Asahi Kasei and Honda to form battery separator joint venture in Canada

Asahi Kasei and Honda signed a shareholders' agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture to produce lithium-ion battery separators. Honda will invest approximately C$417 million (US$300 million) for a 25% stake.

“The two companies plan to establish and start the operation of the joint venture company in early 2025, subject to obtaining permits and approvals from relevant authorities.”airfreight.news

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• airfreight.newsAsahi Kasei and Honda Sign Shareholders’ Agreement to convert existing Asahi Kasei subsidiary into joint venture for production of lithium-ion battery separators in Canada | Air Freight NewsDec 10, 2024

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