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

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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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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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Secure Logistics Market to Grow by USD 32.74 Billion (2024-2028) Driven by AI and Increasing Demand for Secure Global Cash Circulation

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NEW YORK, Oct. 3, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global secure logistics market size is estimated to grow by USD 32.74 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.4%  during the forecast period. Rising need for secure logistics for global cash circulation is driving market growth, with a trend towards growing ability to track shipments. However, competition from multiple secure logistics players  poses a challenge. Key market players include AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., GardaWorld Security Corp., Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., and Writer Business Services Pvt. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Secure Logistics Market Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.4%

Market growth 2024-2028

USD 32736.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.75

Regional analysis

APAC, North America, Europe, Middle East and
Africa, and South America

Performing market contribution

APAC at 37%

Key countries

US, China, Canada, Germany, India, and UK

Key companies profiled

AGS Transact Technologies Ltd., Allied
Universal, Cash Logistik Security AG, CMS Info
Systems Ltd., GardaWorld Security Corp.,
Global Security Logistics Co., Japan Post
Holdings Co. Ltd., Loomis AB, Paragon Security,
Prosegur Compania de Seguridad SA, Securitas
AB, Security Plus Group, SIS Ltd., SSL
Logistics, StorageVault Canada Inc., The Brinks
Co., and Writer Business Services Pvt. Ltd.

Market Driver

Secure logistics providers offer consumers a tracking code to monitor the progress and estimated arrival time of their shipments. This feature, enabled by various tracking technologies, provides numerous benefits. By keeping track of pick-up times and total transit durations, shippers can optimize costs and enhance logistics performance. Real-time visibility into shipment locations allows for quick response to delays and the ability to adjust transportation methods for improvement. Advanced notifications about delivery status help manage customer expectations and prevent dissatisfaction. Technologies like Automatic Identification and Data Capture (AIDC), barcode readers, and Radio-Frequency Identification (RFID) are commonly used for tracking. AIDC includes barcode readers and RFID, which utilize radio waves for data recognition. Bluetooth-enabled devices and real-time tracking technologies provide near-real-time coverage, enabling accurate shipment monitoring and theft prevention. Traditional tracking methods remain relevant, but advancements in technology continue to improve supply chain visibility. 

Secure logistics is a crucial aspect of supply chain management, ensuring the safe transport and storage of valuable goods. Deregulation and foreign direct investments are driving growth in this market, with high net-worth individuals and wealth management services also utilizing secure logistics for diamonds, fine arts, and other high-value items. Technology trends like blockchain, IoT, AI, and machine learning algorithms are enhancing security and efficiency. Governmental agencies and international regulations play a key role in setting standards for cash logistics, manufacturing, public infrastructure, and transportation modes like road, rail, air, and e-commerce. Static and mobile secure logistics solutions cater to various industries, including financial institutions, retailers, and inventory management. Real-time monitoring using RFID, GPS, and security personnel, along with armored vehicles and airplanes, ensure confidentiality and product authenticity for temperature-sensitive goods and valuable items. Outsourcing services in cash logistics, IT, and ATM management further strengthen the secure logistics market. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The global secure logistics market is characterized by the presence of numerous competitors offering similar services, driven by the forces of globalization. To stand out, logistics providers must adapt to customers’ unique needs, focusing on cost optimization and efficient order processing. Reducing transport delays and minimizing fuel costs are essential for cost optimization. Order processing involves accurately and swiftly handling orders to ensure customer satisfaction. Maintaining well-maintained fixed assets is crucial for consistent earnings and long-term success. In the competitive secure logistics market, companies that effectively implement these strategies gain a competitive edge.Secure logistics is a critical business function that ensures the safe and efficient transportation of valuable goods. Challenges in this market include managing Radio Frequency Identification (RFID) and Global Positioning System (GPS) tracking for real-time monitoring. Security personnel, armored vehicles, and advanced technology like GPS tracking systems and tamper evident seals are essential for safeguarding cargo. Valuables such as fine arts, precious metals, and rare materials require extra security measures. Outsourcing logistics to IT services and cash management companies can improve efficiency but raises concerns over confidentiality and regulatory compliance. Temperature-sensitive products and time-critical deliveries add complexity. Security technology, weapon handling, and armed personnel are necessary for defense instruments, jewels, gems, and cash-in-transit. Robbery is a constant threat, making reliable SLA management crucial. Product authenticity is another challenge, especially for high-value items like precious metals and rare minerals. Last-mile delivery and cross-border transport require security measures. Brink Incorporated, Cash Services, and Security Services are key players in this market, offering armored car transportation and ATM management solutions.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This secure logistics market report extensively covers market segmentation by  

Service 1.1 Security services1.2 Cash servicesGeography 2.1 APAC2.2 North America2.3 Europe2.4 Middle East and Africa2.5 South America

1.1 Security services-  The outsourcing of security services is on the rise due to the financial advantages of delegating non-core activities to established vendors. This global trend is driven by the high costs associated with maintaining an in-house security team, including recruitment and management. Securitas and G4S are leading vendors in this market, offering fully maintained security teams without requiring intervention from the client. Their trained workforce caters to diverse user requirements, such as corporate clients, shopping malls, individual customers, and airports. These factors are expected to fuel the growth of the secure logistics market in the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

Secure logistics is a critical component of the supply chain, ensuring the safe and efficient transportation and storage of high-value goods. Deregulation and Foreign Direct Investments have fueled the growth of this market, particularly in emerging economies. Wealth management services and High Net-worth Individuals (HNWIs) have increased the demand for secure logistics solutions, including cash logistics and inventory management. Technological advancements, such as Blockchain, Internet of Things (IoT), Artificial Intelligence (AI), and Machine Learning algorithms, are revolutionizing secure logistics. Real-time monitoring through GPS and RFID technology, security personnel, armored vehicles, and cash-in-transit companies are essential players in this market. The transportation sector includes airplanes, while warehousing and cash management services are crucial for secure storage. Diamonds and gemstones require specialized secure logistics solutions due to their high value and vulnerability to theft. Cash services, including ATMs and cash management systems, are a significant segment of the market. Electronic payment systems have also increased the demand for secure logistics services to ensure the safety of digital transactions. Security services, including cash-in-transit companies and financial organizations, are key stakeholders in the secure logistics market. The integration of AI and machine learning algorithms in inventory management and transportation optimizes operations and reduces risks. Overall, the secure logistics market is a dynamic and evolving industry that plays a vital role in the global economy.

Market Research Overview

Secure logistics is a specialized field of supply chain management that focuses on the safe and efficient transportation and storage of high-value goods. With deregulation and increased foreign direct investments, the market for secure logistics has seen significant growth. High net-worth individuals and wealth management services are major consumers of secure logistics services for diamonds, manufacturing components, public infrastructure, and other valuable assets. Technological advancements such as blockchain, Internet of Things, artificial intelligence, and machine learning algorithms are transforming the industry, providing real-time monitoring, confidentiality, and regulatory compliance. Governmental agencies and international regulations play a crucial role in shaping the secure logistics landscape. Cash logistics, including cash management, ATM services, and cash-in-transit companies, are a significant segment of the secure logistics market. Temperature-sensitive products, fine arts, precious metals, and security technology are other key areas of focus. Static and mobile types of secure logistics cater to various industries, including retail, e-commerce, transportation, and warehousing. Security technology, such as tamper evident seals, GPS tracking systems, and armed security personnel, is essential for secure transportation of goods. Last mile delivery, cargo transportation, and defense instruments are other important applications of secure logistics. Outsourcing, IT services, and cross-border transport are also driving the growth of the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceSecurity ServicesCash ServicesGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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