Daramic, LLC’s Post

Earlier today, Asahi Kasei announced the establishment of a new lithium-ion battery separator plant in Canada. Following this announcement, President Koshiro Kudo held a press conference to discuss the details of the new initiative. This marks a significant step in our commitment to the electrification and sustainability sectors. Kudo highlighted in his press conference: "The North American EV market is expected to see substantial growth in the mid to long term. We are not only investing in this initial phase but are also planning for a second and third phase to become the leading supplier of LIB separators across North America, Japan, and Korea. Our goal is to capture over 30% market share in North America." He added, "With our Hipore™ wet process separator, we aim to reach sales of approximately 160 billion JPY (around 1.1 billion USD*). Furthermore, Kudo emphasized the company's commitment to environmental responsibility: "By enabling carbon neutrality, we are committed to fulfilling our group mission of contributing to life and living for people around the world." We are excited about the future prospects this new facility brings as we continue to lead in the EV market and push towards a more sustainable future. You can see the presentation by Kudo here: https://lnkd.in/e5adNc-y (*Converted at $1 = 145 yen) #CreatingforTomorrow #EVs #Sustainability #Innovation #BatteryTechnology #LIB #Separator