NEW YORK/TOKYO - Asahi Kasei has announced its investment in US-based startup NFW, a producer of non-petroleum-based leather alternative for car interiors.
As part of Asahi Kasei's medium-term growth strategy and in close cooperation with Sage Automotive Interiors, Asahi Kasei's global provider of functional materials for the automotive interior, this strategic partnership is said to be a further step to support global automotive OEMs in reducing the environmental burden of automobiles.
