19 March 2015
ABOUT Asahi Kasei FDK Energy Device Co., Ltd. (AFEC)
DETAILS
Asahi Kasei and FDK
today agreed to dissolve
Asahi Kasei FDK Energy Device Co., Ltd. (AFEC),
their joint-venture company for
the lithium ion capacitor (LIC) business,
on June 30, 2015.
AFEC was established in October 2011
as a joint-venture company
to accelerate the development of the LIC market
by combining
FDK’s cell and module technology and production technology
with Asahi Kasei’s unique basic cell technology, and
a certain degree of progress was achieved.
However, due to subsequent changes in the operating environment,
the pace of expansion of the LIC market was slower than expected,
especially when compared to other energy storage devices.
Asahi Kasei and FDK therefore determined that
the business would be best managed independently,
with each party focusing on
its own respective management strategy.
Based on this understanding, an agreement was concluded
whereby Asahi Kasei will transfer its shares in
Asahi Kasei will continue
to develop competitive power storage devices
by leveraging its unique material technologies, as well as
creating new businesses by utilizing
its existing energy storage materials technology.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
