Asahi Kaisei Adr Stock Price, News & Analysis

Asahi Kasei and its subsidiary Crystal IS have introduced a new next-generation Klaran single-chip UVC LED that emits 160 mW in the germicidal range of 260-270 nm. This breakthrough represents a 60% increase over previous models, enhancing the efficiency in replacing low-pressure mercury lamps. The compact design remains compatible with existing systems, while the improved output facilitates broader applications in water and air treatment. The new UVC LEDs utilize a rigid fused silica lens for better light transmission and longevity. Commercial release is anticipated later in 2023.

Asahi Kasei and its subsidiary, Crystal IS, have released lifetime characterization data for the Klaran LA UVC LED after over 10,000 hours of testing. The results show a projected L70 lifetime of over 25,000 hours at a temperature of 35°C, exceeding traditional low-pressure mercury lamps. This innovation aims to assist partner companies in water, air, and surface treatment, emphasizing the company's commitment to effective disinfection technology. Eoin Connolly, CEO of Crystal IS, highlighted the significant performance and reliability of Klaran products, reinforcing the brand's reputation for quality in the UVC LED market.

Asahi Kasei Microdevices (AKM) has introduced the AP4473, an ultra-low power DC-DC step-up converter that boosts input voltages as low as 15 millivolts (mV) while consuming only 26 nanoamperes (nA). This new product aims to enable battery-free operations for devices like smartwatches and IoT sensors by harvesting thermal energy, thus eliminating reliance on primary batteries. The AP4473's design includes a PMOS switch and hysteresis comparators to manage power supply efficiently with fewer components, reducing size and costs. It is suited for applications in asset tracking, environmental monitoring, and IoT.

Asahi Kasei has completed the construction of its second Ceolus™ microcrystalline cellulose (MCC) plant at Mizushima Works in Japan, signaling a commitment to meet soaring demand for this product. The groundbreaking occurred in September 2021, with an investment of ¥13 billion, and the facility began trial operations in April 2023. Ceolus™ is critical in pharmaceutical manufacturing, providing enhanced stability and quality for tablet formulations. This facility aims to increase production capacity and support global distribution, thereby improving access to Ceolus™ for patients and manufacturers.

Asahi Kasei has developed a groundbreaking technology for recycling carbon fiber reinforced plastics (CFRP) alongside leading institutions in Japan. This method allows for the extraction of high-quality carbon fiber from CFRP and CFRTP waste, maintaining the material's original strength. The innovative electrolyzed sulfuric acid solution method decomposes waste efficiently, promoting a closed-loop recycling system and contributing to the circular economy. This technology targets practical application by 2030, potentially revolutionizing carbon fiber usage in the automobile industry and enhancing sustainability efforts.

Asahi Kasei is showcasing innovative technologies at CES 2023, emphasizing the intersection of sustainability and advanced mobility. Their new concept vehicle, AKXY2, highlights the integration of recycled materials aimed at enhancing safety and functionality. The Smart Cloak Gateway™ offers a secure solution for home deliveries, while advancements in VR/AR technology aim to improve user experience. The company focuses on developing sensors for air quality and impaired driving detection, reflecting its commitment to future living standards.

Asahi Kasei has invested in Circularise B.V., a Dutch startup specializing in digital product passports and mass balance bookkeeping software, alongside Brightlands Venture Partners, 4impact capital, and Neste. This investment, made in November 2022, aims to enhance supply chain traceability and transparency, contributing to a sustainable circular economy. Circularise utilizes Smart Questioning technology and Zero-Knowledge Proofs to provide reliable supply chain management while maintaining stakeholder confidentiality. Asahi Kasei aligns this investment with its commitment to sustainability and carbon neutrality by 2050.

Asahi Kasei showcased their new AKXY2 concept car at CES 2023, emphasizing solutions for sustainable mobility. The vehicle features innovations like Active Road Noise Cancellation, millimeter-wave radar for child detection, and drunk driving prevention systems. The company highlighted its commitment to sustainability, integrating recycled materials and advanced technologies in the automotive sector. AKXY2 proposes a 'mobile living space' concept, aligning with modern consumer demands for comfort and eco-friendliness.

Asahi Kasei has announced the sale of Tufdene™ S-SBR and Asadene™ BR, produced using the mass-balance method, starting November 2022. The products, certified under ISCC PLUS, aim to meet the growing demand for sustainable materials, particularly for eco-friendly tires. Asahi Kasei plans to reduce CO2 emissions by integrating biomass and plastic waste in production. The company seeks to become a sustainable partner for customers while striving for carbon neutrality by 2050.