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Asahi Kasei’s breakthrough Electrolyte enhances Lithium-ion battery performance

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NOIDA, India, Oct. 3, 2024 /PRNewswire/ — Asahi Kasei, the Japanese technology company, and a global leader in advanced materials, has successfully developed a groundbreaking electrolyte that significantly enhances the performance of lithium-ion batteries (LIBs). This technological advancement offers improved power output at low temperatures, increased durability at high temperatures, increased energy density at reduced battery size and cost.

The proprietary electrolyte1, developed by Asahi Kasei’s research team, is based on acetonitrile (AcN), a solvent known for its high ionic conductivity. By optimizing the combination of lithium salts, other solvents, and additives, Asahi Kasei has created an electrolyte that delivers superior performance in LIBs.

The paper was presented on October 3, 2024 by Yoto Iizuka from Asahi Kasei, at the Battery Show – a leading B2B platform for battery technology professionals. The paper detailed Asahi Kasei’s development of a novel electrolyte containing acrylonitrile (AcN) with exceptional battery performance.

Key Benefits of the New Electrolyte:

Enhanced Power Output: Increased performance even at low temperatures, ensuring reliable operation in various environments.Improved Durability: Extended service life at high temperatures, addressing a critical challenge in LIBs.Reduced Battery Size and Cost: Smaller battery packs with lower manufacturing costs, enabling more efficient energy storage solutions.

Yuto shared a statement made by Kazuya Noda, Senior General Manager of Asahi Kasei’s Innovation Strategy Center: “This proof of concept is a significant milestone in our ongoing research and development efforts. By licensing this technology to LIB manufacturers worldwide, we aim to contribute to a more sustainable future.”

Yuto explained the challenges in implementing AcN-containing electrolytes in lithium-ion cells that requires precise optimization of Lithium salts, other solvents, and combination of additives to ensure functionality and maximize performance. Asahi Kasei has successfully developed a combination of these ingredients that, when used with AcN, delivers superior performance in lithium-ion cells. The AcN-based electrolyte also enables designers to increase the coating thickness of the anode and cathode, thereby reducing the length of the winding. This results in significant cost savings and higher energy density by reducing the need for current collectors and lowering the dead space of the cells.

Indian battery industry being a highly cost-sensitive market, can benefit from this invention as it reduces cell prices. Given the industry’s preference for LFP (Lithium Iron Phosphate) technology due to safety and cost considerations, the AcN-based electrolyte is well-suited to LFP cells, bringing them closer to higher energy density batteries.

Asahi Kasei plans to commercialize the new electrolyte in 2025, making it available to the global battery industry. This breakthrough technology has the potential to revolutionize the electric vehicle and energy storage markets by offering improved battery performance and reducing costs.

LIBs are recommended to be used within a temperature range of 10 to 45°C. Charging at lower temperatures significantly reduces the battery power performance, which results in significantly lower cell capacity and power output, while charging at higher temperatures results in accelerated aging which reduces battery service life. With the rapidly emerging market of energy storage systems and electric vehicles, stable battery performance and high durability at extreme temperatures are important. 

Enabling battery size and cost reduction

Asahi Kasei is a pioneer in the field of lithium-ion battery research and battery material manufacturing. Asahi Kasei began developing an electrolyte with high ionic conductivity in 2010, when Honorary Fellow Akira Yoshino2 focused on acetonitrile as a promising ingredient in lithium-ion battery electrolytes. By using the high ionic conductive electrolyte, it is possible to reduce batteries pack size while maintaining the power output, contributing to higher battery energy density and lower overall pack cost.

About Asahi Kasei

The Asahi Kasei Group contributes to life and living for people around the world. Since its founding 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. With more than 48,000 employees worldwide, the company contributes to a sustainable society by providing solutions to the world’s challenges through its three business sectors of Material, Homes, and Health Care. Its Material sector, comprised of Environmental Solutions, Mobility & Industrial, and Life Innovation, includes a wide array of products from battery separators and biodegradable textiles to engineering plastics and sound solutions. For more information, visit https://www.asahi-kasei.com/.

Asahi Kasei is also dedicated to sustainability initiatives and is contributing to reaching a carbon-neutral society by 2050. To learn more, visit https://www.asahi-kasei.com/sustainability/.

To learn more about Asahi Kasei’s mobility-related products, visit https://asahi-kasei-mobility.com/en/news-events/.

References:

1 Moderately Concentrated Acetonitrile-containing Electrolytes with High Ionic Conductivity for Durability-oriented Lithium-Ion Batteries: https://chemistry-europe.onlinelibrary.wiley.com/doi/full/10.1002/celc.202100927
2 Special site featuring Dr. Akira Yoshino: https://www.asahi-kasei.com/asahikasei-brands/yoshino/

 

View original content:https://www.prnewswire.com/in/news-releases/asahi-kaseis-breakthrough-electrolyte-enhances-lithium-ion-battery-performance-302266805.html

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NEW BIG LOTS ‘FALL INTO SAVINGS’ DEALS KICK OFF ON OCT. 3

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October 4, 2024

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All outdoor Halloween Decor will be 20% off Oct. 3-6, in stores (with coupon) and online’Black Friday Fridays’ continue at Big Lots with 50% off all fall decorations only on Oct. 4Fall savings continue with the ‘Primetime Cyber Sale,’ 20% off home categories Oct. 7-9

COLUMBUS, Ohio, Oct. 3, 2024 /PRNewswire/ — Big Lots, Inc. (OTC: BIG), today unveiled new “fall Into Savings” deals including special savings on fall and outdoor Halloween decorations, home categories and more, beginning today, Oct. 3.

Fall savings begin with 20% off all outdoor Halloween decor, Oct. 3-6, in stores (get coupon here) and online. This week’s “Black Friday Fridays” special offer is 50% off all fall and harvest decorations for one-day only on Friday, Oct. 4 in stores and online. Next week, the “Primetime Cyber Sale” will offer 20% off home categories, Oct. 7-9, online only at biglots.com. Customers can shop these deals and more and find each promotion’s terms and conditions online at biglots.com.

“It’s October and beginning to feel like fall in many of our communities, now is the perfect time to upgrade your seasonal home décor and more and make your home spaces reflect the changing season,” said Shelly Trosclair, Co-Head Merchant, at Big Lots. “Whether your aim is to create the spookiest Halloween display on the street or prepare your home for hosting family and friends this fall, we’ve got you covered with extreme bargains across categories. Visit us online at biglots.com and create your shopping list today.”

Black Friday is every Friday at Big Lots throughout the holiday season, with every Friday being a Black Friday-level sales event, including special one-day deals up to 50% off, now through Dec. 6. Each week’s deal will be available in stores during Friday store hours.

Each week’s Black Friday Fridays deal will be revealed on Thursday mornings, and will include offers across product categories, including great holiday gift options, seasonal décor and more. Bargain shoppers who would like to be among the first to know about each week’s Friday deal can sign up to be a BIG Rewards member for free and receive the latest bargains news in their email inboxes or by text at biglots.com/rewards.

ABOUT BIG LOTS
Big Lots is one of the nation’s largest closeout retailers focused on extreme value. The Company is dedicated to being the big difference for a better life by delivering bargains to brag about on everything for the home, including furniture, décor, pantry and more. It fulfills its mission to help customers “Live BIG and Save LOTS” with sourcing strategies to grow extreme bargains through closeouts, liquidations, overstocks, private labels, and value-engineered products. The Big Lots Foundation, together with the Company’s customers, associates, and vendors, has delivered more than $176 million of philanthropic support to critical needs in hunger, housing, healthcare, and education. For more information, to shop online, or to find a store near you, please visit biglots.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-big-lots-fall-into-savings-deals-kick-off-on-oct-3-302267382.html

SOURCE Big Lots, Inc.

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J.S. Held Expands Executive Leadership to Oversee Next Phase of Growth

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1 hour ago

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October 4, 2024

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JERICHO, N.Y., Oct. 4, 2024 /PRNewswire/ — Global consulting firm J.S. Held, proudly celebrating 50 transformative years, announces Lee Spirer as its new President and Chief Operating Officer (COO), reporting to Chief Executive Officer (CEO), Jonathon Held. 

Lee Spirer is a transformational leader with extensive experience creating value for investors in human capital-intensive businesses by focusing on developing innovative, high impact services for clients and building platforms which attract world class professionals to maximize their career success.

Over his 30-year career, Lee Spirer has been known for keen strategic insight tightly tied to successful plan execution, building and developing teams, tapping into innovation, and leveraging technology. His teams have balanced organic and acquisition-based growth strategies while driving operational performance.

CEO, Jonathon Held, commenting on Lee’s appointment to President and COO, reflects on his “extensive experience and proven ability to drive strategy focused on financial results and operational excellence.” Held continues, “I look forward to partnering with Lee to support all J.S. Held stakeholders – our team members, clients, and investors.”

Having started his professional career serving large complex clients as a strategy consultant, Spirer set the stage for his success in creating and cultivating human capital businesses including: 

Navigant, where he led the growth and transformation of the 6,000 professional company, more than doubling revenues and ultimately taking the company private and merging with Guidehouse.Kroll Risk & Compliance, where as President, he founded and built a new business intelligence division.IBM Business Consulting Services, where following the IBMs acquisition of Mainspring, a digital strategy/transformation company, he led global financial markets for the Fortune 100 company.

Over his career, Lee Spirer has operated in public and private companies, acquired and sold businesses, guided a company through an IPO, and interacted with a wide range of investors and boards. Most recently, he worked with several private equity firms to identify and evaluate potential investments. “Lee is a growth-focused business leader with a strong track record of success,” observes Steve Dutton, Partner at Kelso & Company, J.S. Held’s private equity partner. Dutton continues, “Lee’s proven ability to identify, evaluate, and drive value creation in the professional and technology-enabled services sectors makes him an ideal partner to support further growth at J.S. Held.”

Lee Spirer, commenting on what attracted him to J.S. Held, shares, “J.S. Held’s unique combination of a very strong market position on which to build, extraordinary human capital, a proven track record of organic growth, and ability to augment with acquisitions and successfully integrate those professionals presents the ideal platform for growth at all levels – presenting career opportunities for our professionals, value to our clients, and returns for investors.”  Spirer continues, “As president and COO, I am focused on further strategic growth, evolution, and scale through service innovation and technology.” 

Lee Spirer is now part of the dedicated and entrepreneurial team of experts who help transform J.S. Held. Explore our story and celebrate this momentous milestone, our 50 & Forward celebration, with us at jsheld.com.

About J.S. Held

J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.

More than 1,500 professionals serve organizations across six continents, including 81% of the Global 200 Law Firms, 70% of the Forbes Top 20 Insurance Companies (85% of the NAIC Top 50 Property & Casualty Insurers), and 65% of the Fortune 100 Companies.

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held, its affiliates and subsidiaries are not law firms and do not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC, or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.

Kristi L. Stathis | Global Public Relations | +1 786 833 4864 | Kristi.Stathis@jsheld.com 

Find Your Expert®.

 

SOURCE J.S. Held

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MEDIA ADVISORY – Canada, Manitoba, and Giganawenimaanaanig to take a step forward on Red Dress Alert

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2 hours ago

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October 3, 2024

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WINNIPEG, MB, Oct. 3, 2024 /CNW/ – Please be advised that the Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations, and the Honourable Nahanni Fontaine, Minister of Families of Manitoba, will make an announcement about the Red Dress Alert pilot at Giganawenimaanaanig’s Day of Education and Awareness.

There will be a media availability following the announcement.

Media participation:

Media representatives are asked to RSVP to RCAANC.media.CIRNAC@sac-isc.gc.ca.

Virtual participation will be available, and instructions to connect remotely will be provided upon registration.

Media are first invited to observe Ministerial remarks and engagement with families, survivors, MMIWG advocates and frontline workers at 11:30 a.m. The media availability will follow in an adjoining room.

Date:  Friday, October 4, 2024
Time: The announcement will start at 11:30 a.m. (CT), followed by the media availability.

Media representatives are invited to preposition 30 minutes before the start time of the event.

Where:
Canad Inns Destination Centre Club Regent Casino Hotel
1415 Regent Ave W
Winnipeg, Manitoba

The announcement will take place in the Grand Ballroom, and the media availability will take place in the Ambassador E.

Follow us on X:

GovCan – Indigenous
(https://twitter.com/GCIndigenous)
Manitoba Government
(https://x.com/mbgov)

SOURCE Crown-Indigenous Relations and Northern Affairs Canada

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