Asahi Kasei invests in US materials start-up

NFW FinalImageAsahi Kasei is to invest in US-based start-up Natural Fiber Welding, a producer of a non-petroleum-based leather alternative for automotive interiors.

As part of Japan-headquartered Asahi Kasei’s medium-term growth strategy and in co-operation with subsidiary Sage Automotive Interiors, a supplier of functional materials for automotive interiors, this strategic partnership is designed to help global automotive original equipment manufacturers in reducing the environmental burden of vehicles.

For the full story, see the November 2023 edition of MobileTex.


Photo: NFW