Asahi Kasei America to spend $1.56 Billion to expand into new space in Port Colborn Ontario.
Port Colborn, Ontario — According to state and local development sources, Asahi Kasei America plans to invest $1,560,000,000.00 to build out new space in Port Colborn. The company plans to occupy the new space in Port Colborn, on or about April 1, 2027. According to the company website The Asahi Kasei Group is a diversified group of companies led by Asahi Kasei Corporation, a Japanese multinational company, with operations in the Material, Homes, and Health Care Sectors. Since its foundation in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. Asahi Kasei innovates a diverse range of products from performance resins and biodegradable textiles for automotive applications, electronic parts and systems used in smartphones, housing and construction materials, and pharmaceuticals to medical devices such as defibrillators that save people’s lives. There are more than 11,000 employees in North America and 46,000 around the world, serving customers in more than 100 countries. The Asahi Kasei Group aims to contribute to a carbon-neutral and sustainable world from the perspective of Care for Earth by focusing on initiatives such as the use of biomass raw materials, recycled raw materials, and renewable energy. The company strives to meet the expectations of its customers and society by further advancing the provision of products and services with such sustainable characteristics while deepening collaboration with other companies to reach a carbon-neutral society by 2050. To learn more, visit the Asahi Kasei Sustainability homepage.
To learn more about Asahi Kasei America, visit http://www.ak-america.com/
Company Contact:
Koshiro Kudo, President
koshiro.kudo@ak-america.com
212-371-9900
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