as a strategic growth area, Asahi Kasei plans to commercialize larger alkaline water electrolysis systems by 2025, building on its previous trials since 2020.
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