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02.12.25 - 14:36
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Kingswood Capital Management Acquires Daramic, a Global Manufacturer and Supplier of Lead Battery Separators (Business Wire)
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CHARLOTTE, N.C.--(BUSINESS WIRE)--Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) is pleased to announce that it has acquired Daramic, a leading manufacturer and supplier of lead battery separators, from Japanese-based diversified chemical company Asahi Kasei. As part of the transaction, Chad Schuchmann, current CEO of Polypore, Asahi Kasei's microporous membrane and battery separator product division, will assume the role of Daramic's CEO.
Founded more than 90 years ago, Daramic is the global leader in high-performance polyethylene battery separators, mission-critical for automobiles, recreational vehicles, and many types of heavy machinery. The company has offices, facilities, and Centers of Innovation across North America, Europe, and Asia, and is dedicated to ensuring fast service, continuity of supply, and delivering industry-leading expertise in separator technology.
“I'm honored to take on the role of CEO at such a pivotal moment for Daramic and lead the compan...
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02.12.25 - 12:31
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Teijin, Asahi Kasei to Integrate Textile Units (Nippon)
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Tokyo, Dec. 2 (Jiji Press)--Major Japanese chemical makers Teijin Ltd. and Asahi Kasei Corp. said Tuesday that they will integrate their respective textile trading subsidiaries in 2026. Under the integration plan, Teijin Frontier Co., based in the western Japanese city of Osaka, is set to absorb Asahi Kasei Advance Corp., based in Tokyo, on Oct. 1 next year. Teijin will hold an 80 pct sta......
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01.12.25 - 14:36
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Asahi Kasei Advance and Teijin Frontier to Integrate Businesses for Sustainable Growth (Business Wire)
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TOKYO--(BUSINESS WIRE)--Asahi Kasei has announced that Asahi Kasei and Teijin Limited (“Teijin”) have entered into an agreement today to implement an absorption-type merger between Asahi Kasei Advance Corp. (“Asahi Kasei Advance”), a wholly owned subsidiary of Asahi Kasei, and Teijin Frontier Co., Ltd. (“Teijin Frontier”), a wholly owned subsidiary of Teijin, whereby Teijin Frontier will serve as the surviving company and become a joint venture between Asahi Kasei (20%) and Teijin (80%), effective October 1, 2026.
Asahi Kasei Advance was established in 2015 as a trading company primarily handling products from the Asahi Kasei Group, such as fibers, chemical products, and construction materials. Considering sustained business expansion, it was determined that operation of the business under Teijin Frontier, which combines trading company functions having strong global procurement capabilities and manufacturing functions to develop and produce high-performance fibers, providing unique solutions ...
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05.11.25 - 14:36
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Asahi Kasei lizenziert Elektrolyttechnologie an EAS Batteries (Electrive)
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Asahi Kasei hat mit dem deutschen Unternehmen EAS Batteries einen Lizenzvertrag für seine Acetonitril-basierte Elektrolyttechnologie unterzeichnet. Die Zusammenarbeit unterstützt die Entwicklung und Markteinführung einer neuen Lithium-Ionen-Zelle mit extrem hoher Leistung, die für anspruchsvolle Mobilitäts- und Industrieanwendungen vorgesehen ist....
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05.09.25 - 07:06
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Asahi Kasei to double chip insulating material output by 2030 as AI data centers soar (Digitimes)
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Japan's semiconductor materials suppliers are racing to expand capacity as the AI data center build-out drives unprecedented demand for advanced chips and packaging inputs. Nikkei reports that Asahi Kasei will invest JPY16 billion (US$108 million) to double production of PIMEL, its photosensitive insulating material used in GPUs and other high-end semiconductors, by fiscal 2030....
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31.07.25 - 16:54
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Asahi Kasei Q1 Net Income Declines (AFX)
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TOKYO (dpa-AFX) - Asahi Kasei Corp. (AHKSF), on Thursday reported a decline in net income for the first quarter of 2025, while revenue was slightly up from the prior year. Net income for the perio......
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31.07.25 - 12:01
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Asahi Kasei liefert Batterie-Separatoren an Toyota-Tochter (Electrive)
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Das japanische Technologieunternehmen Asahi Kasei ist eine strategische Partnerschaft mit Toyota Tsusho für die Lieferung von Lithium-Ionen-Batterieseparatoren in Nordamerika eingegangen. Die beiden japanischen Unternehmen wollen damit ihre US-Lieferketten stärken....
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