Asahi Kasei Corp. (TYO:3407) is accelerating a strategy to add value to its polyacetal (POM) operations. Asahi Kasei is the world’s only POM manufacturer to deal in both homopolymers with...
asahi kasei
Asahi Kasei Launches Series of New Nonwovens
Asahi Kasei Corp. (TYO:3407) is forging ahead with the development of new nonwoven fabrics and their applications. The Japanese chemical manufacturer has created CMC-Bemliese by carboxymethylating a portion of the...
New Trends Take Shape in Effort to Reduce Environmental Impact From Cars
Japanese companies are doggedly pursuing next-generation technologies to reduce the environmental impact of automobiles. One area is the coatless movement, where interior parts have been at the forefront. As part...
Asahi Kasei to Target Operating Profit of Over 200B Yen in Next Management Plan
Asahi Kasei Corp. (TYO:3407) aims to be making over 200 billion yen ($1.84 billion) in annual operating profit within its next medium-term management plan. The target was revealed by President...
Chemical and Material Manufacturers Eye Sustainable Growth in Health Care Sector
Chemical and material manufacturers are focusing their efforts in on the health care sector, seeing here little risk of fluctuation effects and as such expecting sustainable growth over the medium–long...
Asahi Kasei Aims to Bolster Sales of Automotive Engineering Plastics in Europe, China
Asahi Kasei Corp. (TYO:3407) is looking to bolster sales of its engineering plastics to foreign-owned automakers. In a move to develop its automotive-related business in Europe, Asahi Kasei established its...
Chemical Giants Achieve Record Profits for Fiscal 2017
Japan’s chemical industry has now seen all of its major players release their business results for fiscal 2017. And with petrochemical market prices at a high and price spreads growing,...
Asahi Kasei Looks to Combine High-Level Performance and Safety for LiB Separators
Asahi Kasei Corp. (TYO:3407) is planning to accelerate its R&D efforts for separators used in the lithium-ion batteries (LiBs) of next-gen electric vehicles (EVs). Improvements to cathode materials are continuing...
Asahi Kasei Mulls Investment in TPE Business Outside Japan
Asahi Kasei Corp. (TYO:3407) is considering looking overseas for the next expansion to its thermoplastic elastomer (TPE) business. The company is currently working to decide on a location, with one...
Japanese Companies Target Europe With Hydrogen Technology Due to Delays in Domestic Setup
A number of Japanese companies are moving to deploy technology for hydrogen energy to the European market. Asahi Kasei Corp. (TYO:3407) and Mitsubishi Hitachi Power Systems Ltd. have decided to...
Asahi Kasei Medical Forms Venture Fund for Dialysis, Bioprocess Fields
Asahi Kasei Medical Co. Ltd. has set up a corporate venture capital (CVC) fund to back new business development. The fund will invest in ventures that promise to take advantage...
Major Chemical Companies Post Record High Net Profits
Japan’s Major chemical companies released on Jan. 7 their financial results for the fiscal period spanning April–December 2017. Due to the high market conditions of petrochemical products during the period,...
Interview: Asahi Kasei President Hideki Kobori Highlights Growth Under New Company Structure
Asahi Kasei Corp. (TYO:3407) has been performing well under its current medium-term management plan, which has seen the company consolidate its subsidiaries in embrace of corporate integration. Company president Hideki...
Japanese Companies Eye European Hydrogen Energy Market
A number of Japanese companies have started making moves aimed at expanding into the European market for hydrogen energy. With Europe’s introduction of renewable energy moving forward at a rapid...
Chemical Industry Leader Outlooks for 2018 – Part 4: Semiconductors
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. Continuing on from discussions on the global economy, petrochemicals, and electric vehicles,...
Chemical Industry Leader Outlooks for 2018 – Part 3: Electric Vehicles
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. Continuing on from discussions on the global economy and petrochemicals, the executives...
Chemical Industry Leader Outlooks for 2018 – Part 2: Petrochemical
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. Continuing on from a discussion on the global economy, the executives gave...
Chemical Industry Leader Outlooks for 2018 – Part 1: The Global Economy
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. In this series, we hear from these executives on their outlooks for...
Mitsui Chemicals to Acquire Asahi Kasei’s Sunvieo TPS Business
Mitsui Chemicals Inc. (TYO:4183) announced on Nov. 13 that it will acquire Asahi Kasei Corp.’s (TYO:3407) Sunvieo thermoplastic styrene elastomer (TPS) business. Applications for Asahi Kasei’s TPS resin include instrument...
Price Hike Trend for Polyolefin Increases
The trend toward higher polyolefin prices is spreading as the bellwether spot naphtha price appears likely to top $600 in November. Some observers are estimating the October–December domestic Japanese benchmark...
