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ACN Newswire press release news - Recent Press Releases

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    KARIYA, JAPAN, Nov 29, 2017 - (JCN Newswire) - DENSO Corporation and NEC Platforms, Ltd., a subsidiary of NEC Corporation, today unveiled a new joint venture, DENSO NEXT CO., LTD. The company will develop in-vehicle information and communications equipment critical for fostering a truly connected environment inside vehicles, such as instrument clusters, head-up displays, and on-board communication equipment. The company will start operations on December 1, 2017.

    The recent cockpit innovation and advancement of connected technologies have made communication between products in the cabin more complicated, rapidly increasing the need to develop in-vehicle products more efficiently. DENSO NEXT will harness DENSO's advanced automotive engineering and manufacturing capabilities, and NEC Group's advanced technologies and track record in the information and communications technology (ICT) business to quickly design and bring to market advanced in-vehicle equipment.

    DENSO NEXT will be located on the premises of NEC's Tamagawa Plant in Kawasaki, Kanagawa, Japan. The innovations developed by DENSO and NEC Platforms engineers will enable DENSO to more efficiently produce existing information and communications equipment, and to create new products in line with vehicle cockpit advancements.

    DENSO NEXT combines DENSO's deep experience with automotive components and NEC and NEC Platforms' expertise in IT and network technologies and experience in developing automotive components. NEC and NEC Platforms have expertise in ICT and conventional in-vehicle equipment through their development of wireless communication and software products. Their expertise will be applied to achieve further advancement of in-vehicle equipment that requires high reliability and long-term assurance.

    In December 2016, DENSO and NEC started to collaborate in advanced driver assistance, automated driving, and manufacturing using AI and IoT. The two companies will take full advantage of technologies, products, and organizations created through the collaboration to help create a safe and secure automotive society for all people around the world.

    The profile of the joint venture is as follows.
    http://www.acnnewswire.com/topimg/Low_HitachiNECProfileJointVenture.jpg

    About NEC Corporation

    NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.

    About Denso

    DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

    Contact:
    NEC Seiichiro Toda s-toda@cj.jp.nec.com +81-3-3798-6511 DENSO CORPORATION Sadayoshi Yokoyama, Toshiko Watanabe Phone: 81-566-25-5594 Fax: 81-566-25-4509 sadayoshi_yokoyama@denso.co.jp toshiko_watanabe@denso.co.jp

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Toyota City, Japan, Nov 29, 2017 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces its production, domestic sales, and export results for October 2017, including those for subsidiaries Daihatsu Motor Co., Ltd., and Hino Motors, Ltd.

    October 2017 Results
    http://www.acnnewswire.com/topimg/Low_ToyotaOctober2017Results.jpg

    October 2017 Key Points (year-on-year)

    Production in Japan

    Toyota
    - First increase in six months

    Daihatsu
    - Eighteenth consecutive month of increase

    Hino
    - First increase in two months

    Toyota + Daihatsu + Hino
    - First increase in two months

    Sales in Japan

    Toyota
    - First increase in four months
    - Lexus vehicle sales totaled 3,904 units (2.3 percent increase)
    - Minivehicle sales totaled 2,405 units (17.0 percent decrease)
    - 52.4 percent share of market excluding minivehicles (3.0 percentage point increase)
    - 33.2 percent share of market including minivehicles (0.8 percentage point increase)

    Daihatsu
    - Seventh consecutive month of increase
    - Minivehicle sales totaled approximately 49,000 units (4.9 percent increase); seventh consecutive month of increase
    - 34.8 percent share of minivehicle market (0.4 percentage point increase)

    Hino
    - Decreased
    - Standard truck sales totaled approximately 2,000 units (12.5 percent decrease)
    - 34.4 percent share of the truck* market (2.9 percentage point decrease)

    Toyota + Daihatsu + Hino
    - First increase in two months
    - 48.3 percent share of market including minivehicles (2.1 percentage point increase)

    *Maximum loading capacity of four tons or more (excluding imported trucks)

    Exports

    Toyota
    - First increase in two months; due to increased exports to Latin America, Asia, Oceania, and the
    Middle East

    Daihatsu
    - There were no exports for Daihatsu.

    Hino
    - Fourth consecutive month of increase; due to increased exports to North America, Europe, Asia, the Middle East, and Africa

    Toyota + Daihatsu + Hino
    - Third consecutive month of increase

    Production Outside of Japan

    Toyota
    - Second consecutive month of increase; due to increased production in Latin America, Europe, and Asia

    Daihatsu
    - Decreased; due to decreased production in Indonesia

    Hino
    - Fourth consecutive month of increase; due to increased production in Asia

    Toyota + Daihatsu + Hino
    - Second consecutive month of increase

    Year to Date (January 1 to October 30, 2017)
    http://www.acnnewswire.com/topimg/Low_ToyotaJanuaryOctober2017.jpg

    About Toyota

    Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com.

    Contact:
    Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    JAKARTA, Nov 29, 2017 - (ACN Newswire) - Indonesian Vice Minister of Energy and Mineral Resource (ESDM), Arcandra Tahar, accompanied by United Arab Emirates (UAE) Ambassador to Indonesia, Mohamed Abdulla Mohammed Bin Mutleq Alghafli, on Tuesday witnessed the signing of the project development agreement for a floating solar power plant between PT Pembangkitan Jawa Bali (PJB), a subsidiary of Indonesian power utility Perusahaan Listrik Negara (PLN), and United Arab Emirates' Abu Dhabi Future Energy Co (MASDAR). The signing follows the MoU which was signed on July 16 in Abu Dhabi, UAE on the Development of Renewable Large Scale Power Projects in Indonesia.

    "I'm pleased that this is the next, further step of the MoU signed already. The project will build the first floating solar power plant in Indonesia. In addition, it is expected to enable lower electricity tariff than local electricity supply costs (BPP); for example, at West Java the BPP could be below US$6.5 cent/kWh. Because if you push for a tariff that's higher than the BPP, it is going to be difficult," said Tahar.

    Both parties aim to finalize a power purchase agreement with PLN before year end. The 200MW-capacity solar plant will be located in Cirata dam, owned by PT PJB. The feasibility and grid interconnection study was completed in late September 2017, and has already been handed over to PT PLN.

    PJB Chief Executive Iwan Agung Firstantara added, "The project will occupy over 200 hectares of the PLN's Cirata hydroelectric plant reservoir, and will accelerate renewable energy development in Indonesia."

    MASDAR CEO Mohammed Al Ramahi said the project will not only be the largest in Indonesia, but also in the world. "I'm very pleased with the agreement, given that Mubadalla has also been a partnership for more than 10 years, and now MASDAR will build the world's largest floating solar power plant."

    The signing of the agreement is part of the Indonesian government's commitment towards the development of renewable energy, which is expected to contribute significantly to the country's 23% energy mix derived from the renewable energy by 2025.

    "The Indonesian government highly welcomes investors to do business in Indonesia. We offer a healthy business climate, with a tariff that is lower than BPP," concluded Tahar.

    For further information, please visit: https://www.esdm.go.id/

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, Nov 29, 2017 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of October 2017.

    Worldwide Production
    http://www.acnnewswire.com/topimg/Low_Honda112917WProduction.jpg

    Production Outside of Japan
    http://www.acnnewswire.com/topimg/Low_Honda112917ProdOutJap.jpg

    Production in Japan for the month of October 2017 experienced a year-on-year decrease for the second consecutive month (since September 2017).

    Production in regions outside of Japan experienced a year-on-year increase for the sixth consecutive month (since May 2017), setting record high production for the month of October. This includes record high production for the month of October in Asia and China.

    Worldwide production experienced a year-on-year increase for the sixth consecutive month (since May 2017), also setting record high production for the month of October.

    Sales in the Japanese Market
    http://www.acnnewswire.com/topimg/Low_Honda112917SalesJapan.jpg

    Total domestic automobile sales in the Japanese market for the month of October 2017 experienced a year-on-year increase for the fourth consecutive month (since July 2017).

    New vehicle registrations experienced a year-on-year decrease for the second consecutive month (since September 2017).

    Sales of mini-vehicles experienced a year-on-year increase for the second consecutive month (since September 2017).

    Vehicle registrations - excluding mini-vehicles
    - FREED was the industry's fifth best-selling car among new vehicle registrations for the month of October 2017 with sales of 7,060 units. FIT was the industry's sixth best-selling car with sales of 7,020 units.

    Mini-vehicles - under 660cc
    - N-BOX was the industry's top-selling car in the mini-vehicle category for the month of October 2017 with sales of 21,234 units. N-WGN was the industry's eighth best-selling car with sales of 5,440 units.

    Exports from Japan
    http://www.acnnewswire.com/topimg/Low_Honda112917ExportsJapan.jpg

    Total exports from Japan in October 2017 experienced a year-on-year decrease for the fifth consecutive month (since June 2017).

    About Honda

    Honda Motor Co., Ltd. (TSE:7267 / NYSE:HMC / LSE:HNDA) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

    Contact:
    Honda Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    HONG KONG, Nov 29, 2017 - (ACN Newswire) - Tongzhou District People's Government of Beijing Municipality has organized an exclusive presentation themed "Building a Demonstration Area for a World-class Harmonious and Livable City, a New-type Urbanization and Beijing-Tianjin-Hebei Coordinated Development" at the Hong Kong Convention and Exhibition Centre on November 28. The presentation has leveraged Hong Kong's position as a window to international markets to present and promote the future development blueprint for the new sub-center for the nation's capital city Beijing to the world, and to attract quality resources from Hong Kong and international markets to support the construction of the new sub-center. The presentation was jointly organized by the Beijing Investment Promotion Bureau and Hong Kong Trade Development Council.

    A highlight of the event was a presentation by Mr. Cui Songguang, Executive Deputy District Mayor of the Tongzhou District People's Government of Beijing Municipality, introducing the new sub-center for the nation's capital city Beijing, covering key points such as the central government requirements for planning and development, development advantages, as well as the business environment and cooperation opportunities available at the new sub-center.

    Mr. Cui explained, "A meeting of the Political Bureau of the CPC Central Committee held on 27 May 2016 clearly stated that the development of the new sub-center for the nation's capital city Beijing is a millennial plan for the nation and a nationally strategic matter, which shall maintain a global perspective, attaining international standards, adhering to Chinese characteristics and is positioned at a high level. The new sub-center for the nation's capital city Beijing is planned, designed and developed with a spirit of creating history and pursuing excellence in the arts."

    The new sub-center for the nation's capital city Beijing located at Tongzhou District in southeastern Beijing, covers a planned area of 155 sq. km. It is superbly located with Tiananmen Square just 20 km to its west, the capital airport 10 km to its north, the second airport in Beijing under construction 40 km to its south and the Tanggu Port, Tianijn 100 km to its east. Tongzhou has a rich historical and cultural heritage with a history spanning over 2,200 years. It was the starting point of the Beijing-Hangzhou Grand Canal and when completed, the new sub-center would be conveniently accessible through local and national transportation networks.

    In recent years, Tongzhou District of Beijing Municipality has insisted on starting from a high point, setting a high standard and maintaining a high level for the planning, development and management of the new sub-center for the nation's capital city Beijing. It has set up 26 planning and design teams comprising leading international experts recruited from nine countries and regions in July 2016.

    The planning and development of the new sub-center for the nation's capital city Beijing is based on the requirements of setting the most advanced concept, the highest standard and the best quality, with the principles of green, low-carbon emissions, environmentally-friendly and sustainable development.

    The new sub-center for the nation's capital city Beijing focuses on four key functional areas, namely "administration, commercial services, cultural and tourism, as well as scientific and technological innovation," aiming to build functional clusters of administration and services, financial innovation and headquarters, cultural and tourism, and to build a pilot zone of "Beijing's City of Design" as well as an industrial development zone to advance scientific and technological innovation.

    After the video on the development plan of the new sub-center for the nation's capital city Beijing was shown, Mr. Shi Weiliang, Chief Planning Officer of the Urban Planning, Land and Resources Commission of Beijing Municipality, explained in detail the project blueprint. He pointed out that the project blueprint calls for developing with green, low-carbon emissions, environmentally-friendly and sustainable development concepts, while maintaining a global perspective, attaining international standards while adhering to Chinese characteristics, and is positioned at a high level.

    At the event, the Tongzhou District People's Government of Beijing Municipality also appointed nine well-known professionals and experts in Hong Kong as consultants for the new sub-center for the nation's capital city Beijing project. They will be offering their expertise to help with city planning, city management and industrial development.

    About Tongzhou District, Beijing
    Unique strategic advantage in location
    Tongzhou District, spans 906 sq. km. and home to around 10.5 million residents, is in southeastern Beijing. The New Sub-center for the Nation's Capital City Beijing, with a planned area of 155 sq. km., is right in the core district of Tongzhou. It is in a superb location with Tiananmen Square just 20 km to its west, the capital airport 10 km to its north, the second airport in Beijing currently being built 58 km to its south and the Tanggu Port, Tianijn 100 km to its east.

    Rich historical and cultural heritage
    The more than 2,200 years' history of this city started in the early Western Han Dynasty and historical architectural structures, such as the Dipamkara Pagoda and Bali Bridge, together bear witness to the vicissitudes this two-millennia old city has endured. It was the starting point of the Beijing-Hangzhou Grand Canal and downstream were imperial docks where vessels stopped and cultures and resources were exchanged and memories were treasured. In this new era, the General Secretary of the Communist Party cited the valuable heritage of the Grand Canal handed down to us by our ancestors, its culture flowing through that should be carefully preserved, appreciated and passed on to following generations. And, thanks to efforts to build the Grand Canal Cultural Belt, the "Canal and Four Cities" (The Beijing-Hangzhou Grand Canal, Lu County Old City, Tongzhou Old City, Zhangjiawan Old Town and Huozhou Old City) are returning to their former glory.

    Effective internal and external transportation networks
    The complex railway network of Beijing comprises more than 10 metro lines including the Batong Line, M6 Line and Yizhuang Line of the Beijing Metro, and also the planned S6 Line, M7 Line and M17 Line. As for the highway network, it includes expressways, including the Beijing-Harbin, Beijing-Shanghai, Beijing-Tianjin and Beijing-Qinhuangdao highways, enabling a fast convenient connection with surrounding regions.

    An ecological environment blending blue and green
    There are 13 rivers, big and small, in Tongzhou, with an aquatic area of about 9% of the total area of the district. The city has a green coverage rate of 58.2% and forest coverage rate of 28.4%. The attractive amalgamation of rivers, forests, green fields and lakes paints a wonderful picture of blue and green, a splendid ecological landscape naturally fresh and bright.

    Modern comprehensive high quality public services
    Tongzhou as a sub-centre in Beijing boasts high quality educational resources such as the Centennial Luhe High School as well as excellent medical services institutions represented by Anzhen Hospital and Luhe Hospital which have partnered in establishing a public healthcare service program.



    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    LONDON, Nov 29, 2017 - (ACN Newswire) - WARC today unveils the Best Use of Data shortlist for WARC's 2017 Media Awards, an international competition that examines the insight, strategy and analytics that power effective channel investment.

    20 campaigns have been shortlisted in the Best Use of Data category, which recognises the role of data in an effective communications strategy.

    As well as one global campaign, shortlisted entries have run in a wide range of markets - Australia, Hong Kong, India, Indonesia, The Netherlands, The Philippines, Singapore, South Africa, Spain, United Arab Emirates, United Kingdom, United States - and include brands such as MyTaxi, Rexona Men and Vodafone.

    Nicole Kane, Director, Global Media, McDonald's Corporation and jury chair, said: "The entries this year demonstrated a democratisation of how data is being used; confirming that we are now marketing in a world driven by data. The shortlisted papers range from practical applications that are simple and smart to creative, innovative usages of real-time data. Regardless of how you are using data today, this collection will inspire new thinking."

    The shortlisted entries in Best Use of Data are:

    - The video recommendations and personalisation engine - Krispy - Hindustan Unilever - Mindshare - India
    - My McDonald's - McDonald's - OMD Spain - Spain
    - Restaurant-capacity based advertising - McDonald's - OMD Singapore - Singapore
    - Xaxis, Global Giving & the Girl Fund - GlobalGiving - Xaxis EMEA - Global
    - Irse de Madre - DKV Insurance - OMD - Spain
    - The Art + Science of Rewarding a Client's Courage - Benchmade Knives - Cole & Weber - United States
    - Don't Ignore a Cough - Prospan - Flordis - Affinity - Australia
    - Location Targeting - McDonald's - OMD South Africa - South Africa
    - OLX Vogon - OLX - Havas Media - Indonesia
    - Nayi Soch - Strategy for Growth - Star Plus - Star India - Mindshare - India
    - Tropa for Life - du - Emirates Integrated Telecommunication Company - Starcom Dubai - United Arab Emirates
    - Roam Like a Pro - Vodafone - VodafoneZiggo - Kinetic Worldwide, MEC - Netherlands
    - Data-Driven Targeting - Age UK - Manning Gottlieb OMD - United Kingdom
    - Going Live with Gold! - Royal Mint Bullion - Royal Mint - Manning Gottlieb OMD - United Kingdom
    - IMM's Patent Pending Solution for Incrementality - Noodles & Company - IMM - United States
    - Resolving a Social Stench - Rexona Men - Unilever - PHD Hong Kong - Hong Kong
    - Connecting the Dots - All Things Hair - Unilever - Mindshare, Ogilvyone - Philippines
    - Everything but Rogue with Data - Rogue One: A Star Wars Story - The Walt Disney Company - OMD UK, OMD - - - EMEA - United Kingdom
    - Helping London Move More Freely - MyTaxi - Kinetic UK, the7Stars - United Kingdom
    - Uncovering the true value of Facebook for performance marketing - O2 - Telefonica - Visual IQ, Forward Media - United Kingdom

    As well as the Best Use of Data category, the shortlists for Effective Channel Integration and Effective use of tech have already been announced and can be viewed at www.warc.com/mediaawards.prize. The Effective Partnerships and Sponsorships shortlist will be revealed on Wednesday 6 December.

    For more information about the WARC Media Awards please visit www.warc.com/mediaawards.prize.

    About WARC

    - your global authority on advertising and media effectiveness

    warc.com is an online service offering advertising best practice, evidence and insights from the world's leading brands. WARC helps clients grow their businesses by using proven approaches to maximise advertising effectiveness. WARC's clients include the world's largest advertising and media agencies, research companies, universities and advertisers.

    WARC hosts four global and two regional case study competitions: WARC Awards, WARC Innovation Awards, WARC Media Awards, The Admap prize, WARC Prize for Asian Strategy and WARC Prize for MENA Strategy.

    WARC also publishes leading journals including Admap, Market Leader, the Journal of Advertising Research and the International Journal of Market Research. In addition to its own content, WARC features advertising case studies and best practices from more than 50 respected industry sources, including: ARF, Effies, Cannes Lions, ESOMAR and IPA.

    Founded in 1985, WARC is privately owned and has offices in the UK, U.S. and Singapore.

    Contact:
    Amanda Benfell PR Manager +44 20 7467 8125 amanda.benfell@warc.com

    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    JAKARTA, Nov 29, 2017 - (ACN Newswire) - Indonesian Vice Minister of Energy and Mineral Resource (ESDM), Arcandra Tahar, accompanied by United Arab Emirates (UAE) Ambassador to Indonesia, Mohamed Abdulla Mohammed Bin Mutleq Alghafli, on Tuesday witnessed the signing of the project development agreement for a floating solar power plant between PT Pembangkitan Jawa Bali (PJB), a subsidiary of Indonesian power utility Perusahaan Listrik Negara (PLN), and United Arab Emirates' Abu Dhabi Future Energy Co (MASDAR). The signing follows the MoU which was signed on July 16 in Abu Dhabi, UAE on the Development of Renewable Large Scale Power Projects in Indonesia.

    "I'm pleased that this is the next, further step of the MoU signed already. The project will build the first floating solar power plant in Indonesia. In addition, it is expected to enable lower electricity tariff than local electricity supply costs (BPP); for example, at West Java the BPP could be below US$6.5 cent/kWh. Because if you push for a tariff that's higher than the BPP, it is going to be difficult," said Tahar.

    Both parties aim to finalize a power purchase agreement with PLN before year end. The 200MW-capacity solar plant will be located in Cirata dam, owned by PT PJB. The feasibility and grid interconnection study was completed in late September 2017, and has already been handed over to PT PLN.

    PJB Chief Executive Iwan Agung Firstantara added, "The project will occupy over 200 hectares of the PLN's Cirata hydroelectric plant reservoir, and will accelerate renewable energy development in Indonesia."

    MASDAR CEO Mohammed Al Ramahi said the project will not only be the largest in Indonesia, but also in the world. "I'm very pleased with the agreement, given that Mubadalla has also been a partnership for more than 10 years, and now MASDAR will build the world's largest floating solar power plant."

    The signing of the agreement is part of the Indonesian government's commitment towards the development of renewable energy, which is expected to contribute significantly to the country's 23% energy mix derived from the renewable energy by 2025.

    "The Indonesian government highly welcomes investors to do business in Indonesia. We offer a healthy business climate, with a tariff that is lower than BPP," concluded Tahar.

    For further information, please visit: https://www.esdm.go.id/

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Global Ad Trends - A focus on mobile

    LONDON, Nov 29, 2017 - (ACN Newswire) - WARC, the international authority on advertising and media effectiveness, has released its latest monthly Global Ad Trends report digesting up-to-date insights and evidenced thinking from the worldwide advertising industry.

    Focusing on mobile, this latest Global Ad Trends report includes key findings based on data from WARC's 12 key markets - Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, United Kingdom and United States - which between them account for approximately two-thirds of the value of global ad trade.

    Mobile is now the world's second-largest advertising medium

    Mobile is now the second-largest ad medium by spend, having overtaken desktop internet for the first time this year. With an anticipated year-on-year growth rate of 35.2%, mobile adspend across all formats is expected to amount to $98.3bn in 2017, representing 23% of global spend.

    WARC estimates that 51% of total mobile advertising expenditure for this year will be allocated to search. Display formats are expected to account for 45% and classified and other spend 4%.

    The largest mobile markets are the US, China and the UK. TV is expected to remain the world's largest ad medium by spend this year and next, at around $139bn.

    Almost all of Facebook's ad revenue now comes from mobile

    Social networking accounts for over a third of daily online time via all devices (2hrs 15mins), and one in seven people (1.1bn) access Facebook via a mobile device each day.

    Mobile's share of Facebook's ad revenue is expected to equate to 88% ($34bn) for 2017, up 5 percentage points from 2016.

    With mobile display adspend expected to reach $45.2bn within WARC's 12 key markets this year, there is a strong correlation between Facebook's global mobile ad growth and the growth of mobile display in the markets. However whilst mobile growth will far outpace all other media, as Facebook's mobile ad revenue growth eases (a forecast rise of 40% in 2017 versus 70% in 2016), global mobile display growth will also cool.

    The duopoly of Facebook and Google accounts for a quarter of global advertising spend

    A comparison of company revenues with data in WARC's Adspend Database, which contains adspend data for 96 markets, shows that the duopoly of Facebook and Google will account for 61% of all online advertising expenditure this year, up from 58% in 2016 and 47% in 2012.

    Further, the anticipated $133bn in combined revenue will equate to a quarter of all adspend worldwide in 2017, up from a fifth in 2016 and just 9.4% in 2012.

    James McDonald, Data Editor, WARC, says: "Daily mobile time has more than doubled over the last five years - from 1hr 17mins in 2012 to 3hrs 2mins in 2017 - and our research demonstrates how marketers are looking to capitalise on this by investing more in social, video and native mobile formats over the coming years. Much of this influx has been to the benefit of the duopoly - Facebook and Google - where one in four dollars of global advertising is now spent."

    Global Media Analysis: A round-up of the importance of mobile

    Mobile advertising accounts for:

    - 23% of global advertising spend this year
    - 55% of North American marketers aim to focus on mobile branded content by 2022
    - 88% of Facebook's ad revenue attributed to mobile in 2017
    - 92% of Facebook's daily users use mobile
    - 135% increase in daily mobile time since 2012

    Other new key media intelligence on WARC Data

    - Programmatic accounts for over a third of the value of US ad trade
    - Advertising expenditure has grown faster than the global economy since 1980
    - 100% pixels is twice as effective as current online video industry standard

    Global Ad Trends is part of WARC Data, a newly enhanced dedicated online service featuring current advertising benchmarks, data points, ad trends and user-generated expanded databases.

    Aimed at media and brand owners, market analysts, media, advertising and research agencies as well as academics, WARC Data provides current advertising and media information, hard facts and figures - essential market intelligence for ad industry related business, strategy and planning required in any decision making process.

    WARC Data is available by subscription only. For more information visit www.warc.com/data.

    About WARC

    - your global authority on advertising and media effectiveness

    warc.com is an online service offering advertising best practice, evidence and insights from the world's leading brands. WARC helps clients grow their businesses by using proven approaches to maximise advertising effectiveness. WARC's clients include the world's largest advertising and media agencies, research companies, universities and advertisers.

    WARC hosts four global and two regional case study competitions: WARC Awards, WARC Innovation Awards, WARC Media Awards, The Admap prize, WARC Prize for Asian Strategy and WARC Prize for MENA Strategy.

    WARC also publishes leading journals including Admap, Market Leader, the Journal of Advertising Research and the International Journal of Market Research. In addition to its own content, WARC features advertising case studies and best practices from more than 50 respected industry sources, including: ARF, Effies, Cannes Lions, ESOMAR and IPA.

    Founded in 1985, WARC is privately owned and has offices in the UK, U.S. and Singapore.

    Contact:
    Amanda Benfell PR Manager +44 20 7467 8125 amanda.benfell@warc.com

    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, Nov 30, 2017 - (JCN Newswire) - Eisai Co., Ltd. announced today that the China Food and Drug Administration (CFDA) has accepted for review the resubmitted New Drug Application (NDA) for Eisai's anticancer agent eribulin mesylate (eribulin, product name: Halaven).

    In July 2016, Eisai submitted an NDA for eribulin for use in the treatment of locally advanced or metastatic breast cancer in China. However, in alignment with Chinese regulations, Eisai temporarily withdrew its application in June 2017 in order to submit additional documentation. The application was resubmitted once preparations of additional documentation were completed.

    Eisai positions oncology as a key therapeutic area, and is aiming to discovery revolutionary new medicines with the potential to cure cancer. Eisai remains committed to maximizing the clinical value as well as exploring the potential clinical benefits of Halaven as it seeks to contribute further to addressing the diverse needs of, and increasing the benefits provided to, patients with cancer, their families, and healthcare providers in China and around the world.

    About Eisai

    Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit www.eisai.com.

    Contact:
    Public Relations Department, Eisai Co., Ltd. +81-3-3817-5120

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Louis Boswell
    HONG KONG and SINGAPORE, Nov 30, 2017 - (ACN Newswire) - Louis Boswell, senior media and digital business leader in Asia, has been appointed Chief Executive Officer, CASBAA, the Association said today. Boswell will begin his tenure on 1 January 2018, succeeding outgoing CEO Christopher Slaughter.

    As CEO for CASBAA, Boswell will serve as the content distribution industry's leading advocate with industry leaders and policymakers throughout Asia-Pacific. In addition to driving the programs and initiatives of the Association, Boswell will work with business heads of the member organisations to shape positively the increasingly rapid evolution of the industry in the region.

    Boswell's background in Asia includes senior positions at Discovery, ESPN Star Sports, BBC, AETN All Asia Networks and, most recently, as the General Manager, Asia for Da Vinci. His experience includes leading businesses in Japan, Korea, Hong Kong, Singapore, Taiwan and all of the major markets in southeast Asia.

    "Louis is one of the most well respected senior commercial executives in the content distribution industry in Asia. We are proud to have him leading our Association. Louis's track record of leadership and insight make him an ideal fit to work strategically with in-country business and government leaders to address the challenges and opportunities that lie ahead as the industry continues to invest, innovate and evolve at an unprecedented pace", said Joe Welch, Chair of the CASBAA Board of Directors and Senior Vice President, 21st Century Fox.

    "I am thrilled to be joining CASBAA", Boswell commented. "The industry is changing and it is paramount that its representative body keeps up and is reflective of those changes. I believe the need for CASBAA is greater now than it ever has been and I look forward to making sure that we lead the industry from the front as we confront those changes."

    "Louis is a true professional, able to listen, rationalise differing viewpoints and then drive execution", said Henry Tan of ASTRO who worked closely with Boswell on the AETN All Asia Networks joint venture. "He will make an excellent head of the Association."

    Boswell is an Oxford University graduate and speaks Mandarin and is proficient in Cantonese and Japanese.

    About CASBAA

    Established in 1991, CASBAA, with a staff of more than ten, is the principal trade association for digital multichannel TV, content, platforms, advertising and video delivery across a variety of geographic markets throughout the Asia Pacific. CASBAA's members reach over 500 million connections within a regional footprint ranging from China to Australasia, Japan to Pakistan. For more information, visit www.casbaa.com.

    Contact:
    CASBAA Tel: +852 2854 9913 pr@casbaa.com

    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Achieves Solid Growth in Construction Business;
    Establishes Business Presence in Asia and Overseas;
    Seizes Infrastructure Opportunities in "Belt and Road" Routes & "Greater Bay Area"

    HONG KONG, Nov 30, 2017 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure" or "the Group") (stock code: 00711) announces its interim results for the six month ended 30 September 2017.

    Highlights
    - Revenue amounted to HK$3.85 billion
    - Net profit was HK$71.3 million, up by 61.2%
    - Continue to establish its business presence in countries along the "Belt and Road" routes and the "Guangdong-Hong Kong-Macau Greater Bay Area"
    - Profit of the construction segment increase 105%, reaching HK$176.8 million

    The Group has performed steadily for the period under review and recorded a total revenue of HK$3.85 billion, while net profit has risen by 61.2% to HK$71.3 million. The increase in net profit was mainly attributable to a general improvement in business performance of the Group.

    During the review period, the Group continued implementing plans for establishing its business presence in Asia, in particular, regions that will benefit from the "Belt and Road Initiatives" as well as the "Guangdong-Hong Kong-Macau Greater Bay Area" development plan. In particular, the Group has been awarded a contract for the construction in the Philippines, which has a contract value of approximately HK$800 million; furthermore, it has entered into a strategic cooperation agreement with a subsidiary of China Gezhouba Group Stock Company Limited in July 2017, and is poised to undertake major infrastructure projects with a specific cooperation model. Subsequent to period end, the Group also acquired partial equity interest in Ng Kam Kee Construction Company Limited ("Ng Kam Kee"), in Macau. The acquisition will enable the Group to leverage Ng Kam Kee's network and platform to tap the Macau market.

    Mr. Dominic Pang, Chairman of Asia Allied Infrastructure, said, "Although political concerns continued to present challenges to the construction industry in Hong Kong, I am delighted the Group has managed to cope with the competitive market and achieved a satisfied results during the review period. We believe our strategic investments in the countries along the "Belt and Road" routes, the Group will benefit as local markets develop. Besides, we would also export our project management expertise and other transferable skills helping our investee companies in such areas to grow through participation in the infrastructural boom spurred by the "Belt and Road Initiatives" and "Guangdong-Hong Kong-Macau Greater Bay Area" development plan. With five decades of experience, a sterling reputation, highly capable and farsighted management, and skilled technical teams, the Group is well positioned to seize current and upcoming opportunities, and at the same time increasing its global presence and evolve into a leading multinational enterprise."

    Construction
    During the period under review, the Group had performed in a steady manner in its construction business, with revenue contribution of HK$3.58 billion, while profit of the segment reached HK$176.8 million, representing a year-on-year increase 105%. As at 30 September 2017, the total value of the Group's contracts on hand was HK$30.06 billion, of which HK$13.19 billion worth of contracts were in progress.

    The major projects that have been progressing well include Site Formation and Infrastructure Works for Development of Anderson Road Quarry Site, Hong Kong-Zhuhai-Macao Bridge Hong Kong Boundary Crossing Facilities - Passenger Clearance Building, and Liantang/Heung Yuen Wai Boundary Control Point, Site Formation and Infrastructure Works - Contract 3, the majority of which call for highly technical skills and world-class construction expertise.

    Property Development and Investment
    During the review period, the property development and investment operation has contributed revenue of HK$2.2 million.

    With regards to the residential development project at No. 128 Waterloo Road, Kowloon, which was acquired in the second half of the 2016/17 financial year, initial plans for developing a medium-density luxury residential property continues to be pursued. Besides, the Group entered into an agreement with an independent third party to dispose the residential project "T PLUS". Meanwhile, development of the residential project at Tung Chung Road, Lantau Island has remained on track and construction is expected to commence by the end of 2018. The Group will continue to review and refine its property portfolio, and as aforementioned, engage in projects in joint ventures that facilitate its development in the Hong Kong market.

    Other Businesses
    The Group's professional services business, which includes security and facility management, engaged under City Services Group Limited ("City Services"), performed encouragingly, contributing revenue of HK$268.9 million and segmental profit of HK$15.1 million during the review period.

    In its effort to expand the scope of business and thereby create more revenue streams, the Group is now involved in a variety of business that it considers having favourable growth potential, can complement existing businesses or are standalone operations that provide sustainable cash flows. These include the management of the Hong Kong Cross-Harbour Tunnel, provision of high-end safe deposit box services, construction financing services for sub-contractors, and operation of an online building materials procurement platform.

    Outlook & Prospects
    Infrastructure development in Hong Kong is expected to continue, albeit at a less prodigious pace as approval of government projects is likely to remain slow. Major projects that the market is anticipating include the Central Kowloon Route, Tung Chung Land Reclamation for Tung Chung New Town Extension, and Hong Kong International Airport's Third Runway System construction and related projects. Infrastructure construction costs are predicted to rise less steeply in the coming one to two years, though costs for housing construction materials are anticipated to remain high. Apart from the Hong Kong market, the Group will seek to expand its footprint by means of acquisitions and partnerships particularly for projects in the PRC and large-scale infrastructure projects in countries along the "Belt and Road" routes.

    With house prices reaching new highs and concerns on overheat of property market that may create uncertainty on its outlook in the short term, the Group will stay prudent while striving to advance the property development and investment business. Correspondingly, the Group has been focusing increasingly on properties that hold the potential for generating long-term income in the form of joint ventures so as to reduce the amount of initial working capital required for each project. This strategy will capitalise on the demand for retirement housing given the rising elderly population in Hong Kong.

    Asia Allied Infrastructure Holdings Limited (stock code: 00711.HK)
    Asia Allied Infrastructure Holdings Limited ("AAI") is listed on the Main Board of the Hong Kong Stock Exchange under stock code 711. It is engaged in various businesses including construction engineering and management, project consultancy, property development, security services and property management, tunnel management, safe deposit box services, construction finance and investment, online procurement of construction materials, etc. With Hong Kong as its business development base, AAI is also exploring development opportunities with Asia as the main focus, as well as in overseas markets. Its subsidiary "Chun Wo" is a renowned construction contractor and property developer in Hong Kong, which enables AAI to capitalise on that company's solid construction experience and professional capabilities to seize the opportunities for infrastructure development in countries along the "Belt and Road" initiative, and, ultimately, to increase overall profitability and create higher investment value.


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Figure 1: Schematic drawing of carbon nanotubes as heat-dissipation sheets.
    Figure 2: Image of multi-walled carbon nanotubes synthesized all over the surface of a 200-mm silicon substrate (left) and carbon-nanotube sheet (right).
    Figure 3: Graph of characteristics. For comparison, actual measured thermal conductivity of conventional thermal interface materials such as indium, resin-based sheets and thermal grease are shown.
    KAWASAKI, Japan, Nov 30, 2017 - (JCN Newswire) - Fujitsu Laboratories Ltd. today announced the successful development of a high-thermal-conductive carbon-nanotube sheet with the world's top heat dissipation performance. The sheet is composed of pure(1) carbon nanotubes, oriented perpendicularly, resulting in exceptional thermal conductivity and heat resistance.

    The rapidly growing prevalence of electric vehicles has created demand for onboard power modules to control high-voltage electric power with low power demands of their own and high breakdown voltage, while at the same time needing to maintain reliability despite the high-temperature operations that come with compact modules. Silicon carbide (SiC), which has low power consumption and a high breakdown voltage, is being used as an alternative for silicon, but in order to operate reliably at temperatures of 200degC or higher, heat needs to be removed efficiently from SiC devices.

    Fujitsu Laboratories has now developed a process for manufacturing carbon nanotubes, a material known for its high thermal conductivity in a cylindrical structure, and in which the combination of process temperature and pressure is precisely controlled to grow dense, uniform arrays of perpendicularly oriented carbon nanotubes. In order to be used for removing heat from SiC power modules, Fujitsu Laboratories has also developed a sheet-forming technology in which oriented-growth carbon nanotubes are subjected to heat treatment at temperatures above 2000degC, creating sheets that are easy to transport. Heat-dissipation sheets made using these technologies have about three times the heat-dissipation performance of existing materials made using indium, and have been found to have the world's best heat-dissipation performance among carbon-nanotube sheets.

    Fujitsu Laboratories plans for this technology to be used in automotive heat-dissipation materials from fiscal 2020, and is considering to expand business into new areas, such as in applications for next-generation high-performance computing and telecommunications equipment.

    Details of this technology are being presented at the 2017 Workshop on Innovative Nanoscale Devices and Systems (WINS2017) in Hawaii from November 26 through December 1.

    Background

    With environmental regulations around the world in order to limit CO2 emissions, electric and hybrid vehicles are expected to become ever more prevalent. The power modules that these vehicles use to control their electricity have been built using silicon devices, but there has been a search for alternative materials that will offer better electrical efficiency in order to achieve driving ranges on par with gasoline-powered vehicles. For that reason development has been moving forward on SiC that is usable high-voltage and high-temperature environments, and that uses less power, as one material that would be an alternative to silicon. At the same time, high-thermal conductivity and temperature tolerance in peripheral components that also include thermal dissipation materials are also in demand, as they can efficiently cut heat from SiC elements that run reliably in conditions with high temperatures of over 200degC.

    Carbon nanotubes are a type of nanotechnology material in which carbon atoms are formed into a cylinder with a diameter of a few nanometers. They have attracted attention for thermal conductivity that is 10 times better than copper and have a current-density tolerance 5,000 times as great, and development of applications is advancing. Equipping nanotubes on vehicles as a next-generation heat-dissipation candidate material is demonstrating promise. (Figure 1)

    http://www.acnnewswire.com/topimg/Low_FujitsuCarbonNanotubeFig1.jpg
    Figure 1: Schematic drawing of carbon nanotubes as heat-dissipation sheets.

    Issues

    Carbon nanotubes have high thermal conductivity, which would seem to make sheets of them useful as a heat-dissipation material. However, making good use of their inherent characteristics still poses problems, and only simple applications were possible, such as combining them with existing materials.

    1. Cylindrical carbon nanotubes are formed on a substrate in a manufacturing process called chemical vapor deposition, in which carbon is supplied in gas form and grows in a nanotube around metallic particles with diameters of a few nanometers, which act as seeds. Here, the variation in size of the catalyst particles, the density of the supplied gas, and the variation in temperatures across the surface of a substrate or between substrates lead to a lack of uniformity in multilayered tube length and density, especially when formed over a large area, such as a large substrate. This requires constant attention to maintain consistent synthesis conditions in the manufacturing process.

    2. Because the carbon nanotubes formed on a substrate are not stable and do not maintain their shape when separated from the substrate, sheet-forming methods are typically used in which they are mixed with a fixing agent, such as resin or rubber. But fixing agents, which have low thermal conductivity, reduce the temperature tolerance and conductivity of the sheet. So it becomes necessary to increase the strength of the sheet without using fixing agents.

    About the Newly Developed Technology

    Two technologies resulted in the development of carbon nanotube sheets with high thermal conductivity, compared to that of conventional materials, at a rate of 80 watts per meter-kelvin (W/mK), even when including contact resistance.

    The newly developed technologies are as follows.

    1. Multi-walled carbon nanotube growth control

    In order to align the direction of carbon nanotubes with the direction of heat removal, Fujitsu Laboratories developed a carbon nanotube manufacturing process in which the temperature and pressure for nanotube synthesis were precisely controlled with respect to the metal-particle catalyst, and the position of the feedstock gas inlet was adjusted relative to the substrate so that a dense, uniform array of carbon nanotubes grew perpendicularly. (Figure 2)

    2. Multi-walled carbon nanotubes sheet formation

    Fujitsu Laboratories developed a technology in which the carbon nanotubes thus formed are heat treated at temperatures above 2000degC, maintaining the tube array in an orientation with high thermal conductance while forming it into a sheet. This made it possible to create a pure carbon nanotube sheet with high thermal conductivity and heat tolerance without the use of fixing agents, such as resin or rubber.

    http://www.acnnewswire.com/topimg/Low_FujitsuCarbonNanotubeFig2.jpg
    Figure 2: Image of multi-walled carbon nanotubes synthesized all over the surface of a 200-mm silicon substrate (left) and carbon-nanotube sheet (right).

    http://www.acnnewswire.com/topimg/Low_FujitsuCarbonNanotubeFig3.jpg
    Figure 3: Graph of characteristics. For comparison, actual measured thermal conductivity of conventional thermal interface materials such as indium, resin-based sheets and thermal grease are shown.

    Results

    A carbon-nanotube heat-dissipation sheet created by this technology was found in actual measurements, with contact resistance taken into account, to have roughly three times the thermal conductance of indium sheets, an existing material known to have high thermal conductivity. (Figure 3) Furthermore, indium sheets have a melting point of approximately 160degC, but this heat-dissipation sheet was found to have a high heat tolerance of more than 700degC. These characteristics enable the efficient cooling of power modules in advanced electric and hybrid vehicles.

    Future Plans

    Fujitsu Laboratories will further improve the thermal conductivity of carbon-nanotube heat-dissipation sheets, and pursue development for commercialization with the aim of having sheet products for vehicles from fiscal 2020. The company will also consider expanding the business into new areas, such as in applications for next-generation high-performance computing and telecommunications equipment.

    (1) Pure Carbon-Nanotube Sheets

    These are developed without resin or rubber

    About Fujitsu Laboratories

    Founded in 1968 as a wholly owned subsidiary of Fujitsu Limited, Fujitsu Laboratories Ltd. is one of the premier research centers in the world. With a global network of laboratories in Japan, China, the United States and Europe, the organization conducts a wide range of basic and applied research in the areas of Next-generation Services, Computer Servers, Networks, Electronic Devices and Advanced Materials. For more information, please see: http://www.fujitsu.com/jp/group/labs/en/.

    About Fujitsu Ltd

    Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.

    * Please see this press release, with images, at:
    http://www.fujitsu.com/global/about/resources/news/press-releases/

    Contact:
    Fujitsu Laboratories Ltd. Devices & Materials Laboratory E-mail: nanocarbon@ml.labs.fujitsu.com Fujitsu Limited Public and Investor Relations Tel: +81-3-6252-2176 URL: www.fujitsu.com/global/news/contacts/

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    JAKARTA, Nov 30, 2017 - (ACN Newswire) - Indonesian Ministry of Energy and Mineral Resources (ESDM) on Wednesday co-organized the Clean Technology Roundtable Discussion at Hotel Raffles, Jakarta, in partnership with the Embassy of Denmark. The discussion was a part of the state visit of the Danish Prime Minister Lars Lokke Rasmussen to Indonesia.

    "The partnership will have a great impact on the effective pricing of renewable energy in Indonesia," said Rasmussen in his speech. "I really hope that the partnership will be executed immediately and be environmentally beneficial to Indonesia, Denmark, and even the world."

    ESDM Minister Ignasius Jonan stated that Indonesia's commitment to achieve 23% energy mix derived from renewable energy by 2025 is clear. "Indonesia is absolutely committed to this target. So far, we have achieved 50% of the target, and will keep striving to accomplish the goal," said Jonan.

    In Denmark, wind energy contributes over 40% of the electricity consumed by the entire population, while in Indonesia, three large wind farm projects have just been initiated -- two in South Sulawesi and one in South Kalimantan.

    The wind energy feed-in tariff in Denmark is under US$4 cent/kWH for onshore energy, and under US$6 cent/kWh for offshore energy. "In Denmark, renewable energy not only can compete with fossil fuels in terms of tariff, but it can even go cheaper, even under US$4 cent onshore," added Jonan.

    Following the speech session, the representatives of PT PLN and Danish Energy Agency signed the MoU on Economic Modeling of Load Dispatch.

    Indonesia-Denmark Partnership

    Denmark is one of the most important partners for Indonesia in the renewable energy development sector. Both countries signed the MoU on the Clean, Renewable, and Conservation Energy Partnership on October 22, 2015.

    In 2017, this partnership successfully launched Indonesia's Wind Energy Potential Map - a map pinpointing the wind power potential for electrification.

    Denmark is the perfect example of a successful country in renewable energy development, generating 42% electricity derived from wind energy in 2015.

    For further information, please visit: https://www.esdm.go.id/.


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Acquisition positions Verisk as the leading provider of supply chain solutions to the global energy sector

    JERSEY CITY, N.J., Dec 1, 2017 - (ACN Newswire) - Verisk (Nasdaq:VRSK), a leading data analytics provider, has signed a definitive agreement to acquire PowerAdvocate, an industry-leading provider of market, cost intelligence, and supply chain solutions serving the energy sector. PowerAdvocate is based in Boston, Massachusetts.

    PowerAdvocate's proprietary, one-of-a-kind spend and cost data is curated from millions of transactions across thousands of services, materials, and equipment categories in the energy industry. As a result, PowerAdvocate uniquely supports enterprise performance by providing insight into its customers' cost savings opportunities. Through its proprietary data set encompassing $2.7 trillion of spending data, and machine-learned methods, the company brings transparency to otherwise opaque markets and ensures that capital can be deployed in an efficient manner.

    "The acquisition will expand Verisk's existing offerings to the energy sector by adding PowerAdvocate's proprietary spend data and cost models. Its solutions are targeted at our existing customers, and will grow more rapidly by being on our platform. These enhanced offerings will provide our customers with unique insight to increase profitability," said Scott Stephenson, chairman, president, and chief executive officer of Verisk.

    "We're very excited to join Verisk, as this will accelerate our growing business by providing greater access to global markets and Verisk's existing international customers. We offer a unique value proposition that will be further enhanced by leveraging synergies and collaborating with other Verisk business units and their data analytics," said Daniel Sullivan, president, chief executive officer, and founder of PowerAdvocate.

    "PowerAdvocate is a Verisk-like business that represents an additional step to provide comprehensive supply chain solutions to our customers, including mitigating risk and optimizing total cost of operations," added Stephenson.

    The purchase price is $200 million in cash, funded through existing bank facilities, subject to typical closing adjustments, and an earnout of up to $80 million, subject to the achievement of specific return goals. PowerAdvocate's 2017 revenue is expected to be approximately $36 million and is expected to grow at a substantially higher rate than Verisk's historical average organic annual growth rate of 7 to 8%. Estimated 2017 EBITDA for PowerAdvocate is expected to be approximately $11 million. The transaction is expected to be accretive to 2018 adjusted EPS. In addition, Verisk expects the acquisition to generate an attractive return in excess of Verisk's cost of capital. The transaction is expected to close in the fourth quarter of 2017, subject to the completion of customary closing conditions.

    Verisk will discuss the transaction and PowerAdvocate's products and business in greater detail at its upcoming Investor Day on December 7, 2017.

    About PowerAdvocate

    PowerAdvocate is a leading provider of spend and cost market intelligence. Developed to support customers' informed decision making, its proprietary solutions enable energy executives to restructure costs and improve company performance. PowerAdvocate supports more than 80 energy companies primarily in the United States but increasingly internationally. Founded in 1999, PowerAdvocate is headquartered in Boston and has an additional office in San Francisco. For more information, visit www.poweradvocate.com.

    About Verisk

    Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

    Headquartered in Jersey City, N.J., Verisk operates in 29 countries and is a member of Standard & Poor's S&P 500(R) Index. In 2017, Forbes magazine named Verisk to its America's Best Mid-Size Employers list and to its World's Most Innovative Companies list. Verisk is one of only seven companies to appear on both lists. For more information, please visit www.verisk.com.

    Contact:

    Investor Relations
    David Cohen
    AVP, Investor Relations and Strategic Finance
    Verisk
    201-469-2174
    david.e.cohen@verisk.com

    Media
    Rich Tauberman
    MWWPR (for Verisk)
    202-600-4546
    rtauberman@mww.com

    ###

    This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Verisk Analytics Inc. via Globenewswire

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    - Non-binding Memorandum of Understanding signed on 30 November 2017
    - Potential issuance of convertible bonds to raise up to S$20 million
    - Proceeds to be used to acquire a portion of BlackGold's equity interest in relation to the development of the Riau-1 Project

    SINGAPORE, Dec 1, 2017 - (ACN Newswire) - The Board of Directors (the "Board" or "Directors") of BlackGold Natural Resources Limited (the "Company" and, together with its subsidiaries, the "Group" or "BlackGold") wishes to announce that on 30 November 2017, the Company entered into a non-binding memorandum of understanding (the "MOU") with an undisclosed lender (the "Lender"; collectively, the "Parties"), which is an international financial institution with established presence in Hong Kong and a rapidly expanding network across the globe, pursuant to which the Company intends to raise up to S$20 million by way of the issuance of convertible bonds (the "Convertible Bonds").

    The Convertible Bonds will be used to finance BlackGold's acquisition of its equity interest in an ongoing cooperation project for the development, construction, operation and maintenance of a 2 x 300 megawatt coal-fired power plant in Riau province, Sumatra, Indonesia (the "Riau-1 Project").

    This follows an earlier announcement released on 18 September 2017, in relation to BlackGold signing a Heads of Agreement ("HOA") with various parties to form a new consortium (the "Consortium") for the Riau-1 Project.

    Subject to successful completion of: i) satisfactory due diligence; ii) the incorporation of the joint venture company for the purposes of the Riau-1 Project by China Huadian Engineering Co., Ltd. ("CHEC"), PT Pembangkitan Jawa-Bali ("PJB") and the Company; and iii) the Riau-1 Project signing the Power Purchase Agreement ("PPA") with PT Perusahaan Listrik Negara ("PLN"), the Parties will enter into a definitive agreement or term sheet for the proposed issuance of the Convertible Bonds. The MOU shall be valid until 23 February 2018, before which the Consortium, of which BlackGold is a part, must complete the signing of the PPA with PLN.

    The conversion price will be the sum of: i) the volume weighted average price ("VWAP") at date of the definitive agreement(s) to be entered into by the parties in respect of the transaction; and ii) 50% of the last 30 trading days' VWAP before the date of such definitive agreement(s). The Convertible Bonds will have a 36-month maturity period from the drawdown date.

    SAC Capital Private Limited has been appointed as the placement agent for the Convertible Bonds.

    "We are delighted to sign this MOU together with such a prestigious securities company and greatly appreciate the support offered by the Lender during these early stages of the Riau-1 Project. BlackGold will continue to build relationships with new private investors to broaden our existing investor pool," said Mr Philip Rickard, BlackGold's Chief Executive Officer. "This is a testament to the confidence our investors have in us as a Company, our story and our vision. It is truly an encouragement to see individuals and companies share our mission and believe in our initiatives to be part of Indonesia's power generation future."

    Information on PLN, PJB and CHEC

    PLN is Indonesia's state-run power distribution company.

    PJB is a power generation company with the aim of promoting Indonesia's economic development by providing high-quality, reliable and sustainable energy supply. PJB is a wholly-owned subsidiary of PLN.

    CHEC is a state-owned power engineering company in China. CHEC's core businesses encompass high tech product research and development, engineering design, general contracting, as well as energy technology research and services. CHEC is currently involved in project construction, investment, operation and maintenance of various power projects located in Indonesia.

    About BlackGold (Bloomberg Ticker: BHR:SP)

    The Group is an Indonesia-focused coal mining company targeting Indonesia's rapidly growing power plant industry. Through long term, fixed offtake agreements with its principal customers, the Group has a customer portfolio consisting of state-owned and independent power plants and factories.

    The Group, through its local subsidiaries, has the rights to three coal concessions in Riau, Indonesia.

    Currently, the Group, through its subsidiary PT Samantaka Batubara, has a coal concession for an area of 15,000 hectares, and has over 500 million tonnes of Coal Resources (Resources and Reserves estimates reported in compliance with 2012 JORC Code). For more information, please visit www.blackgold-group.com.

    Contact:
    BlackGold Group
    T: +65 6884 4418
    E: info@blackgold-group.com

    This press release has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

    This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

    The contact person for the Sponsor is Mr. Sebastian Jones (Telephone number: +65 6532 3829), at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Strengthens audience base in Thailand

    BANGKOK, Dec 1, 2017 - (ACN Newswire) - JKN Global Media PCL (SET:JKN), a leader in global content distribution, is trading on mai stock market of the Stock Exchange of Thailand on 30th of November 2017. The company believes in its potential growth which will reflect through the positive respond from investors. JKN executives continue to aggressively produce and distribute CNBC's contents to strengthen the company's reputation in Thailand and encourage its business growth.

    Mr. Jakkaphong Jakrajutatip, Chief Executive Officer of JKN, announced that the company has registered its shares on the mai for the first time on 30th November 2017 with the initial JKN after public sale offering of 140 million IPO shares with par value of 0.50 baht and subscription price of 8 baht per share on 22nd-24th of November 2017. Confidently, JKN shares will get a good response from investors on the first trading day.

    JKN is a leader in the global content distribution business which has various range of content and serves the demand of customers in all platforms. In the past nine months (January - September) of 2017, JKN had total revenue of 873.60 million baht which increased from the same period in 2016 by 280.31 million baht (47.25% growth rate). The significant growth came from the sales of content which is 95.24% of total revenue during the past nine months of 2017. The net profits of the period was 176.11 million baht which increased from the same period last year by 39.96 million baht.

    After the fund raising on the mai, the company plans to operate CNBC Thailand's news TV station and produce CNBC branded contents, which is licensed by NBC in the United States. The production line will be structured in the style of the CNBC brand and will use Thai emcees and moderators in the production of the programs to broadcast on JKN CNBC channel.

    In addition to CNBC Thailand's news channel business and CNBC branded content production, the company is also licensed to edit, translate, and dub in Thai the CNBC branded contents that are produced and broadcast internationally. In the second quarter of the year, the company has sold CNBC branded contents to digital TV broadcasters such as Channel 3 and Bright TV. In the future, the company plans to distribute contents to other television operators and other platforms.

    "We are confident in CNBC branded content production plans which are to expand its content distribution business and television business. This will drive JKN to be the leader in distributing and internationally importing global contents in order to distribute in Thailand and the CLMV country group, as well as being the manufacturer and holder of quality contents for sale and distribution through both domestic and international channels. This will help strengthen the company's operations and growing steadily," said Mr. Jakkaphong.

    Mr. Komkrit Meekumsat, Senior Vice President of KT ZMICO Securities Co., Ltd, as a financial advisor and underwriter, stated that JKN is a company with good business fundamentals, and has potential for rapid growth by the vision and experience of the management team in content business. JKN is a diversified content hub serving the demand of customers in all channels of Digital TV, Cable TV and Satellite TV, as well as Home Entertainment and Internet channels. It also distributes contents in the form of merchandise goods and related products.

    Meanwhile, many of the contents distributed by JKN are eligible to Output Deal by the copyright owner. During the grant, JKN can select contents from the copyright owner as first priority. JKN also has some rights that cover content distribution in neighboring countries such as Republic of the Union of Myanmar (Myanmar) and The Lao People's Democratic Republic (Laos) leading to a great opportunity for JKN to expand its business.

    Contact:
    For JKN Global Media
    Yuttachai ("Tle") Paikanahok
    MT Multimedia Co Ltd
    Tel: +66 0 2612 2081 #125
    Mobile: +66 9 1736 2866
    E-mail: yuttachai.p@mtmultimedia.com

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    - Inks MoU for Co-Managing Myanmar Int'l Motor Shows 2018-20 to Install New Presses to Pave Way for Print Service Customer Base Expansion

    BANGKOK, Dec 1, 2017 - (ACN Newswire) - Aiming for innovation leadership among the integrated automotive and lifestyle contents providers and events organisers, Grand Prix International PCL (SET:GPI) is embarking on a project to expand its motor show organisation business abroad. It has signed an MoU for co-managing Myanmar Int'l Motor Shows for years 2018 to 2020, is holding the second 'Thailand Friendly Design Expo' this December and seeks to acquire new printing presses to enable it to serve customers in various industries.

    Dr Prachin Eamlumnow, chief executive of GPI, a leading integrated provider of innovative automotive-focused contents and organiser of motor show events with a mission to drive forward and internationalise the Thai automotive market, revealed GPI's strong commitment to serving as an integrated creator and provider of informational and entertainment contents and organiser of events in automotive and lifestyle areas. He added that, given the successful fundraising in the Stock Exchange of Thailand, GPI is now exploring opportunities to expand its motor show management business abroad, including in promising Asean countries, by using its extensive experience and expertise in motor show events management and great relationships with domestic and international automakers and media.

    On 30 October, GPI signed a memorandum of understanding (MoU) under which it agreed to co-manage 'Myanmar International Motor Shows' as automotive innovation exhibition events in Myanmar in 2018 to 2020, the first of which is expected to take place between 18 and 21 January 2018. Moreover, in its move to expand its events organisation business to cover other industries, it is holding the second 'Thailand Friendly Design Expo' this December. First held in December 2016, the Expo features products and facilities for the elderly.

    As for print and new media business, it seeks to acquire new printing presses that will enable it to perform printing on a greater variety of material, including packaging material, wrapping paper, billboards, etc. It also looks to expand its customer base for printing services, which currently comprises mainly magazine publishers, to include businesses in new industries, and thereby enhance its growth potential and opportunities in the future. In addition, it has formulated a strategy involving constant development of new media to respond to the ongoing rapid proliferation of online platforms in the print and media industries.

    Mr Montree Sornpaisarn, chief executive of Maybank Kim Eng Securities (Thailand) Public Company Limited, as Financial Advisor, expressed confidence in GPI's potential, highlighting the company's position as a major producer of automotive-focused contents for print and new media in Thailand and the experience in organising every year since 1979 the local annual motor show events, now entitled 'Bangkok International Motor Shows', which are participated by a very high number of automakers and have generated handsome revenue and profits.

    Mr Chaipatr Srivisarvacha, chief executive of KT ZMICO Securities Company Limited, as Joint Lead Underwriter, noted GPI's strong fundamentals, given the company's long presence in the businesses of producing and distributing prints with automotive-focused contents and managing motor shows, especially the 'Bangkok International Motor Show' events, which have welcomed more than 1.6 million visitors per year and are on par with many of the world's major motor shows. This, he said, confirms the company's support in automotive sales in Thailand as well as automotive exports. He also believed that the company will also benefit from this year's recovery of the automobile production industry.

    Dr Veeraphat Phetcharakupt, chief executive of Country Group Securities Public Company Limited, as Joint Lead Underwriter, expressed confidence that GPI's stock will be warmly welcomed on its first trading day, due to the company's unrivalled reputation for its expertise in the field of automotive contents production and motor show events management as built by more than 47 years (since the launch of company's first auto magazine) of experience in publishing automotive and lifestyle-focused magazines and organising motor shows and marketing events.

    Contact:
    For Grand Prix International PCL
    Wasana ('Jeab') Wongsiri
    Public Relations Department, MT Multimedia
    Tel: +66 0 2612 2081 #131
    Mobile: +66 8 4359 0659
    Email: wasana.w@mtmultimedia.com

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    97% rating for Adult Occupant Protection
    80% rating for Pedestrian Protection

    TOKYO, Dec 1, 2017 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) has today announced that the Australasian New Car Assessment Program (ANCAP) has awarded the all-new Eclipse Cross SUV Coupe the highest 5-star safety rating.

    The ANCAP revealed that the Eclipse Cross achieved a 97% rating for Adult Occupant Protection and an 80% Pedestrian Protection rating.

    The new SUV Coupe's 'Forward Collision Mitigation' system performed well, with collisions avoided or mitigated in all test scenarios and at all test speeds.

    Overall, the Eclipse Cross scored maximum points in many of the tests performed, helping the vehicle to secure the highest safety rating possible.

    This 5 star ANCAP safety rating will apply to all variants of the Eclipse Cross SUV.

    ANCAP Chief Executive, James Goodwin said: "Australian consumers continue to be spoilt for choice in the SUV segment with the new Eclipse Cross arriving on sale with a top ANCAP safety rating."

    "The Eclipse Cross achieved a very high score for Adult Occupant Protection at 97% - the equal second highest score in this area of assessment, and the highest in its class," said Mr. Goodwin.

    The first of Mitsubishi Motors' new generation of vehicles, Eclipse Cross blends sharp looks with the company's signature SUV and 4WD expertise.

    MMC began shipment of the new Eclipse Cross compact SUV to Australia this week, and sales will commence in December.

    For additional information on the Eclipse Cross, please follow the link below.
    http://www.mitsubishi-motors.com/en/showroom/eclipse_cross/

    About Eclipse Cross

    Developed with Mitsubishi Motors' Reinforced Impact Safety Evolution (RISE) vehicle body, 7 SRS airbags and seatbelts designed for passenger protection, Eclipse Cross provides class-leading safety with unrivaled style. The Eclipse Cross comes with Mitsubishi Motors' advanced S-AWC (Super All Wheel Control) system, which uses braking to control the supply of torque to the left and right wheels for improved stability and control. The SUV Coupe is also equipped with a high-shock absorbing front end and safety spaces under the engine hood that enhances collision safety performance. Eclipse Cross achieved the highest five-star safety rating in the 2017 Euro New Car Assessment Programme, demonstrating that the model is one of the safest sports utility vehicles in its class.

    About ANCAP

    The Australasian New Car Assessment Program (ANCAP) is Australasia's leading independent vehicle safety advocate. Since 1993, ANCAP has published crash test results for over 840 passenger and light commercial vehicles sold in Australia and New Zealand. ANCAP provides consumers with transparent advice and information on the level of occupant and pedestrian protection provided by different vehicle models in the most common types of crashes, as well as their ability - through technology - to avoid a crash. To achieve the maximum 5 star ANCAP safety rating, a vehicle must achieve the highest standards in all tests and feature advanced safety assist technologies (SAT).

    About Mitsubishi Motors

    Mitsubishi Motors Corporation is the sixth largest automaker in Japan and the sixteenth largest in the world. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries. From October 2016, Mitsubishi is one-third owned by Nissan, and a part of the Renault - Nissan - Mitsubishi Alliance. For more information, please visit www.mitsubishi-motors.com/en/index.html.

    Contact:
    Mitsubishi Motors Public Relations Department http://www.mitsubishi-motors.com +81-3-6852-4275

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    HONG KONG, Dec 1, 2017 - (ACN Newswire) - ASM Pacific Technology Ltd. (ASMPT), a world leader in the supply of semiconductor assembly and packaging equipment and materials, as well as surface mount technology solutions announced today that it has been awarded "Directors of the Year Awards 2017". First launched in 2001, this award is organized by The Hong Kong Institute of Directors (HKIoD) and co-organized by The Financial Services and the Treasury Bureau; Securities and Futures Commission and the Hong Kong Exchanges and Clearing Limited. To date more than 100 awardees from listed companies, private companies and non-profit-distributing organizations in Hong Kong have been recognized for their achievements in demonstrating exemplary high standards in corporate governance.

    The winning companies were judged based on factors such as board composition, skill mix and competencies of directors; effectiveness in strategic corporate business functions; managing compliance and accountability; managing risk, changes and succession planning; business ethnic and any other achievements etc. Besides submitting the nomination form and supporting documentations, the participating companies also have to go through stringent criteria, face-to-face interview and selection process of the award set by the judging panel.

    The HKIoD lauded ASMPT for its adoption of Board Diversity Policy to ensure the Group is being professionally managed. The HKIoD's panel of judges also highlighted ASMPT's success in achieving high standard in corporate governance and its ability to strike a balance between short-term gains and long-term needs.

    "We are very much humbled to receive such prestigious award as it is an endorsement that we are on track in our efforts for a sustainable future. It is always at the core of ASMPT's values to commit to the highest ethical business standards and be open, honest and accountable in the manner we conduct our business." said Mr. Lee Wai Kwong, CEO of ASMPT.

    Mr. Lee continued, "The Group's success is not only determined by the good business strategies implemented or outstanding financial results achieved, but also how we proactively give back to the communities we operate in. As such, we are also committed to play an active role in encouraging our employees to do their part with volunteer work and projects. On behalf of ASMPT, I would like to thank the Board Members for taking the lead in the checks and balances of corporate governance, the Senior Management team for their leadership and all our employees for their unflagging efforts and commitment."

    About ASM Pacific Technology
    ASMPT, founded in 1975, is the only company in the world that can offer high-quality equipment for all major steps in the electronics manufacturing process - from carrier for chip interconnection to chip assembly and packaging to SMT. No other supplier offers a comparable range and depth of process expertise.

    ASMPT's Back-end Equipment Business offers a diverse product range from bonding to molding and trim & form to the integration of these activities into complete in-line systems for the microelectronics, semiconductor, photonics, and optoelectronics industries. Its Materials Business provides customers with a variety of leadframes such as etched and stamping as well as advanced packaging materials. ASMPT' SMT Solutions develops and sells best-in-class DEK printers for the SMT, semiconductor and solar markets as well as best-in-class SIPLACE SMT placement solutions.

    ASMPT is listed in the Hong Kong Stock Exchange since 1989.

    For media enquiries, please contact:
    Hong Kong
    Mandy Go
    Strategic Financial Relations Limited
    Tel: (852) 2864 4812
    Email: mandy.go@sprg.com.hk

    Singapore
    Joey Ng
    Senior Manager, Corporate Communications
    Tel: (65) 6750 9567
    Email: joey.ng@asmpt.com
    Website: www.asmpacific.com




    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    - "Mitsubishi Shipbuilding Co., Ltd." to Focus on Ships Requiring High-density Outfitting and Environmental Measures, "Mitsubishi Heavy Industries Marine Structure Co., Ltd." to Develop Ships Operated by New Fuels -

    - Both new companies to be launched on January 1, 2018
    - Mitsubishi Shipbuilding will mainly construct ships requiring high-density outfitting
    - Mitsubishi Heavy Industries Marine Structure to build large ships and marine structures

    TOKYO, Dec 1, 2017 - (JCN Newswire) - Effective January 1, 2018, Mitsubishi Heavy Industries, Ltd. (MHI) will establish two new wholly-owned companies in conjunction with reorganization of its shipbuilding business. Mitsubishi Shipbuilding Co., Ltd. will primarily undertake construction of ships that require intensive outfitting, and Mitsubishi Heavy Industries Marine Structure Co., Ltd. will mainly engage in the manufacture of large ships and marine structures.

    Mitsubishi Shipbuilding Co., Ltd. will consolidate the current capabilities of MHI's various shipbuilding bases (Shimonoseki, Nagasaki, etc.) and function as a business company exclusively dedicated to shipbuilding. Its corporate name was chosen to reflect MHI's long history and traditions in shipbuilding. Applying MHI's prowess in engineering, the new company will grow business in ships that require intensive outfitting: ferries, vessels used by governmental agencies, etc. It will also make social contributions in areas impacting the environment, in a quest to achieve sustained development.

    Mitsubishi Heavy Industries Marine Structure Co., Ltd. will carry on construction of large ships making use of the premises and human resources of the Koyagi Plant of MHI's Nagasaki Shipyard & Machinery Works. The new company will also expand business in units accommodating new fuels and manufacture of marine steel structures.

    MHI will work closely with the two new companies, providing its total support toward the development of their business operations.

    About Mitsubishi Heavy Industries, Ltd.

    Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
    For more information, please visit the MHI Group website: http://www.mhi-global.com.
    For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.

    Contact:
    Joseph Hood, PR Manager Mitsubishi Heavy Industries, Ltd. Email: mhi-pr@mhi.co.jp Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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