January 11, 2018
Asahi Kasei Corp.

Asahi Kasei will increase production capacity for Celgard™ and Hipore™ Li-ion battery (LIB) separator* at its plants in North Carolina, the US, and Shiga, Japan, respectively.

With increasing demand for electric-drive vehicles worldwide, the LIB market is forecasted to grow substantially in automotive applications. Asahi Kasei holds a world-leading position as an LIB separator manufacturer, supplying both dry-process and wet-process separators with its Celgard™ and Hipore™ products. Dry-process manufacturing plants are located in the US (North Carolina) while wet-process manufacturing plants are located in Japan (Moriyama, Shiga, and Hyuga, Miyazaki) and Korea (Chungbuk). The expansions announced today are part of a proactive expansion of the LIB separator business, in line with the company's plans to raise total capacity to 1,100 million m/year by 2020 as announced in May 2016.

Total investment for both wet and dry process expansions will be approximately ¥7.5 billion.

When completed, the above expansions will raise Asahi Kasei's total LIB separator capacity to 1,100 million m/year, with dry-process capacity increasing to 400 million m/year and wet-process capacity increasing to 700 million m/year. The company will continue to further reinforce its capability to provide stable supply to meet rising global demand for LIB separators in accordance with customer needs.



Asahi Kasei Corporation published this content on 11 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 January 2018 02:09:01 UTC.

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