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Asahi Kasei invests in NFW for artificial leather · Endata

◂ Announcements

Oct 25, 2023INVESTMENTPeoria, Illinois, United States

Asahi Kasei invests in NFW for artificial leather

Asahi Kasei decided to invest in U.S.-based startup NFW, a producer of non-petroleum-based leather alternative MIRUM for car interiors. The partnership aims to develop and manufacture sustainable materials for automotive OEMs.

Status

Announced

ProductsMIRUM leather alternative

CompaniesAsahi Kasei investor Sage Automotive Interiors partner NFW partner

Sectors#Automotive Components #Specialty Chemicals

“The cooperation with NFW will enable Asahi Kasei and Sage to assist global automakers in reducing the environmental burden of their cars.”nonwovens-industry.com

1 source
nonwovens-industry.comAsahi Kasei Invests in Artificial Leather Producer - Nonwovens IndustrySaveOct 25, 2023

Summarized from public sources; check the original articles before acting on it.

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Nov 21, 2023EXPANSIONAbbeville, South Carolina, United States$10.4M95 jobsops 2025
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Oct 31, 2023EXPANSIONCharlotte, North Carolina, USA; Hyuga, Miyazaki, Japan; Pyeongtaek, Gyeonggi, South Korea, United States$267.0Mops Q2 2026
Asahi Kasei to invest ¥40B expanding LIB separator coating capacity globally
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Oct 26, 2023INVESTMENTPeoria, Illinois, United States
Asahi Kasei invests in US startup NFW for bio-based leather alternative
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Oct 25, 2023ACQUISITIONTokyo, Japan, Japan
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