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Fri May 22, 2026 10:33 am JST Catalyst

Kurita Water Industries Ltd. <6370> extended gains. The company announced it was selected for a non-reimbursable collaborative R&D theme under the Tokyo Fire Department's "Tokyo Fire Department INNOVATION PROJECT" public initiative, supporting the shares. Specifically, the project focuses on the research and development of fire extinguishing agents and equipment for lithium-ion batteries, for which the company concluded a joint agreement.

As part of its new business initiatives leveraging water treatment expertise, Kurita Water Industries has been developing fire extinguishing agents free of PFAS, phosphorus, and ammonia. The company participated in the joint project to accelerate the practical application and commercialization of these agents. Moving forward, it will verify their effectiveness against lithium-ion battery fires and evaluate integration into fire extinguishing equipment with the Tokyo Fire Department's cooperation. The company ultimately aims to apply these technologies to battery manufacturing plants and Battery Energy Storage Systems (BESS), where market expansion is expected.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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