STOCK TITAN

ASAHI KAISEI CRP UNSP/ADR - AHKSY STOCK NEWS

Welcome to our dedicated page for ASAHI KAISEI CRP UNSP/ADR news (Ticker: AHKSY), a resource for investors and traders seeking the latest updates and insights on ASAHI KAISEI CRP UNSP/ADR stock.

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.

Rhea-AI Summary

Asahi Kasei Pharma is inviting proposals for drug development research, offering funding of up to US$200,000 annually for selected applications over a period of 1-3 years. The application window runs from January 5, 2023 to February 28, 2023. The focus areas include autoimmune, renal, neurodegenerative, and bone diseases, alongside platform technologies for drug discovery. Established in 2016, Asahi Kasei Pharma has funded over 20 proposals and aims to foster innovation through collaborations with global researchers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
-
Rhea-AI Summary

Asahi Kasei and Crystal IS have reported that their experimental Klaran™ WR UVC LED water treatment reactor outperformed traditional mercury lamp systems by over 75% in bacterial performance tests. The reactor operates at the same power level (6 W) while being lighter, smaller, and safer, contributing to a mercury-free environment. This advancement aligns with the stricter regulations following the Minamata Convention, promoting energy efficiency and safer water treatment. Asahi Kasei aims to replace mercury lamps with UVC LEDs in various applications.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
none
-
Rhea-AI Summary

Asahi Kasei is launching new grades of XYRON™ modified polyphenylene ether (mPPE) to enhance 5G applications in North America and Europe. These materials offer improved connectivity, lighter weight, and higher heat resistance than traditional metals. Key features include low dielectric permittivity and high hydrolysis resistance, resulting in better efficiency for 5G smartphone antennas and base stations. The new recycled PET/PPE alloys utilize 40% post-consumer materials, supporting sustainability. XYRON™ will be showcased at K 2022 in Düsseldorf from October 19-26.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
Rhea-AI Summary

Asahi Kasei has announced a trial to test its K-GIS zeolite adsorbent for purifying biogas at Kurashiki City's sewage treatment plant. The System aims to efficiently separate CO2 from biogas, generating high-purity biomethane. Aiming for operational launch by the end of 2023, the project aligns with the company's carbon neutrality goals. The partnership with Kurashiki City emphasizes the importance of decarbonization. If effective, this technology could lead to a carbon-negative cycle through carbon capture, utilization, or storage.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
none
-
Rhea-AI Summary

Asahi Kasei will unveil its AKXY2 concept car at K 2022 in Düsseldorf, Germany, from October 19-26. This model showcases the company's advanced technology and sustainable materials, including innovative particle foams and bio-based fillers aimed at electric vehicles. Key materials on display include polycarbonates produced using CO2 as a raw material and premium microfiber Dinamica®. The AKXY2 also features cellulose-based materials and next-gen engineering plastics. Asahi Kasei emphasizes its commitment to sustainability and innovation across its diverse product portfolio.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
conferences
-
Rhea-AI Summary

Asahi Kasei Bioprocess America will showcase its MOTIV™ Buffer Management Technology at ACHEMA 2022 in Frankfurt, scheduled from August 22-26, 2022. This innovative system blends buffers from concentrates in small, single-use bags, significantly enhancing efficiency and precision in pharmaceutical production. It has received multiple accolades, including ‘Best in Show’ at Interphex 2017 and ‘Technology of the Decade’ from Bioprocess International in 2012. The system supports rapid and sustainable pharmaceutical manufacturing, allowing medicines to reach patients globally faster.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
-
Rhea-AI Summary

Asahi Kasei has developed a new system for calculating the carbon footprint (CFP) of its synthetic rubber and elastomers products, which will start providing data to customers from June 2022. The system utilizes the DEEP group-wide management infrastructure for enhanced CFP visualization and reduction strategies. Asahi Kasei aims for carbon neutrality by 2050, incorporating sustainable practices like using butadiene derived from plastic waste. This system is crucial as regulations on carbon footprints increase, and it tailors data to meet customer requirements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none
-
Rhea-AI Summary

Asahi Kasei has developed a new platform in collaboration with NTT DATA to monitor greenhouse gas (GHG) emissions and calculate carbon footprints for its performance plastics used in various industries. This initiative, part of its sustainability efforts, began in April 2022, with customer data sharing starting in May 2022. The platform aims to provide detailed insights into GHG emissions across the supply chain, enhancing accountability and supporting decarbonization. Asahi Kasei remains committed to achieving carbon neutrality by 2050.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Asahi Kasei Medical announced on April 14, 2022, the acquisition of Bionova Scientific, LLC, specializing in biopharmaceutical contract development and manufacturing. This strategic move enhances Asahi Kasei's bioprocess business, allowing it to offer advanced manufacturing capabilities for next-generation antibody drugs. Bionova's GMP-compliant facility and expertise in complex biopharmaceuticals are set to meet increasing market demand. The acquisition is pending necessary regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags

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 $14.89 as of September 20, 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 10.0B.

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.

How many employees does Asahi Kasei have globally?

Asahi Kasei employs more than 48,000 people worldwide.

ASAHI KAISEI CRP UNSP/ADR

OTC:AHKSY

AHKSY Rankings

AHKSY Stock Data

9.97B
1.30B
0%
Chemicals
Basic Materials
Link
United States of America
Tokyo