Asahi Kasei and Honda sign agreement for lithium-ion battery separator JV in Canada

Asahi Kasei and Honda signed a shareholders' agreement to convert Asahi Kasei's Canadian subsidiary E-Materials Canada Corporation into a joint venture for lithium-ion battery separator production. Honda will invest approximately C$417 million (US$300 million) for a 25% stake.

“Honda will invest a total of approximately C$417 million (approximately US$300 million) combining the subscription of new shares and other investment in this joint venture.”global.honda

• 1 source
• global.hondaAsahi Kasei and Honda Sign Shareholders’ Agreement to Convert Existing Asahi Kasei Subsidiary into Joint Venture for Production of Lithium-ion Battery Separators in Canada | Honda Global Corporate WebsiteNov 1, 2024

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