Asahi Kasei Announces Port Colborne, Ontario, Canada as Location of Future Lithium-ion Battery Separator Plant

TOKYO & NEW YORK & DÜSSELDORF, Germany–(BUSINESS WIRE)–Asahi Kasei announced today that it will construct its previously announced integrated lithium-ion battery (LIB) separator plant in Port Colborne, which is in the Niagara region of Ontario, Canada. The new manufacturing facility will operate as Asahi Kasei Battery Separator Canada and is expected to create highly skilled, good paying jobs in manufacturing and construction. The start of commercial production is currently slated for 2027.

Koshiro Kudo, President & Representative Director of Asahi Kasei Corporation, who attended for the location announcement event, stated, “As demand for electric vehicles – and the lithium-ion batteries that power them – continues to rise, we are eager to bring the first Hipore™ wet-process lithium-ion separator manufacturing facility to Canada. Backed by the abundant renewable resources, skilled talent and strong local community support here in Port Colborne, we will be able to better serve our partners in the region as well as the broader North American automotive market from this facility.”

The Hipore™ wet-process separators to be produced at the Port Colborne facility are among the most highly engineered and critical components of LIBs used in EVs and other energy storage applications.

On April 25, 2024, Asahi Kasei announced an initial investment of approximately 180 billion JPY (CAD$ 1.56 billion) to install approximately 700 million square meters of annual Hipore™ separator capacity at this new Canadian facility.

Asahi Kasei will receive support for the project from the provincial government of Ontario, through its investment attraction agency, Invest Ontario, and will benefit from the federal government’s new Clean Technology Manufacturing Investment Tax Credit (ITC).

About Asahi Kasei Corporation

The Asahi Kasei Group contributes to life and living for people around the world as a diversified group of companies that operates in the Material, Homes and Health Care business sectors. Founded in Japan in 1922, Asahi Kasei has over 100 years of manufacturing experience and is a pioneer in battery-related technology. The core of its Energy Storage business is the lithium-ion battery separator – a microporous membrane that provides a barrier between the positive and negative electrodes of the battery, preventing short circuits while allowing lithium ions to pass from one side of the battery to the other.

To learn more about Asahi Kasei, visit: www.asahi-kasei.com

Contacts

North America Contact:

Asahi Kasei America Inc.

Christian OKeefe

christian.okeefe@ak-america.com

Europe Contact:

Asahi Kasei Europe GmbH

Sebastian Schmidt

sebastian.schmidt@asahi-kasei.eu