March 30, 2017
Asahi Kasei Corp.

Asahi Kasei will increase production capacity for Hipore™ Li-ion battery (LIB) separator* at its plant in Moriyama, Shiga, Japan, with start-up scheduled in the first half of fiscal 2019.

With increasing demand for hybrid-electronic and all-electric vehicles worldwide, the LIB market is forecasted to grow substantially in automotive applications.

Asahi Kasei is the world's leading LIB separator manufacturer, supplying both wet-process and dry-process separators with its Hipore™ and Celgard™ products. Wet-process manufacturing plants are located in Japan (Moriyama, Shiga, and Hyuga, Miyazaki) and Korea (Chungbuk), while dry-process manufacturing plants are located in the US (North Carolina). Proactively expanding the LIB separator business as a strategic area of growth, Asahi Kasei plans to raise its total LIB separator capacity to 1,100 million m/y, including both wet process and dry process, by 2020.

Outline of the new Hipore™ capacity expansion

LocationMoriyama, Shiga, JapanCapacity200 million m/yearInvestment≈¥15 billionStart-upFirst half of fiscal 2019 (scheduled)

Upon completion of the new production line, Asahi Kasei's total LIB separator capacity will increase to 860 million m/year, with wet-process capacity being 610 million m/y and dry-process capacity rising to 250 million m/y through productivity improvements at existing plants. The capacity increases will further reinforce the company's capability to provide stable supply to meet rising global demand for LIB separators.

Asahi Kasei Corporation published this content on 30 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 March 2017 02:09:20 UTC.

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