Transfer of lithium-ion battery separator business by corporate separation (simplified absorption-type separation)Separation Agreement • February 6th, 2024
Contract Type FiledFebruary 6th, 2024Asahi Kasei's Board of Directors has today adopted a resolution to execute a separation agreement (Separation Agreement) regarding the transfer of its Hipore™ lithium-ion battery separator1 business (The Business) to Asahi Communication Corp., a wholly owned subsidiary of Asahi Kasei, which is scheduled to change its name to Asahi Kasei Battery Separator Corp. (AKBSC), with an effective date of October 1, 2024 (scheduled), by absorption-type separation (The Separation).