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Climate Change

Asahi Kasei to make lithium-ion battery materials out of CO2

Japanese chemical company aims to license green tech in fiscal 2023

Asahi Kasei's new technology absorbs more carbon dioxide than is produced in battery when batteries are made. (Source photos by Reuters and AP)

TOKYO -- Japanese chemical maker Asahi Kasei has developed technology that can make lithium-ion battery materials from carbon dioxide and aims to begin licensing it in fiscal 2023, Nikkei has learned.

The new technology removes more CO2 from the atmosphere than is generated during battery production, something that could give Asahi Kasei a competitive edge over other industry players.

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