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ACN Newswire press release news - Recent Press Releases

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    To Build an International Education Base

    HONG KONG, Apr 23, 2018 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("AAI" or the "Group") (stock code: 00711) has signed a letter of intent of strategic cooperation framework with Guangzhou Nansha Development Zone and Guangzhou Industrial Investment Fund Management Co., Ltd. ("Guangzhou Fund"). The three parties, reaching consensus on "bringing overseas resources to Nansha for setting up an industrial fund to promoting development of Nansha", will team up to develop education, medical and elderly services, as well as urban infrastructure in the Nansha Free Trade Zone, starting with building an education base.

    Mr. Dominic Pang, Chairman of Board of AAI, said, "The strategic cooperation is the first joint development project after a Guangzhou Fund wholly-owned subsidiary, SFund International Investment Fund Management Limited (SFund International), became a strategic shareholder of the Group. Nansha, which is in the heart of the Guangdong-Hong Kong-Macao Big Bay Area, is a new state-level area and a pilot free trade zone, hence is eager to have urban infrastructure built and for plans to help it develop and pursue technological innovation. The Group will seize development opportunities and focus on promoting development of such areas as education, elderly services and housing. The cooperation will allow the Group to leverage the rich experiences and resources on the mainland of the Investment Promotion Bureau of Guangzhou Nansha Development Zone and Guangzhou Fund to gradually grow its business in mainland and also capture development opportunities in the Big Bay Area."

    The three parties will combine strengths and, via setting up and using such financial tools as industrial fund, PE fund, M&A fund, etc., contribute to the construction and upgrade of including but not limited to projects in relation to education, healthcare, elderly services, urban infrastructure, planning and construction, technological innovation and start-up business in the Nansha New Area. The partners will start with setting up an education fund which purpose will be to promote modern and international education development that agrees with the education plan of the Nansha New Area. The Group intends to introduce world renowned education institutes into the area, and adopting advanced operational and management concepts, work together with its partners on studying and devising a relevant plan for building an international education base in Nansha.

    Mr. Cai Chaolin, Municipal Committee Member of Guangzhou and Secretary of Nansha District, said, "The report of the 19th National Congress of the Communist Party of China pointed out the need to grant greater autonomy in reform to free trade zones for exploring the feasibility of building free trade ports and developing the Guangzhou-Hong Kong-Macau Big Bay Area, and that will present Nansha with new historical development opportunities. Against this backdrop, Guangzhou Fund and AAI will embark on strategic cooperation on all aspects with Nansha, which is an important and timely move to take to greater depth the cooperation between Guangzhou and Hong Kong."

    Mr. Han Ying, Chairman of Guangzhou Fund, said, "Guangzhou Fund will use its ability in integrating core business and financial resources, attracting financial and social capital, utilizing varies financial tools, and marry them with its international operational experience and edges to establish a RMB10 to 30 billion industrial fund by its subsidiary SFund International and related companies for providing professional financial services to the cooperative project."

    Guangzhou Industrial Investment Fund Management Co., Ltd.
    Founded in 2013 and led and managed by the Guangzhou Municipal Government, Guangzhou Industrial Investment Fund Management Co., Ltd. is the first fund management company to obtain external AAA ranking in China, and also the first company in Guangdong Province to receive the highest ranking in the asset management category from Standard & Poor's and Fitch Group. It engages in such businesses as government fund management, private equity (PE) investment, venture capital (VC) and other finance platforms. Moreover, it has built a complete financial industrial chain that covers angel funds, VC investment, PRE-IPO, PIPE, M&A funds, urban development funds, government funds, Internet financing and fixed income, among other services. As at the end of 2017, it had contracted funds valued at RMB380 billion and actually managed funds worth RMB138 billion. SFUND International is the international investment and financing arm shrewd in innovation of Guangzhou Industrial Investment Fund Management Co., Ltd. and also a strategic shareholder holding 9.8% equity interests in AAI.

    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 00711. It is engaged in various businesses including construction engineering and management, property development, security services and property management. 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. For details, please refer to the company website: http://www.asiaalliedgroup.com

    For press enquiries:
    Strategic Financial Relations Limited
    Joanne Lam (852) 2864 4816 joanne.lam@sprg.com.hk
    Cindy Lung (852) 2864 4867 cindy.lung@sprg.com.hk
    Isabel Kwok (852) 2864 4824 isabel.kwok@sprg.com.hk

    Photo Caption:
    (From left) Mr. Xie Xiaohui , Secretary of Investment and Trade Promotion Bureau of Guangzhou Nansha Development Zone; Mr. Shea Chun Lok, Chief Financial Officer of Asia Allied Infrastructure Holdings Limited; Ms. Ruan Xiaohong, Nansha District Government Deputy Governor; Mr. Dominic Pang, Chairman of the Board of Asia Allied Infrastructure Holdings Limited; Mr. Cai Chaolin, Municipal Committee Member of Guangzhou and Secretary of Nansha District; Mr. Han Ying, Chairman of Guangzhou Fund; Mr. Xie Ming, Deputy Chairman of the Management Committee of Nansha Development Zone (Free Trade Zone of Nansha District); Mr. Liu Zhijun , Deputy General Manager of Guangzhou Industrial Investment Fund Management Co., Ltd.


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Paris, Amsterdam, Apr 24, 2018 - (ACN Newswire) - Financial information as at March 31, 2018

    1. Consolidated turnover

    The consolidated turnover of Unibail-Rodamco for the first quarter of 2018 amounted to EUR 535.7 Mn.
     
    Turnover
    ----------------------------------------------------------------------
    in EUR Mn, excluding VAT Q1-2018 Q1-2017 Change
    ----------------------------------------------------------------------
    Shopping Centres 375.9 360.8 +4.2%
    Offices 39.1 36.6 +6.6%
    Convention & Exhibition 90.6 97.3 -6.9%
    Rental income 57.6 64.1 -10.2%
    Services 33.0 33.2 -0.6%
    Other activities 30.1 33.9 -11.1%
    ----------------------------------------------------------------------
    Total 535.7 528.6 +1.3%
    ----------------------------------------------------------------------
    Figures may not add up due to rounding.

    2. Gross Rental Income as at March 31, 2018

    Gross Rental Income (GRI) of the Shopping Centre division amounted to EUR 375.9 Mn for the first quarter of 2018, an increase of +4.2% compared to the same period in 2017. This strong performance was driven by like-for-like rental growth and the pipeline deliveries in Q4-2017, and partially offset by the impact of disposals of non-core shopping centres in France (Channel Outlet Store and L'Usine Roubaix) and the Nordics (Eurostop Arlanda, Arninge Centrum and Eurostop Orebro). The performance in Central Europe was boosted by the delivery of Wroclavia and the extension of Centrum Chodov in 2017.

    The GRI of the Office division amounted to EUR 39.1 Mn, up by +6.6% compared to the first quarter of 2017. The rental income of offices in France grew by +8.2%, due to strong letting in 2017 which reduced vacancy to 3.3% as at December 31, 2017, which was partially offset by the disposal of the So Ouest Plaza office building in 2017.

    The GRI of the Convention & Exhibition division decreased by -10.2% to EUR 57.6 Mn due to the timing of some biennial shows and the closing of the Pullman Montparnasse hotel for renovation.
     
    Gross Rental Income
    ----------------------------------------------------------------------
    in EUR Mn Q1-2018 Q1-2017 Change
    ----------------------------------------------------------------------
    Shopping Centres 375.9 360.8 +4.2%
    France 169.7 166.7 +1.8%
    Central Europe 52.5 42.2 +24.4%
    Spain 45.6 44.2 +3.3%
    Nordics 37.8 41.5 -8.9%
    Austria 27.3 25.9 +5.4%
    Germany 25.5 24.3 +4.9%
    Netherlands 17.4 15.9 +9.3%
    Offices 39.1 36.6 +6.6%
    France 33.9 31.3 +8.2%
    Other regions 5.2 5.3 -2.6%
    Convention & Exhibition 57.6 64.1 -10.2%
    ----------------------------------------------------------------------
    Total 472.6 461.5 +2.4%
    ----------------------------------------------------------------------
    Figures may not add up due to rounding.

    Major events

    1. Tenant sales and footfall

    Tenant sales(1) in Unibail-Rodamco's shopping centres through March 31 were up by +3.6% compared to the same period in 2017, with strong performance in Central Europe, France, Spain and Germany.

    Tenant sales through February grew by +2.1%, broadly in line with national sales indices(2) (which for a number of the Group's regions include online sales). In France, tenant sales through February outperformed the IFLS(3) and CNCC(4) indices by +204 and +485 bps, respectively.

    Footfall(5) in Unibail-Rodamco's shopping centres grew by +2.5% through Q1-2018. Central Europe and France posted strong footfall growth of +4.2% and +3.9%, respectively.

    2. Post-closing events

    In early April 2018, Unibail-Rodamco signed a lease with Nestle for the entire SHiFT office building in Issy-les-Moulineaux (more than 45,000 wm2 of GLA). SHiFT is scheduled to be delivered in H1-2019.

    3. Westfield Transaction

    On March 29, 2018, Unibail-Rodamco announced the filing and approval of the documentation for the proposed acquisition of Westfield by Unibail-Rodamco (the "Transaction") by the French Financial Markets Authority (Autorite des Marches Financiers) (AMF) and the Dutch Authority for the Financial Markets (Autoriteit Financiele Markten) (AFM). Contribution Appraisers appointed by the Commercial Court of Paris concluded that with respect to the proposed Westfield Transaction, the total consideration offered by Unibail-Rodamco for all outstanding Securities of Westfield is fair from a financial point of view to the shareholders of Unibail-Rodamco.

    Westfield disclosed on April 12, 2018, that the Australian Securities & Investments Commission (ASIC) had registered the Westfield Securityholder Booklet. This document includes a report by an Independent Expert, which concludes that the Transaction is in the best interests of Westfield securityholders, in the absence of a superior proposal.

    As announced previously, the Transaction has been unanimously recommended by Westfield's Board of Directors as well as by Unibail-Rodamco's Management Board and Supervisory Board, and remains subject to the approval of Unibail-Rodamco shareholders and of Westfield securityholders, and to other customary conditions described in the Implementation Agreement dated December 12, 2017.

    Commenting on the results and the progress on the Westfield Transaction, Christophe Cuvillier, CEO and Chairman of the Unibail-Rodamco Management Board said:

    "The solid growth in the Group's sales and rental income in the first quarter of the year reflects the strength of our business and of Unibail-Rodamco's strategy of focusing on exceptional shopping destinations. During this period, we also took important steps towards completing the acquisition of Westfield. The reports submitted by the independent experts confirm the strength of our offer for the securityholders of Westfield and the shareholders of the Group. The proposed acquisition of Westfield represents a compelling value proposition. The Transaction will create the premier global developer and operator of flagship shopping destinations. We are looking forward to finalizing this acquisition and rolling out the implementation plan, to create value for the New Group and its shareholders."

    The Unibail-Rodamco Annual General Meeting will be held on May 17, 2018. Meetings of Westfield securityholders are to be held on May 24, 2018.

    For the most recent information on the Westfield transaction, including the investor presentation uploaded on April 16, 2018, please consult the Westfield Transaction section on the Unibail-Rodamco website: www.unibail-rodamco.com

    4. Financial schedule

    The next financial events on the Group's calendar will be:
    May 17, 2018: Unibail-Rodamco AGM
    May 30, 2018: Payment of a final dividend (ex-dividend date: May 28, 2018)

    Unibail-Rodamco will inform the market about the date of the release of the half-year results shortly after the expected implementation date of the Westfield Transaction (June 7, 2018).

    Notes:
    1. Tenant sales data include shopping centres accounted for using the equity method (Rosny 2, CentrO, Metropole Zlicin and Paunsdorf Center) but not Jumbo and Zlote Tarasy, as they are not managed by the Group. Tenant sales performance in Unibail-Rodamco's shopping centres, including extensions of existing assets, but excluding deliveries of new brownfield projects, newly acquired assets, The Netherlands and assets under heavy refurbishment. For the Q1-2018 reporting period, shopping centres excluded due to delivery or ongoing works were Galerie Gaite, Les Boutiques du Palais, La Part-Dieu, Parly 2, Glories, Wroclavia, CH Ursynow and Gropius Passagen. Primark sales are based on estimates.
    2. National indices available (year-on-year evolution) as at February 2018: Institut Francais du Libre Service - Mode & Cosmetique, Maison et Loisirs - excluding food (France); Instituto Nacional de Estadistica (Spain); cesky statisticky urad (Czech Republic); Eurostat (Austria, Slovakia); Danmarks Statistik (Denmark); Germany: Destatis-Genesis (Federal Statistical Office) - excluding online only operators and fuel sales. Polish index (Polska Rada Centrow Handlowych) as at January 2018. Including online only sales for France, Spain, Austria, the Czech Republic and Slovakia and excluding online only sales for Germany, the Nordics and Poland.
    3. Institut Francais du Libre Service index - Mode & Cosmetique, Maison et Loisirs (excluding food).
    4. Conseil National des Centres Commerciaux index - all centres, comparable scope.
    5. Footfall data include shopping centres accounted for using the equity method (Rosny 2, CentrO, Metropole Zlicin and Paunsdorf Center) but not Jumbo and Zlote Tarasy, as they are not managed by the Group. Footfall in Unibail-Rodamco's shopping centres, including extensions of existing assets, but excluding deliveries of new brownfield projects, newly acquired assets and assets under heavy refurbishment. For the Q1-2018 reporting period, shopping centres excluded due to delivery or ongoing works were Galerie Gaite, Les Boutiques du Palais, La Part-Dieu, Parly 2, Glories, Wroclavia, CH Ursynow, Leidsenhage and Gropius Passagen.

    For further information, please contact:
    Investor Relations
    Maarten Otte
    +33 1 76 77 58 02
    maarten.otte@unibail-rodamco.com

    Media Relations
    Nathalie Feld
    +33 1 76 77 57 94
    nathalie.feld.contractor@unibail-rodamco.com

    About Unibail-Rodamco

    Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial property company, with a presence in 11 Continental European countries, and a portfolio of assets valued at EUR 43.1 Bn as at December 31, 2017. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its more than 2,000 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities or large offices and convention & exhibition centres in the Paris region.

    The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its sustainable vision focuses on the development or redevelopment of outstanding places to meet up, connect, shop, work and enjoy. The Group's commitment to environmental, economic and social sustainability is recognised by its inclusion in the FTSE4Good and STOXX Global ESG Leaders indexes.

    The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor's and Fitch Ratings.

    For more information, please visit our website: www.unibail-rodamco.com

    UNIBAIL-RODAMCO SE : Financial information as at March 31, 2018
    http://hugin.info/136618/R/2186357/845126.pdf

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Supporting Cherenkov Telescope Array in unlocking the mysteries of the Universe through gamma ray observation

    TOKYO, Apr 24, 2018 - (JCN Newswire) - Fujitsu announced that the array control system recently deployed for the Institute of Cosmic Ray Research (ICRR), University of Tokyo, to be used in the Cherenkov Telescope Array (CTA), a gamma ray observatory capable of observations with a sensitivity aiming to be more than ten times greater than existing gamma ray telescopes, has now commenced operations. The CTA, an international joint research project of 33 countries, will conduct observations of cosmic gamma rays by looking at the Cherenkov light emitted when high-energy gamma rays from across the Universe collide with the earth's atmosphere. In addition to the discovery of a diverse variety of high-energy celestial objects, these observations will enable the CTA to perform research into the origins of cosmic rays and supermassive black holes, as well as search for dark matter. Fujitsu's array control system was installed next to a gamma ray telescope located at 2,200 meters in altitude within the Roque de los Muchachos Observatory--one of the world's five largest observatories--on the island of La Palma, in the Canary Islands, Spain. This system, comprised of Fujitsu servers and storage, will conduct a variety of operations in real time, including storing the raw gamma ray observation data, analyzing the amount of gamma rays, and simulating their arrival direction. With this, Fujitsu is supporting observations with the world's largest-scale gamma ray telescope, contributing to CTA's mission of discovering more than 1,000 diverse high-energy celestial objects, and of understanding the formation of the Universe.

    Background

    The CTA, launched in 2006 as an international joint research project, will conduct observations of gamma rays with a level of sensitivity aiming at ten times that of existing gamma ray telescopes. It will have an array of about 100 telescopes that see Cherenkov light, deployed over an area of 3 kilometers. Initially, with observation facilities for the northern hemisphere set up on La Palma, in the Canary Islands, Spain, and then after 2019, by subsequently setting up facilities in Chile for observations in the southern hemisphere to achieve panoramic observations, the CTA is set to become the world's largest-scale gamma ray observatory. Fujitsu has also previously provided control systems to research institutions and other organizations for massive radio telescopes, optical-infrared telescopes, and neutrino observation. Now, in deploying this array control system for the Institute for Cosmic Ray Research, University of Tokyo, which is handling telescope facilities for the northern hemisphere, Fujitsu is contributing to resolving previously unsolved mysteries of the Universe by providing stable, continuous operations in a harsh environment.
    System Details

    The control system was installed inside a shipping container at an elevation of 2,200 meters. When something like a sudden celestial phenomenon is discovered during observations, which take place at night, analyses of the gamma rays and their characterization are conducted immediately using the control system. Those results can then be used to send alerts to other gamma ray telescope facilities, helping to optimize observation schedules. In addition, data collected and analyzed during overnight observations is transmitted to the data management center in Germany during the day. This system employs 64 Fujitsu Server PRIMERGY CX2550 M2 x86 servers, with a total of 2,048 cores, for the processing equipment for high-performance analysis and the telescope control server. Fujitsu Storage ETERNUS DX200 S4 is used to store the huge volumes of collected data, providing an effective capacity of three petabytes. In order to provide high-speed data access, the system uses EDR InfiniBandTM high-speed interconnects that enable 100-gigabit-per-second communications between the processing equipment and telescope control, and the high-capacity storage.

    Comment from Professor Masahiro Teshima, Institute for Cosmic Ray Research, University of Tokyo

    With the computing system provided by Fujitsu, we can collect and analyse huge amounts of data from CTA, which will achieve the world's best sensitivity as the instrument for high energies. CTA will expand the visible horizon of the Universe with high-energy gamma rays and deliver information on dynamical and explosive phenomena, on the high energy radiation from supermassive black holes, and the newly born black holes. It is also possible to explore the nature of dark matter which is a major component of the Universe, owing to 25% of its mass. CTA observes the high energy gamma rays at tera-electron-volt energies, which is comparable to the maximum reachable energy in particle collisions with the world largest accelerator LHC. CTA is expected to not only provide us with fundamental knowledge on high energy phenomena in the Universe but also a deep insight into the constitution of the Universe, dark matter, and ultimately on the nature of space and time.

    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 Limited Public and Investor Relations Tel: +81-3-3215-5259 URL: www.fujitsu.com/global/news/contacts/

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Supporting Initiatives to Ensure Safety in the Daily Lives of Local Residents

    TOKYO, Apr 24, 2018 - (JCN Newswire) - KDDI CORPORATION, OYO Corporation and Toyota Motor Corporation looked into establishing an "information support system for the government and local administrations as a measure against disasters" using cutting-edge technologies in IoT and big data analysis. The companies agreed to carry out demonstration experiments with the aim of commercializing this system by 2019.

    This system will bring together KDDI's demographic movement data, OYO's various data from disaster monitoring sensors, probe data obtained through Toyota's connected cars, and publicized data, such as weather information, with the aim of creating all kinds of disaster prevention information.

    This system will enable local administrations to, e.g., ascertain where the passable roads are, and allow the monitoring of extensive infrastructure in real time and during disasters or normal times. It will boost the accuracy and speed of decision-making in issuing evacuation warnings, regulating traffic, etc., ensuring safety in the daily lives of local residents.

    Moreover, an exhibition will be held with a concept demonstration of this system, and explanations will be given on the concept behind the business at The 16th ITS Asia-Pacific Forum FUKUOKA 2018 to be held on May 8, 2018, in Fukuoka City.

    Events That Prompted the Development of This System

    In response to natural disasters, such as earthquakes, typhoons, localized torrential rain, landslides, damage from heavy snow, etc., that have struck frequently in various regions in recent years, local administrations have established systems for gathering, analyzing and communicating information on disaster prevention. Then evacuation warnings are issued (such as traffic regulation on roads before and after disasters, and issuing of evacuation orders to residents) after a variety of decision-making processes.

    On the other hand, local administrations are faced with more people in need of assistance during evacuation due to aging, and more cases of abnormal weather, as well as larger, more extensive and complicated disasters due to global warming, in addition to dealing with aging infrastructure. This has led to the need to further bolster regional disaster prevention systems.

    To resolve these issues, the three companies are combining and analyzing the big data they hold to come up with methods of efficiently gathering and analyzing disaster information, and consider optimal methods of providing assistance during disasters.

    The Expected Results

    This system will enable vehicles and smartphones to be used as mobile IoT sensors to complement data gathered through fixed sensors set up by the government and local administrations.

    Merging and analyzing the various kinds of big data gathered through these new mobile IoT sensors will allow the establishment of an extensive infrastructure monitoring system during disasters as well as normal times. This will boost the accuracy and speed of decision-making by the government and local administrations by enabling the discovery of signs prior to disasters, on-site confirmation, implementing of disaster prevention measures (traffic regulation, evacuation warnings, etc.), on-site safety confirmation, and the lifting of regulations and warnings.

    Preparing for Practical Application of the System

    The companies will begin demonstration experiments in 2018, and aim for practical application of the system by 2019. We will cooperate extensively with other companies who wish to take part in the practical application of this system with the aim of further evolving the concept, and developing various services targeting private enterprises.

    The Role of Each Company

    KDDI
    - KDDI will work on this system to develop a way of carrying out an integrated analysis of various IoT sensor data and demographic movement using big data on positional information from cell phones*, and newly developed demographic movement analysis/prediction technology. This will enable, e.g., effective transporting of supplies during disasters by, e.g., analyzing the population distribution at shelters.

    OYO
    - OYO will make use of its achievements and experience in providing consultation services for disaster prevention and mitigation for the government, local administrations and various research institutes, to set up various sensors (water level monitoring, Inclinometer Monitoring, seismographs, inundation sensors, etc.) throughout regions to monitor natural disasters around the clock. This data will then be provided to the system. Moreover, the company will contribute to mitigation of disasters and the safety of residents by supporting the executing of disaster prevention action plans (timeline) that need to be implemented by the people in charge of dealing with disasters at local administrations when alerts are issued.

    Toyota
    - Toyota will provide this system with data that has been processed statistically by the Mobility Services Platform gathered from traffic information probes and hazard lamps, information on outside air temperature, etc., and enable visualization of the state of traffic to contribute to the securing of greater urban safety and security.

    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 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    TOKYO, Apr 24, 2018 - (JCN Newswire) - Showa Denko (SDK) has entered into an agreement with Astellas Pharma Inc. supporting its research on the practical applications of MucoRice-CTB, a rice-based oral vaccine, to be carried out with the Institute of Medical Science, the University of Tokyo, Chiba University and Asahi Kogyosha.

    SDK will be responsible for providing Astellas with LED lighting and related equipment for plant growth, contributing to the development of MucoRice with know-how nourished through years of experience in plant factories.

    Showa Denko's LED lighting systems for plant growth include LEDs that emit deep-red light with wavelengths of 660 nm, the optimal light for photosynthesis, with the highest levels of efficiency yet measured, and LEDs which emit blue light.

    Using an S-method (SHIGYOTM Method) which irradiates deep-red and blue lights alternately in optimized cycles, the system creates an environment that allows a lettuce to grow to 150 grams only 30 days after seeding.

    The system's equipment not only controls the lighting environment as desired, but applies to a variety of plant growth strategies as well. For more information, please visit www.sdk.co.jp/english/ or contact the SDK Public Relations Office at +81-3-5470-3235.

     
    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Lea Czermak, Senior Creative Project Manager for NellyRodi, identifies four groups of consumers that dominate demand. She was speaking at a seminar entitled "Fascination NellyRodi Trends Spotting for Summer 19", held on 20 April during the Houseware Fair.
    Consumer Trends and In-demand Products Explored

    HONG KONG, Apr 24, 2018 - (ACN Newswire) - International consumers are demanding bright, authentic and adventurous homewares, leading trendspotters reported to 2 trend seminars at this year's HKTDC Hong Kong Houseware Fair (20-23 April). They identified the colours, features and textures that will define the collections of 2019.

    The first seminar saw Lea Czermak, Senior Creative Project Manager for Paris-based trend-forecasting agency NellyRodi, identify four groups of consumers that dominate demand. The second seminar featured WGSN Senior Editor Anupreet Bhui, who presented four trends that drive product development.

    Four consumer types identified for summer 2019 --

    At the first seminar, entitled "Fascination NellyRodi Trends Spotting for Summer 19", Ms Czermak presented four concepts to inspire buyers, delivering a look book of products in varying colours, materials, shapes and moods. She said the agency's research had identified consumers that were eager to explore new solutions and built-in modularity in more functional and streamlined collections.

    "It's a really sunny and positive disposition that today's lifestyle proposes new decorative concepts and some new ideas to introduce to your home," she told the seminar. "We really need to bring out a new creativity and new opportunities to create some fascinating and inspiring new worlds and ideas." These social trends were linked to "four adventures" called Colonial Chic, Vital Vibe, Magnetic Mix and Super Solarium.

    Vital Vibe --

    Simplicity, nature and environmental concerns drive the Vital Vibe, a type of consumer that identified with a laid-back Californian vibe. "They enjoy taking their time and simplicity but they also want to experiment. You can imagine them in a laboratory... creating new solutions to protect the world," she said.

    These consumers would be keen to see products made of new resins and composite materials that were presented in natural colours, but also items crafted from sustainable sources, such as wood and cane that might be shaped by plaiting and weaving.

    Magnetic Mix --

    Consumers inspired by a science-fiction-fuelled future - shiny, sleek and high-tech - fall into the Magnetic Mix category. "They want to find innovation everywhere and they want to experiment with new materials. They live in an extreme environment where they don't have any superfluous things around," she said.

    Buyers could tap into this market by delivering products that combined aesthetics and subtle technology, in modern textiles, sustainable plastics and creative shapes, in shades of green, blue and violet. Iridescence and pearlescence, chrome and frosted finishes, and pastel walls and surfaces were offered as design trends.

    Colonial Chic --

    Demand for classic and heritage shapes with a twist, which may have been inspired by the Baroque or Colonial eras of Western history, identifies the Colonial Chic consumer - the shopper that likes to mix and match, filling their homes with exotic plants and collections that are elegant, precious and high-end.

    "They like to collect things and they like to put them together. They like to have a 'social network staging' and take pictures of their house, putting them on Instagram and sharing them. It's a kind of show-off way to live," she said. Design ideas included darker and more sophisticated shades, including blue, brown and gold; exotic shapes and unusual fruit motifs; intricate details; and well-designed decorative objects.

    Super Solarium --

    The final consumer group identified by NellyRodi for summer 2019 was an upbeat, festive one, based on instinct, visuals and rooted in creative energy. Super Solarium consumers were fascinated by experimental design, brilliant light and electric primary colours everywhere that "were a manifesto", said Ms Czermak.

    "They really want to mix and match... to customise and personalise their own products. They don't want to just buy something from the shop, they want to recreate and to redesign." Tribal designs, seaside motifs, recycled and up-cycled goods, the psychedelic and the 1960s were touchpoints that buyers could look to for inspiration.

    Emotional macro trends drive consumer behaviour --

    At a second seminar, presented on 21 April, buyers heard from WGSN, a leading global authority in trends for consumer markets. The "WGSN Presents: Lifestyles of the Future" seminar outlined four lifestyle directions that will most influence the agency's clients for the next few seasons.

    Leading the seminar was WGSN Senior Editor Anupreet Bhui. From the company's Hong Kong office, Ms Bhui focuses on consumer insights, marketing and product ideation. She suggested there were four "macro trends" based on emotion that are driving the agenda for consumers: Being Connected, Being Flexible, Being True and Being Well.

    Being Connected --

    Based on the sensation of isolation that is typified by the "Empty Nest" youth of the Chinese mainland, younger consumers want real connections, Ms Bhui said. "Now, and in the future, people are reaching out to find solutions in working, living and shopping to stay connected," Ms Bhui told the seminar.

    In the world of work, the rise of co-working spaces was an antidote to the isolation felt by freelancers and workers in the "gig economy". The emergence of co-living spaces was a linked phenomenon. While these shared housing arrangements were also linked to financial inequality, dormitory-style living was increasingly common in affluent, Western cities.

    Similarly, retailers were doing less with more by offering fewer brands in smaller spaces, and increasing the sense of exclusivity felt by consumers. In large-scale retail, the idea of community commerce - or curating a mix of chain-store and establishment brands with independent stores - was gaining traction as malls once again become hubs of community interaction.

    Within the home, the trend to connect includes digital communications and technology. Artificial technology will continue to evolve, Ms Bhui said, creating an ambient technology that went far beyond the auto-replenishment functions of Amazon's "Dash' buttons.

    Being Flexible --

    "We are seeing our customers living in smaller and even smaller spaces, yet demanding more from these spaces especially great design. In the US, in 2016, for the first time since 2009, the average size of a home built went down from the prior year," she said. Energy efficiency, storage, flexible floorplans and doing less with more were all important drivers of consumer behaviour.

    Ori Systems combines robotics and architecture to create modular furniture that changes shape, for example, while IKEA is due to release a collection of space-saving furniture based on the research of space agencies. The flexible home was also a personalised one, where consumers wanted to express themselves - and were prepared to pay for it.

    Being True --

    Well-being is now a mainstream concept that involves the seeking out of comfort and health throughout every aspect of our lives. Retailers have incorporated the feeling of homeliness through textures and soft furnishings in creating welcoming spaces. The "mood boosting" power of colour, crystals, lighting and music were leveraged by retailers to offer wellness and unique experiences that met a consumer desire for self-improvement, said Ms Bhui.

    Both seminars were part of the 33rd HKTDC Hong Kong Houseware Fair, which took place alongside the ninth HKTDC Hong Kong International Home Textiles and Furnishings Fair. The two fairs brought together more than 2,600 exhibitors from 26 countries and regions.

    Fair Website:
    Hong Kong Houseware Fair: http://hkhousewarefair.hktdc.com/
    Hong Kong International Home Textiles and Furnishings Fair: http://hkhometextilesfair.hktdc.com/
    Photo Download: https://bit.ly/2Jmffym

    About HKTDC

    Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With more than 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
    - Google+: https://plus.google.com/+hktdc
    - Twitter: http://www.twitter.com/hktdc
    - LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

    Contact:
    HKTDC Communications & Public Affairs Department - Agnes Wat, T: +852 2584 4554, E: agnes.ky.wat@hktdc.org

    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Companies also join forces on delivery for increased synergies

    TOKYO, Apr 24, 2018 - (JCN Newswire) - Nissan Motor Co., Ltd. and Mitsubishi Motors Corp. will jointly use a spare parts warehouse near Tokyo and share a regional delivery network as they work together more closely to reduce costs.

    The companies will both use Nissan's Sagamihara Parts Center, about 30 kilometers southwest of Tokyo, beginning in October this year. They also plan to share the warehouse's delivery network in the Kanto region, which includes the Tokyo metropolitan area.

    Sagamihara Parts Center

    The plan is part of a convergence of aftersales functions led by the Renault-Nissan-Mitsubishi partnership, which Mitsubishi joined in October 2016. Nissan and Mitsubishi expect the joint operations to reduce costs through synergies such as more effective use of vacant storage space and increased efficiency in transportation.

    Under the plan, more than 30,000 spare parts and accessories for Mitsubishi customers will be stored at the Sagamihara center and some will be shipped jointly with Nissan spare parts. Mitsubishi doesn't currently own a large-scale spare parts warehouse in the Kanto region. By reducing lead times between orders and deliveries, the companies aim to improve customer satisfaction with Mitsubishi aftersales in the region.

    About Nissan Motor Co., Ltd.

    Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2016, the company sold 5.63 million vehicles globally, generating revenues of 11.72 trillion yen. In fiscal 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan's global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has a global workforce of 247,500 and has been partnered with French manufacturer Renault since 1999. In 2016, Nissan acquired a 34% stake in Mitsubishi Motors. Renault-Nissan-Mitsubishi is today the world's largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.

    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 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Singapore, Hong Kong, Apr 24, 2018 - (ACN Newswire) - China Jinjiang Environment Holding Company Limited ("Jinjiang Environment" and together with its subsidiaries, the "Group"; Stock Code: BWM), a leading waste-to-energy ("WTE") operator in the People's Republic of China ("PRC"), today announced that it has agreed to subscribe for 40,259,258 new shares in Foxx URE-BA Ambiental Ltda ("Foxx URE-BA"), a company incorporated in Brazil, for a total consideration of R$38,500,000 (equivalent to approximately S$14,939,900). This represents 51.0% of the enlarged issued and paid-up share capital in Foxx URE-BA (the "Investment"), with the remaining 49.0% held by Foxx Innova Ambiental S.A. Following the completion of the Investment, Foxx URE-BA will be a directly-held subsidiary of Jinjiang Environment.

    Foxx URE-BA will construct and operate a WTE project located in Barueri, Sao Paulo, Brazil with a planned waste treatment capacity of 825 tons per day. This is the first WTE and the first PPP waste treatment project in Brazil.

    The consideration for the Investment will be fully paid in cash from a combination of the Group's internal resources and project finance of R$62,000,000 provided by International Finance Corporation, which also provided consulting and financial due diligence services for Jinjiang Environment in relation to the Investment. As at 31 December 2017, according to Foxx URE-BA's unaudited and Jinjiang Environment's audited financial statements, Foxx URE-BA's net assets was R$96,289,000 (equivalent to approximately S$37,364,900), representing approximately 3.7% of the Group's net assets of RMB 4.891 billion (equivalent to approximately S$1.021 billion).

    As the fifth most populous country in the world, Brazil is one of the "BRIC Five Countries" and one of the core countries of Latin America. With an annual waste output of up to 83 million tons, the market potential for waste treatment is huge, and waste generation levels and collection rates are on the rise. Currently, the main method for waste disposal in Brazil is landfilling, and there are no WTE facilities in Brazil. The Brazilian government has gradually placed restrictions on the landfilling of waste, and has encouraged the development of renewable energy in its national plan on new energy development and included WTE power generation in the promotion of new methods and technologies.

    Commenting on the Investment, Ms. Wang Yuanluo, Non-Executive, Non-Independent Chairman of Jinjiang Environment, said: "The Barueri project is Brazil's first WTE project and a milestone in sustainable energy development for Brazil and Jinjiang Environment. As a leader in China's WTE industry, Jinjiang Environment has mature and strong construction, development and operational capabilities. After its successful entry into the Indian market in 2017, Jinjiang Environment has deepened its international growth footprint and replicated the Group's advanced technology and operating model in countries and regions that share similar waste characteristics with China. The Group will uphold high quality standards and efficiency levels, in order to make the Barueri project a landmark project in Brazil and Latin America, kickstart the development of the local WTE industry, raise local standards of sustainable development, and pave the way for the Group's success in Brazil and Latin America. Looking to the future, the Group will continue to take a cue from national environmental policies, leverage on its strong technical support and solid industry position, actively 'go global' in our expansion strategy and make further inroads into overseas markets in order to drive the development of the overall business, add value to the community, and create value for shareholders."


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    LONDON, Apr 24, 2018 - (ACN Newswire) - Campaigns for BT Sport, JetBlue, KFC, Snickers, M&M's, Pampers and PlayStation are among the 20 campaigns that have been shortlisted for the WARC Awards' Effective Social category - a search for marketing initiatives that link social strategy to business success.

    A jury panel of 15 industry experts from both agency and client-side chaired by Elizabeth Windram, Director, Brand and Advertising, JetBlue Airways, has shortlisted campaigns covering a broad range of brands and categories from around the world - Australia, Brazil, Canada, China, Denmark, France, India, Indonesia, Japan, Malaysia, Middle East, Philippines, Singapore, Thailand, Turkey, United Kingdom, United States, Vietnam.

    The shortlisted entries are:
    Crossing The Line - Fleggaard - UncleGrey - Denmark
    #HUNGEREPLY - Snickers - Mars - BBDO Japan - Japan
    Finding the Female Gaze in Fart Jokes - Gas-X - GSK - Weber Shandwick NY - United States
    Office Souvenirs - JetBlue - MullenLowe US - United States
    Little Tickets - JetBlue - MullenLowe US - MullenLowe Group - United States
    #InMyFamilyWeSay - Hepar - Nestle Waters - Marcel - France
    Condom or Denim? - Durex Jeans - Reckitt Benckiser - Havas Worldwide India - India
    Time With Mum - Road Safety Commission - 303 MullenLowe - Australia
    Nudging people out of compassion fatigue and into action - UNICEF - Bohemia Group - Australia
    Full-heart support during Gaokao - McDonald's - BBDO China - China
    Ole Ole Hour! - KFC - QSR Stores Sdn Bhd - Ensemble Worldwide, UM Malaysia - Malaysia
    Like my addiction - Addict'Aide - BETC - France
    Justice Bao and The Missing Travel Insurance - Singapore Tourism Board - TBWA\Singapore - Singapore
    Play Everything - PlayStation - Sony Interactive Entertainment Singapore - TBWA\Singapore - Indonesia, Malaysia, Philippines, Singapore, Thailand
    Positive - Pampers - Procter & Gamble - Leo Burnett Vietnam, Saatchi & Saatchi Vietnam, MSL Group Vietnam - Vietnam
    It's not cricket, it's the ashes - BT Sport - BT - AMVBBDO - United Kingdom
    GeoStories: How Instagram turned millennials onto geology - Geological Survey of Canada History Committee - McMillan - Canada
    For the sake of M&M's, do not watch Game of Thrones! - M&M's - Mars - ALMAP BBDO - Brazil
    Not another Tide ad. But probably, the dullest content in history for the least active kids in history - OMO - Unilever - FP7/DXB - Middle East
    Futbot - Beko - Arcelik - FP7/McCann Istanbul - Turkey

    To see the shortlisted case studies in the Effective Social Strategy category, please view at www.warc.com/warcawards.prize.

    The annual WARC Awards is a global search for next-generation marketing effectiveness. The final shortlist, Effective Content Strategy, will be announced next week. The shortlisted case studies in the Effective Innovation and Effective Use of Brand Purpose categories are available at www.warc.com/WARCAwards.prize.

    About WARC

    - your global authority on advertising and media effectiveness

    warc.com is an online service offering advertising best practice, evidence, insights and data 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 runs 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.

    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 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    UAE, Saudi Arabia & Kuwait, Apr 25, 2018 - (ACN Newswire) - Mr Stephen Phillips, HKSAR Director-General of Investment Promotion, is on a five-day tour of the Middle East, aimed at engaging the region's business communities, and advising of the latest business advantages Hong Kong has to offer.

    The Apr 23-27 schedule covers the UAE, Saudi Arabia and Kuwait where Mr Phillips is scheduled to meet with a broad range of government and business leaders in technology, financial and professional services, banking and retail.

    Mr Phillips will also meet with officials of Dubai's government-funded FinTech Hive, a 12-week accelerator programme designed to nurture fintech start-ups in the region. In Kuwait, Mr Phillips will attend a business event co-organised by InvestHK and the Kuwait Chamber of Commerce and Industry.

    Mr Phillips said, "Hong Kong and the Middle East region have a strong and growing bilateral relationship based on common economic interests. We are exploring opportunities to collaborate across various sectors of mutual interest including new and traditional energy, infrastructure, manufacturing, technology and finance.

    "With the accelerated growth of both our economies and our common vision for partnership, we see tremendous opportunity in working together to support our development plans and to contribute to the broader global economy.

    "Hong Kong is not only a major financial and business hub in Asia with close proximity to the huge Mainland market - new opportunities abound in areas such as innovation and technology, creative industries, smart city, financial technology as well as biological technology.

    "Hong Kong will offer Middle East companies and entrepreneurs looking to expand in Asia a solid platform to grow their business globally."

    During his visit, Mr Phillips will also update the Middle East business community on Hong Kong's latest tax incentives such as the new two-tier profits tax regime and various concessionary tax rates in corporate treasury centre and aircraft leasing.

    Media Middle East-
    Anna McGovern
    Tel: +971 55 523 3893
    amcgovern@investhk.com.hk

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    PHEV Versions of Corolla and Levin Unveiled at Beijing Motor Show

    BEIJING, Apr 25, 2018 - (JCN Newswire) - Toyota Motor Corporation announced today that it plans to introduce to the Chinese market plug-in hybrid electric vehicle (PHEV) versions of its "Corolla" and "Levin" passenger cars in 2019 and a battery electric vehicle (BEV) model based on its "C-HR" / "IZOA"(1) compact SUV in 2020. Including these, Toyota plans to introduce 10 new electrified vehicles in China by the end of 2020. And, by further promoting its local production of electric motors (powertrain components), batteries, inverters, and other electrified-vehicle core technologies, Toyota aims to further accelerate its China-based vehicle electrification efforts.

    The PHEV versions of the Corolla and Levin were unveiled today during the opening day of the Beijing Motor Show. Both models are expected to have a BEV driving range of 50 kilometers or greater, and in 2019, Toyota will begin producing them in China, marking Toyota's first overseas production of PHEVs.

    With an aim to achieve locally based vehicle electrification, Toyota has been working with its Chinese partners and members of the Toyota Group to build a local production base for key components. Efforts have included the launch in 2015 of production of transaxles for hybrid electric vehicles (HEV) at Toyota Motor (Changshu) Auto Parts Co., Ltd. (TMCAP). Going forward, Toyota intends to respond to further expected growth in demand for electrified vehicles through such measures as increasing the annual production capacity for nickel-metal hydride battery modules at Sinogy Toyota Automotive Energy System Co., Ltd. (STAES) and Corun PEVE Automotive Battery Co., Ltd. (CPAB) to 220,000 units in 2020.

    To accelerate its vehicle electrification in China, Toyota is also strengthening its local R&D and production bases. In 2020, it plans to open a new battery testing facility at Toyota Motor Engineering & Manufacturing (China) Co., Ltd. (TMEC), which is Toyota's R&D center in China, for evaluating battery packs for electrified vehicles. And, with its sights set on introducing BEVs in 2020, Toyota is steadily enhancing its local production structures.

    In 2017, including sales of the "Corolla Hybrid" and "Levin Hybrid" installed with locally produced hybrid units, Toyota sold approximately 140,000 electrified vehicles in China. That brought its cumulative total of electrified vehicles sold in the country to approximately 350,000 units, and Toyota plans to continue enhancing its electrified-vehicle lineup.

    As for fuel cell electric vehicles (FCEVs), Toyota is exploring potential applications for its fuel cell technology in China. Last year, it began a three-year verification-test program in China that uses Toyota's "Mirai" FCEV, and it has expanded the scope of feasibility studies to include commercial vehicles such as buses.

    Toyota Senior Managing Officer and Chief Executive Officer, China Region, Kazuhiro Kobayashi said today at the Beijing Motor Show, "We are steadily and confidently advancing all aspects of our environmental strategy in China, the world's most-advanced country in electrification."

    (1) To be sold in China as a "C-HR" (by GAC Toyota Motor Co., Ltd.) and as an "IZOA" (by FAW Toyota Motor Sales Co., Ltd.)

    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 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    - Transformation of the sedan previously known for comfort and quietness into one equally capable of delivering class-leading handling and performance
    - Emotional design reflects new dynamic capabilities
    - Introduction of the First F SPORT Model in the ES Lineup

    BEIJING, Apr 25, 2018 - (JCN Newswire) - After six generations of unprecedented success in the midsize sedan category, the next-generation Lexus ES is forging a new, more ambitious path. Long known for its unparalleled comfort, refinement and luxury appointments, the seventh-generation ES builds on its strengths with an all-new chassis that allows for a more dynamic exterior design and even better driving performance.

    The introduction of the new Lexus ES continues the expression of the brand's design direction and commitment towards crafting vehicles with heightened excitement, emotion and passion expanding that vision of the brand's future to a broader audience. Traditional buyers will find the new ES more spacious, quieter and safer than ever before while a new generation of customers will be introduced to a sedan with sharpened performance, class-leading safety technology and a level of craftsmanship rarely found in this segment.

    The New Dimension of ES Design

    Built on the all-new Global Architecture--K (GA-K) platform, the new ES pushes the limits of design in the midsize luxury sedan class. This ES is longer (+2.6 in), lower (-.2 in) and wider (+1.8 in.) than before with wheels that have been pushed closer to the corners thanks to a two-inch longer wheelbase and wider tracks front (+.4 in) and rear (+1.5 in). It's stance and proportions reflect its newfound performance capabilities and give the ES the kind of eye-catching appearance that will make owners take a second look as they walk away.

    Project Chief Designer, Yasuo Kajino, describes the look of the ES as "provocative elegance". Kajino says: "The ES has always been an elegant luxury sedan. For this generation, we have added daring design elements that challenge the traditional expectations of buyers."
    To create a dynamic yet fluid shape, Kaijino's team used the low hood enabled by the new ES platform to produce a distinctive silhouette emphasized by an aggressive downward slant. Up front, the face of the ES is dramatically different depending on the model. The standard ES 350 and the ES 300h use elegant vertical bars that radiate out from the center while the ES 350 F SPORT model adopts a blacked out cross-hatch pattern that corresponds with cut outs at each corner of the fascia.

    In a break with ES models of the past, the seventh-generation design uses a fast roofline that emphasizes its lower stance and slippery aerodynamics. The rear end is clean and sharply chiseled, with LED taillamps that wrap around the quarter panels to provide a continuous styling line from any angle. F SPORT models add a rear spoiler, additional rear badging and a dark lower valance to further refine the look. There are three different wheel designs (17- and 18-inch) for the ES 350 and ES 300h while the ES 350 F SPORT gets standard 19-inch wheels with a design similar to that found on the LC coupe.

    A dozen colors make up the exterior paint palette including two new shades, one green and one beige, that are anything but typical. Moonbeam Beige Metallic was designed to mimic light reflecting off fresh snow, while Sunlight Green replicates the color of ocean water brightened by the sun. F SPORT models get an exclusive Heat Blue color that compliments its high-energy design.

    The Future of Lexus Interiors

    When designing the look and feel of the ES's interior, Kajino's team started with the Lexus Future Interior concept which blends a driver-centric cockpit with a spacious and comfortable area for the front passenger. In the ES, the driver's focus is kept on the road ahead by placing the center display screen, instrument panel and heads up display in a tight cluster in the driver's field of view. Additionally, adjustments were made to components such as the steering wheel angle and position and brake pedal angle and location to provide the driver with a natural driving position.

    Front passengers, on the other hand, get a more open and spacious environment that promotes relaxation.

    Rear seat passenger comfort has long been a hallmark of the ES and the seventh-generation model still prioritizes rear package capability despite the sleeker exterior roofline. A lower hip point and a carefully configured headliner preserve headroom while the longer wheelbase delivers uncharacteristically generous legroom.

    In addition to the array of eye-catching paint colors available on the ES, there's a new interior color combination that reflects the "provocative elegance" theme. Along with Black, Chateau and Topaz Brown, the ES will offer a new Rich Cream interior that blends cream upholstery with a brown headliner to give the cabin a modern, yet warm look and feel.

    To create an entirely different appearance for the inside of new F-SPORT model, an all-new kind of metallic cabin trim was developed that is unlike anything else Lexus has done before. Inspired by the making of a traditional Japanese sword, Hadori trim features fluctuating wave patterns that give it a three-dimensional appearance that varies depending on the viewing angle. The effect is subtle yet indicative of the level of detail and craftsmanship that Kajino's team put into giving the F-SPORT a unique place in the lineup. The standard ES 350 and ES 300h will continue to offer traditional materials like Bamboo and Shimamoku wood which give the ES a hand-crafted appearance that luxury buyers expect in this category.

    A New Era of Performance

    The engineering team led by Yasuhiro Sakakibara had one clear goal when it came to the ES: Transform the image of the ES. That meant turning a sedan known primarily for comfort and quietness into one that is equally capable of delivering class-leading handling and power that you can feel and hear.

    According to Yasuhiro Sakakibara, Chief Engineer, this ES was built to deliver a fundamentally higher level of performance than any of its predecessors. "We knew that this ES had to feel responsive and easy to drive, no matter what kind of road it was on and that can only be achieved with a solid foundation."

    The starting point was the newly developed Global Architecture-K chassis. It is an exceptionally rigid front-wheel drive chassis, rivaling the Global Architecture-L rear-wheel drive platform used for the LC coupe and LS sedan in terms of torsional stiffness. Various grades of high-tensile steel reduce weight versus previous platforms while additional enhancements like an all-new double wishbone suspension design, rack-mounted electric power steering and a V-brace mounted behind the rear seat gave the engineers the flexibility to tune the ES with a newfound level of precision. Providing a good base to expand and enhance from, the platform allowed us to realize low and wide proportions, resulting in a lower center of gravity and better than ever aerodynamics.

    For the ES's chassis engineering team, the goal was clear: To create a sense of comforting predictability coupled with a feeling of quick response to every movement. Yoshiaki Ito, ES chief test driver describes the ES's heightened level and refined definition of comfort by saying: "We want every kind of driver to feel a sense of complete control when they are behind the wheel of the ES. It's a level of comfort that goes beyond merely delivering a smooth ride."

    For an even higher level of dynamic performance, F SPORT models will offer an Adaptive Variable Suspension (AVS) similar to that found on the LC coupe. This adds adjustable dampers at each corner that feature 650 levels of damping force for the ultimate in control over any surface. The use of linear solenoids result in more precise damping control. Another F SPORT exclusive is a Sport+ mode for the Drive Mode Select system that specifies the most aggressive engine, transmission and suspension settings for maximum performance. A new Engine Sound Enhancement feature is also activated in Sport+ mode that adds an additional layer of engine noise that enhances the natural rhythms of the spirited driving.

    Standard V6 Power and a New 8-Speed Direct-Shift Automatic Transmission

    All ES 350s are powered by a 3.5-liter V6 that is designed to deliver commanding acceleration along with an invigorating sound. With an update to D4-S fuel injection, the impressively smooth engine now develops 300 horsepower and 262 pound-feet of torque. Both of those numbers are up significantly (+32 hp, +14 lb-ft) compared to the previous generation V6.

    In addition to the boost in power, the ES 350 also benefits from a new eight-speed Direct Shift automatic transmission. This uses an ultra-thin torque converter and a multi-plate lock up clutch to more efficiently transfer power to the front wheels, and has been tuned to deliver crisp, precisely timed shifts with quick pedal responses. With a wider spread of ratios, the new eight speed is able to utilize high torque gears on the low end for quick starts and tall gearing on the high end for optimum efficiency.

    In select global markets the ES will be offered as an ES 250, powered by an all-new, high-efficiency 2.5 L 4 cylinder engine. This aluminum-intensive engine features a long-stroke design, laser-clad intake valve seats and advanced Variable Valve Timing with intelligence (VVT i) to achieve a new high-speed combustion process, and achieves an overall thermal efficiency of 38%.

    Fourth Generation Hybrid Drive System

    Not to be outdone by its gasoline siblings, the ES 300h is capable of delivering exceptional fuel efficiency, responsive performance and minimal emissions for a midsize luxury sedan. A new, fourth-generation Hybrid Drive System overturns the traditional image of hybrids with excellent power performance, a high-level fuel economy, and the elimination of the rubber band' feeling associated with previous hybrid systems. The new hybrid system couples an ultra-efficient, Atkinson cycle 2.5-liter, four-cylinder gas engine with a lighter, more compact, more power dense electric motor and self-charging hybrid system. Together they deliver a combined 205 total system horsepower and more than 40 mpg in combined driving.

    An all-new engine, the 2.5-liter four-cylinder incorporates fast burn combustion technology that makes it one of the most thermally efficient engines in a production vehicle. The result is more power without increasing emissions or fuel consumption. Various methods were used to achieve such impressive results including straight intake ports, increased valve angles and laser-clad valve seats. A variable capacity oil pump, multi-hole injectors, VVTi-E on the intake valves and a variable cooling system also contribute to the engine's impressive heat and combustion management.

    Overall drivability of the ES 300h has been improved thanks to a more sophisticated hybrid system control computer that is better able to mimic the feel and power delivery of a standard gas engine. Even the nickel-hydrogen battery is smaller than before which allows it to be mounted underneath the back seat so it doesn't infringe on truck space.

    Unparalleled Safety Comes Standard

    One element of the ES that hasn't been radically transformed is its dedication to safety. All versions of the seventh-generation ES feature the new Lexus Safety System + 2.0 as standard equipment. Already one of the most sophisticated systems of its kind, LSS+ 2.0 adds new capabilities that further expand the scenarios in which it is capable of providing additional safety to the driver and passengers.

    One such feature is daytime bicyclist detection which is part of the comprehensive Pre-Collision System (PCS). Already capable of detecting oncoming vehicles and pedestrians, the Pre-Collision System's ability to detect bicyclists addresses one of the most common accident scenarios on the road today. PCS has also been enhanced to better detect pedestrians at night by increasing the radar's sensitivity and dynamic range.

    Another new safety advancement offered in the ES is a two-stage adaptive high beam system (AHS). This system not only turns the high beams on and off automatically for the driver, its 24 individual LED light array is capable of adapting the light pattern to provide enhanced illumination while reducing glare for oncoming drivers.

    The Next Chapter of ES

    From the nimble, consistent responsiveness that delivers that distinctive Lexus driving performance, to real stitching on areas such as the soft padding of the instrument panel, where each stitch is embedded into materials for a 3-D effect, and the sound insulation and absorption measures that were undertaken to deliver an outstanding level of quietness and sound control, the new Lexus ES is a reminder that nothing is crafted like a Lexus.

    When it goes on sale later this year, the 2019 Lexus ES will usher in a new era for one of the brand's most popular models. Much like the flagship LS, the new ES sedan aims to engage a broader range of customers. It delivers everything that traditional Lexus buyers expect along with elements that will draw in those who haven't considered the brand before. Bolder styling, more dynamic performance, unique cabin materials and the latest safety technology add a chapter to the ES story that will recast the traditional image of the ES into one that is new and unexpected.

    About LEXUS

    Since its debut in 1989, Lexus has earned a worldwide reputation for high-quality products and exemplary customer service. Lexus is the hybrid leader among luxury brands, offering hybrids that provide the best in innovative technology and premier luxury. The evolution of Lexus is reflected in the progressive designs of its new vehicles. The grille, dynamic light treatments, and sculptured lines create a distinctive look of luxury for Lexus. For more information, please visit www.lexus-int.com and www.lexus-int.com/news/.

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

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Toyota City, Japan, Apr 25, 2018 - (JCN Newswire) - The Aichi Low-carbon Hydrogen Supply Chain Promotion Association(1), a body which includes the Aichi prefectural government, companies operating within the prefecture, municipal authorities, and experts, has developed the Aichi Low-carbon Hydrogen Supply Chain 2030 Vision, in addition to a corresponding roadmap. The goal of all entities is the realization of a hydrogen-based society spanning the entire region through mutual coordination and all-inclusive efforts.

    Today, as a first step toward realizing the 2030 Vision, Aichi Prefecture, Chita City, Toyota City, Chubu Electric Power Co., Ltd., Toho Gas Co., Ltd., Toyota Motor Corporation, and Toyota Industries Corporation have launched the Chita City and Toyota City Renewable Energy-use Low-carbon Hydrogen Project.

    1. Outline of the 2030 Vision and the roadmap

    I. Background

    Hydrogen is a useful energy source for realizing a low-carbon society. Without emitting any carbon dioxide (CO2) during use, hydrogen can be produced from renewable resources (including wind power, solar power, and biomass [sewage sludge]) and can be stored and transported for use in various fields. Hydrogen has the potential to support the transition to a low-carbon society, not only in the transportation field, but also in various fields including industrial fields.

    To further promote measures to combat global warming, the low-carbon footprint of the hydrogen supply chain as a whole, through use of renewable resources and the concept of "production, transportation, and use (of hydrogen)," has been promoted in Aichi Prefecture. To meet this goal, shared ownership of the vision is required throughout the region and different entities including industry, academia, and government are expected to work together towards it. In line with this, the Aichi Low-Carbon Hydrogen Supply Chain Promotion Association authored the 2030 Vision, which envisions an Aichi Prefecture in 2030 that makes active use of low-carbon hydrogen in 2030, as well as a roadmap to achieve this.

    II. Main Points

    - Building on the national Strategic Roadmap for Hydrogen and Fuel Cells as well as the Basic Hydrogen Strategy, the 2030 Vision aims to achieve a hydrogen-based society ahead of the rest of country, leveraging the prefecture's experience and expertise in monozukuri (all-encompassing approach to manufacturing).
    - The three pillars of the 2030 Vision are "sustained development of a regional low-carbon hydrogen supply chain," "carbon reduction in the various fields of electricity, transport, heating and industrial processes," and "elimination of dependence on fossil fuels through the expansion of hydrogen distribution volumes over a wider area," and we will work on the effective use of low-carbon hydrogen and creating partners in close conjunction with industry, academia, and government.
    - By introducing a system in which Aichi Prefecture certifies low-carbon hydrogen objectively and fairly, we will aim to promote the popularization of low-carbon hydrogen according to the roadmap.

    2. Outline of the Project

    I. Outline

    The Project is designed to construct a subsistent low-carbon hydrogen supply chain to produce, supply, and use hydrogen generated from renewable resources within the prefecture, as the first step toward achieving the 2030 Vision. In this project, Toho Gas is expected to produce city gas using biogas generated from sewage sludge at the Chita City Southern Sewage Treatment Center, which is then transported to Toyota's Motomachi Plant through existing city gas pipelines. The city gas derived from biogas is passed through gas reformers at the Motomachi Plant, whereby low-carbon hydrogen, which is used to power the Toyota Industries fuel cell forklifts (FC forklifts) in the plant, is produced, compressed, and stored. Additionally, by supplying Toyota with renewable energy from Chubu Electric Power generated at the Toyota City Togari Clean Center through heat from waste incineration (biomass incineration heat), CO2 emissions from city gas that would be used when there is a biogas shortage can be offset.

    We believe that such efforts are meaningful, not only for this project, but also for expanding the amount of renewable energy that will compose the upstream process of the supply chain. In order to increase awareness of this supply chain, Aichi Prefecture has established a Low-Carbon Hydrogen Certification system that certifies hydrogen produced using renewable energy as "low-carbon hydrogen." The Project received certification today becoming the first project to be certified.

    II. Division of roles by entity

    - Aichi Prefecture:Coordination among project members; certification of low-carbon hydrogen production plan; certification of produced hydrogen
    - Chita City:Supply and sale of biogas generated from waste treatment at the Chita City Southern Sewage Treatment Center to Toho Gas
    - Toyota City:Supply and sale of renewable energy generated from biomass incineration heat at the Toyota City Togari Clean Center to Chubu Electric Power
    - Chubu Electric Power:Purchase of renewable energy from Toyota City; supply and sale of renewable energy to Toyota
    - Toho Gas:Purchase of biogas from Chita City; supply and sale of city gas derived from biogas through existing pipelines to Toyota
    - Toyota:Reform city gas derived from biogas purchased from Toho Gas; produce, compress, and store low-carbon hydrogen; utilize low-carbon hydrogen for fueling FC forklifts at the hydrogen station in the Motomachi Plant; purchase renewable energy from Chubu Electric Power, which would offset CO2 emissions from city gas used when there is a biogas shortage
    - Toyota Industries Corporation:Manufacture FC forklifts and sell them to Toyota

    III. Next steps

    The Project is designed to transport renewable energy, such as biogas used for hydrogen production, through the existing energy infrastructure of city gas pipes and the electrical grid to produce and supply hydrogen near where it is used. This will allow costs to be reduced by eliminating the amount of capital investment necessary for the facilities required to compress and transport hydrogen, as well as their maintenance expenses, and to achieve early commercialization through the use of existing energy infrastructure.

    In the future, in addition to discovering and using biogas and developing new renewable resources, such as biomass power generation and wind power generation, we intends to expand the deployment of FC forklifts and the use of hydrogen through the early introduction of industrial-use fuel cells and small-scale hydrogen generation inside plants. In anticipation of increased demand for hydrogen in the future, we will create a new sustainable business model based on the Project and promote the 2030 Vision to work on achieving a low-carbon society in Aichi Prefecture.

    (1) Aichi Low-carbon Hydrogen Supply Chain Promotion Association
    The Association was established in October 2017 to promote the commercialization of a low-carbon hydrogen supply chain and to bridge entities including industry, academia, and government throughout the prefecture in order to achieve this. (Chairman: Professor Ken Okazaki, Tokyo Institute of Technology; Vice Chairman: Professor Yasuo Suzuoki, Aichi Institute of Technology.)

    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 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    - Advanced Security at All Operating States with Low Cost and Space Savings -

    TOKYO, Apr 25, 2018 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI), Nippon Telegraph and Telephone Corporation (NTT), NTT DATA Corporation (NTT DATA), and NTT Communications Corporation (NTT Com) have commercialized "InteRSePT(R)"(1), a jointly developed cyber security technology for critical infrastructure control systems. InteRSePTInteRSePT(R) provides real-time anomaly detection and response for unknown cyber-attacks, contributing to safe and secure system operations. Sales of the system will begin in May. MHI and NTT are actively developing markets for the technology in commercial fields where continuous availability(2) is critical, such as thermal power generation facilities and chemical plants.

    1. Background to the Development

    In addition to the existing security countermeasures, such as IDS / IPS(3) and firewalls(4) to prevent cyber-attacks from malware(5) and DDoS(6), in recent years measures have become necessary to counter advanced cyber-attacks that monitor the operating characteristics and control commands of the target device, and change the timing of network communication or contents of commands to cause the target device to fail.

    MHI and NTT, in response to growing needs, began research and development on security technologies in March 2016. The InteRSePT prototype was completed in November that year, combining the highly reliable and safe control technologies developed by MHI for the fields of defense and space, with security control technology(7) developed by NTT.

    Evaluation of the prototype and conformance testing for control systems was then conducted at Cyber Lab, MHI's facility in Tokyo for security development and testing. The functionality of InteRSePT was further improved and the range of applications broadened to include the operations and maintenance (O&M) businesses. This led to commercialization and the launch of sales.

    2. Features of InteRSePT

    InteRSePT comprises a real-time network monitoring system (RNMS) and a security management system (SMS). The system monitors sensor information and other data flows in networks in an integrated manner, and detects cyber-attacks that exploit control commands, which are difficult to detect and respond to with conventional technology. By changing the security remediation rules on each operating state of the target device, the system provides early detection of anomalies, and allows for a rapid response to even unknown cyber-attacks while maintaining availability. (Joint patent pending)

    InteRSePT is able to provide detailed confirmation of control system networks, and offers exceptional compatibility with a wide range of industrial facilities and devices.

    1) The system collects and analyzes packets of sensor information flows in the control system network to determine the operating state.
    2) The communication control rules of the RNMS are changed according to the actual operating state and other factors.
    3) Packets are analyzed, and blocked or passed based on the rules.
    4) Multiple sensor information is aggregated in the SMS, and the behavior of the entire control system monitored in an integrated manner to allow for early detection (behavior detection processing(8)), and a rapid response to even unknown cyber-attacks.

    3. Productization

    For the productization, RNMS utilizing commercial-off-the-shelf hardware and integrated with network switch provides low cost, space savings and easier system installability. In addition, the SMS improved its behavior detection processing speed by adopting distributed processing.

    4. Role of each company

    MHI
    Sales of InteRSePT
    Development of data analysis, operational status estimates, and anomaly detection methods according to the control system, as well as handling and recovery methods, and design optimization

    NTT
    Provide security control technology and RNMS developed by the NTT,

    NTT DATA
    Support market development for security solutions based on the InteRSePT system developed by MHI and the NTT Group

    NTT Com
    Development of technologies related to data accumulation and anomaly detection necessary for market application of the NTT's core technologies, and productization of security solutions

    5. Future plans

    Going forward, MHI NTT, NTT DATA, and NTT Com will cooperate to promote InteRSePT' low cost, advanced functionality, fast processing capabilities, and easy installability to a wide range of industries, as well as propose individual security solutions, and develop markets.

    Further, we will effectively utilize the aggregated and analyzed sensor data from InteRSePT to not only security countermeasures but also operational parameters optimization and preventive maintenance to reduce time required for maintenance. We will develop an O&M total solutions business to help enhance operational efficiency for customers.

    (1) InteRSePT: Abbreviation of Integrated Resilient Security and Proactive Technology - a registered trademark of MHI, in Japan
    (2) Availability: Continuous operation of a system without stoppage
    (3) IDS / IPS: Intrusion Detection System / Intrusion Protection System-systems to detect and protect against cyber intrusions
    (4) Firewall: System for discrimination and reporting of unauthorized access
    (5) Malware: Abbreviation of malicious software
    (6)DDoS: Distributed Denial of Service attack
    (7) Security control technology: Technologies that collect and analyze cyber-attack related information including target device / system status and anomaly events, and comprehensively control diversified security appliances
    (8) Behavior detection processing: Detection of behaviors in a device or system different from its normal operating status

    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 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Singapore, Hong Kong, Apr 25, 2018 - (ACN Newswire) - China Jinjiang Environment Holding Company Limited ("Jinjiang Environment" and together with its subsidiaries, the "Group"), a leading waste-to-energy ("WTE") operator in the People's Republic of China ("PRC"), announced that it had on 22 April 2018 entered into a subscription agreement with a discretionary managed fund ("Subscriber") managed by Harvest Global Capital (Cayman) Investments Limited, a wholly-owned subsidiary of Harvest Global Capital Investments Limited, pursuant to which Jinjiang Environment will issue 214 million new ordinary shares to the Subscriber at an issue price of S$0.50 (the "Proposed Subscription"), thereby raising gross proceeds of S$107.0 million. Following the completion of the Proposed Subscription, the Subscriber will hold a 14.91% equity interest in the enlarged capital of Jinjiang Environment.

    The net proceeds from the Proposed Subscription, amounting to approximately S$106.9 million, will be used to finance the ongoing technical upgrading of eight of the Group's WTE facilities in the PRC ("Upgrading Project"). In view of the high capital commitment for the Upgrading Project, the Proposed Subscription enables the Group to (i) finance and complete the Upgrading Project, which will expand the waste treatment capacity of the Group by approximately 5,000 t/d whilst also reducing emission levels and the proportion of coal used at the Group's WTE facilities, (ii) diversify its financial and capital resources and better manage the capital expenditure requirements of expanding its pipeline of WTE projects, thereby allowing it to focus on further expansion of its WTE pipeline and addition of other verticals in the WTE industry, and (iii) improve its gearing and enhance its borrowing capacity.

    A representative of Harvest Global Capital (Cayman) Investments Limited said: "Jinjiang Environment is a leading WTE operator in China. It has strong cash reserves, deep and extensive technical expertise and a solid operating track record in the WTE field. Currently, in tandem with the development goals under the 13th Five-Year Plan of the PRC government, the environmental protection and green energy sectors in the PRC bear significant growth potential. We are very pleased to partner Jinjiang Environment in investing in what we see as a dominant industry leader in the WTE and environmental protection industry for the long term. We are confident about the long term growth prospects of Jinjiang Environment and the WTE and environmental protection industries both in the PRC and overseas."

    Ms. Wang Yuanluo, Non-Executive, Non-Independent Chairman of Jinjiang Environment, said: "The Proposed Subscription has extraordinary significance for Jinjiang Environment. Jinjiang Environment has always had quality financial investors investing in us, from the International Finance Corporation, a fund co-managed by Mount Kellett Capital Management and an affiliate of Fortress Investment Group, and a fund managed by Olympus Capital Holdings Asia, prior to our initial public offering, to the cornerstone investors who invested concurrently with our initial public offering. Harvest Global Capital Investments' investment in Jinjiang Environment is testament to the dominant market leading position and long-term investment value of Jinjiang Environment in the WTE and environmental protection industries and demonstrates the confidence of the capital markets in the future development of the Group. Moving forward, with Harvest Global Capital Investments as a long-term investor, the Group will be able to better capture new business development opportunities, consolidate its leading industry position domestically, and maximise value for its shareholders."


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    - Announcement marks the first time Mitsubishi Motors has exported on a mass scale from Indonesia
    - Mitsubishi Motors expects to export around 30,000 units of the new MPV within the next year
    - Decision follows the opening of the state-of-the-art Mitsubishi Motors manufacturing facilities in Bekasi in 2017

    TOKYO, Apr 25, 2018 - (JCN Newswire) - Mitsubishi Motors today proudly announced the export launch of its popular XPANDER small MPV from its state-of-the-art manufacturing facilities in Bekasi, Indonesia. The Philippines will serve as the first export market for the vehicle in ASEAN, to be followed by Thailand, Vietnam and additional international markets in the coming months, with around 30,000 MPVs expected to be exported during the first year.

    Their Excellencies President Joko Widodo of Indonesia and Minister of Industry Airlangga Hartarto joined Mitsubishi Motors chief executive Osamu Masuko for the ceremony commemorating the export launch of the XPANDER, coming a year after the inauguration of the company's manufacturing plant in Bekasi.

    The event marks the first time that Mitsubishi Motors will export vehicles on a mass scale from Indonesia and was made possible by the strong support of both the Indonesian government and manufacturing joint venture partners Mitsubishi Corporation (MC) and PT Krama Yudha (KY).

    Osamu Masuko, Chief Executive of Mitsubishi Motors, stated: "I am delighted that our company can contribute to the growth of Indonesia, which has been so supportive since we first arrived almost 50 years ago. The export of XPANDER is an important milestone in our ongoing business plan, and adds further to our strong foundations in ASEAN, which are key drivers of our growth in the region."

    Since its launch in Indonesia during August 2017, the XPANDER has been well received, with the small MPV recently being awarded "Car of the Year" by leading domestic tabloid Otomotif, and dealers across the country taking over 66,000 orders to date. In March, XPANDER became the best-selling car. The company is now working to fulfil deliveries.

    The XPANDER currently comprises 50% of production capacity at Mitsubishi Motors' Bekasi plant, which is capable of producing 160,000 units per year. Between the expansion of export markets and significant domestic demand in Indonesia, Mitsubishi Motors added a second shift at its facility last October, and starting in July plans to increase production to 10,000 units a month following investments into its welding and assembly processes.

    Mitsubishi Motors aims to continue supporting economic and job growth in Indonesia. The company maintains 3,000 employees at its Bekasi plant, and plans to increase head count by more than 400 to support increased production. Local manufacturing likewise supports the development of supply-chain networks in Indonesia.

    The launch of XPANDER exports and expansion of manufacturing in Indonesia will contribute strongly to Mitsubishi Motors' global production and sales footprint across the growing ASEAN region, where young and rapidly motorizing populations are attracted to the rugged and reliable sports utility vehicles and pick-up trucks for which the Mitsubishi brand is renowned.

    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 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Broadcaster VoD, digital revenues for newsbrands and magazine brands, radio station websites and mobile advertising spend are also included within the internet total of GBP11,553m, so care should be taken to avoid double counting. Source: AA/WARC Expenditure Report, April 2018
    Broadcaster VoD, digital revenues for newsbrands and magazine brands, radio station websites and mobile advertising spend are also included within the internet total, so care should be taken to avoid double counting. Source: AA/WARC Expenditure Report, April 2018
    UK advertising expenditure recorded its eighth consecutive year of market growth in 2017 which, with expected increases in 2018/19, puts the industry on course for a decade of continuous expansion

    LONDON, Apr 26, 2018 - (ACN Newswire) - UK advertising expenditure grew 4.6% to reach GBP22.2bn in 2017, the eighth consecutive year of market growth, according to the Advertising Association/WARC Expenditure Report - the UK's definitive advertising statistics - released today.

    Continuing the positive results for UK adspend, the final three months of 2017 saw expenditure grow 6.2% in Q4 2017 over Q4 2016, with adspend breaching the GBP6bn barrier for the first time ever in a single quarter to reach GBP6.1bn. This includes adspend during the crucial Christmas period - a time when innovative and popular ad campaigns have become the hallmark of the UK advertising industry.

    The full year advertising growth forecast for 2018 has also been upgraded by 1.4 percentage points to 4.2% growth, and a further rise of 3.8% is expected for 2019. If proved correct, this will complete a decade of continuous expansion for the UK advertising industry.

    Stephen Woodford, Chief Executive at the Advertising Association commented:

    "These very impressive adspend figures demonstrate the strength and resilience of the UK advertising industry over the course of 2017. To see adspend hit the GBP6bn mark in Q4 is a very encouraging result, as is the prediction that we will see 10 years of continued growth through 2019.

    "The results also reflect wider trends within the UK economy over recent months, with inflation at its lowest for a year, reducing pressure on real wages, strong employment statistics, and the recent upgrade by the IMF of its economic growth forecast for the UK for this year."

    Looking more closely by sector, digital formats performed well across the board over the course of 2017, up 26.3% for digital radio, 19.3% for national digital newsbrands, 7.1% for broadcaster video-on-demand. Cinema recorded growth of 3.3% and direct mail rose 0.9% over 2017.

    Adspend growth continues to be driven by internet (up 14.3% over the year), which includes digital revenues for newsbrands, magazine brands, TV and radio broadcasters. Within this, spend on mobile formats (+37.3%) was particularly strong during 2017.

    James McDonald, Data Editor at WARC commented:

    "The latest verified results illustrate a dynamic market, one which has now expanded for 18 consecutive quarters. Mobile continues to underpin growth - over 90% of additional mobile investment was directed towards search and social media in 2017 - yet there was vitality across the wider industry.

    "Radio and cinema both recorded their fourth successive year of rising spend, while the out of home market expanded for the eighth year running. Further, we believe TV's dip, caused mostly by reduced spending within the consumable goods category, is anomalous, and expect the channel to rebound this year thanks in part to the summer's World Cup.

    "Robust macroeconomic conditions and the continuation of 2017's media trends reinforce our brighter outlook for market growth this year and next."

    Stephen Woodford continued:

    "The UK is a hub for the global ad industry and, with our expertise and creativity, I am hopeful we can continue this run of success into the future. This success, however, is also reliant on getting the right deal from Brexit for our industry and ensuring we have access to the best talent to ensure British advertising remains a global powerhouse."

    The Advertising Association/WARC Expenditure Report is the definitive measure of advertising activity in the UK. It is the only source that uses advertising expenditure gathered from across the entire media landscape, rather than relying on estimated or modelled data.

    About WARC

    - your global authority on advertising and media effectiveness

    warc.com is an online service offering advertising best practice, evidence, insights and data 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 runs 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.

    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 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    The LS Vacuum series, from front: LS120A, LS300A, LS600A and LS1200A.
    A new series combining high pumping speed with signature low power consumption

    Chigasaki, Japan, Apr 26, 2018 - (ACN Newswire) - ULVAC, Inc., the global leader in vacuum technologies and solutions, announces the LS Vacuum series, a range of dry vacuum pumps with high pumping speeds and low power consumption. The LS range provides high pumping speed at near atmospheric pressure, thereby shortening pumping down time.

    Dry vacuum pumps are used in many production lines, including those for electronic parts and displays, for reasons including low power consumption. However, typical dry vacuum pumps with low power consumption tend towards long pumping down time, as they have low pumping speeds near atmospheric pressure.

    ULVAC developed the LS Vacuum series, which combines high pumping speeds with low power consumption, by increasing pumping speeds at near atmospheric pressure, shortening pumping down time. The LS Vacuum series offers high pumping speeds together with ULVAC's unique technologies for reducing power consumption.

    The LS Vacuum series lineup includes 4 dry vacuum pumps with pumping speeds ranging from 120 to 1200 m3/h (LS120A, LS300A, LS600A and LS1200A). Customers can select a pump with an exhaust capacity optimized for the size and usage conditions of their equipment.

    Features:
    - High pumping speed
    The LS Vacuum series exhibits high pumping speed near atmospheric pressure, thereby shortening pumping down time (by approx. 20% compared to typical dry vacuum pumps with low power consumption).

    - Low power consumption
    While realizing high pumping speeds, the LS series achieves the industry's lowest power consumption of no more than 0.6 kW while reaching ultimate pressure.

    - Low noise
    The specialized built-in silencer reduces the noise level to no more than 61 dB (A).

    Sales price and target:
    - Sales price: 1.5 million yen and up (excl. sales tax)
    - Sales target: 1,000 units per year

    About ULVAC, Inc.

    ULVAC, founded in 1952, contributes to the development of industry through its comprehensive vacuum technologies. We created ULVAC SOLUTIONS based on these unique technologies and long years of research, development and production innovation. We offer these solutions, for equipment, materials, vacuum components, analytic evaluation and various other services, to manufacturers of electronic components, semiconductors, solar cells, flat panel displays and other industrial equipment. For more information, please visit www.ulvac.co.jp/en/.

    Contact:
    ULVAC, Inc.
    Masahiro Yamamoto
    Components Division Product Manager Group Dept.1
    https://www.ulvac.co.jp/special/en/ls-series/
    TEL: +81-467-89-2185
    https://www.ulvac.co.jp/

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, Apr 26, 2018 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced it has started a collaborative creation process with Penske Corporation for Penske's next-generation data solution. The goal of the collaboration is to improve vehicle performance while leveraging Hitachi's digital and IoT technologies.

    With the continuing trend toward digitalization impacting every industry, IoT and digital technologies are being increasingly adopted in the automotive field aimed at improved safety, labor optimization, fuel efficiency, and vehicle operations. Penske and Hitachi have a long history of innovation. This joint effort marks the next wave of their collaboration and shows Penske's commitment to embracing digitalization to continually improve vehicle performance for its customers.

    Hitachi and Penske began their partnership in 2012 with Hitachi and Hitachi Automotive Systems sponsorship of Team Penske in the American IndyCar Series. Since then, the two companies have built on this relationship across a wide variety of business domains to accelerate Penske's digital transformation. Since 2017, the companies have been working to utilize Penske's vehicle data to improve vehicle performance. This announcement signifies the first of many efforts to utilize artificial intelligence, machine learning, and Hitachi's IoT platform Lumada.

    "We are very happy to enter into this expanded partnership with Penske Corporation," said Toshiaki Higashihara, President & CEO, Hitachi, Ltd. "This announcement signifies Hitachi's commitment to Social Innovation Business with specific focus on the transportation industry." He continues, "Our opportunity to collaborate with Penske, leveraging their extensive knowledge in transportation and logistics, and data coupled with Hitachi's operational technology and information technology expertise, is aimed at creating dramatic innovations in the fleet management field."

    "We are very pleased with the progress and continued strong collaboration with our valued partners at Hitachi," said Roger Penske, Founder and Chairman, Penske Corporation. "Hitachi's solutions have shown great promise as we strive to better leverage our vehicle data in new and innovative ways that helps meet the needs of customers across our businesses now and into the future. This is a natural progression from the technical work we've accomplished together in the motorsports realm, which has helped our INDYCAR program earn 38 wins and three championships since 2012."

    About Penske Corporation

    Penske Corporation is a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics and professional motorsports. Penske Corporation manages businesses with revenues in excess of $26 billion, operating in more than 3,300 locations and employing over 50,000 people worldwide.

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at www.hitachi.com.

    Contact:
    Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    - Accelerating the monetization of core technologies and strengthening business development capabilities -

    TOKYO, Apr 26, 2018 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced the establishment of dotData, Inc., a new startup company based in Cupertino, California, in the heart of Silicon Valley, that develops and globally provides software that automates data science processes using artificial intelligence (AI).

    dotData will appoint Dr. Ryohei Fujimaki as CEO, who is a leader in the development of Predictive Analysis Automation, a core AI technology(1), and one of the founders of dotData.

    dotData will accelerate product development and go-to-market by hiring top talent, strengthening products and technologies, engaging with global partners, and acquiring external capital.

    NEC will obtain an exclusive license from dotData to provide this software across Japan and will start to provide the software in the first half of FY2018.

    "NEC is now accelerating the monetization of its competitive technologies by creating diverse alliances as part of the 'strengthening of business development capabilities' in the 'restructuring of execution capabilities' that are outlined in the Mid-term Management Plan 2020(2) that NEC announced in January 2018," said Osamu Fujikawa, senior vice president, NEC Corporation.

    "The establishment of dotData is the first implementation of such reinforcements and a unique strategic carve-out scheme from NEC in which a leader in core technology becomes a founder of the new company and helps accelerate its monetization as a start-up company. Going forward, NEC will continue to promote innovative measures that strengthen our business development capabilities."

    North America is a central market for data analytics, and as the market continues to grow, a lack of data scientists and heavy workloads are posing a greater challenge. This has been caused by a tendency to rely heavily on the experience and inspiration of data scientists during the data analysis process, and there is a particular need to deeply understand the different business characteristics of each industry.

    "The software being provided by dotData automates and simplifies the process for end-to-end analysis, from data preparation to feature engineering, to machine learning, production and operations. This enables anyone to successfully carry out advanced data analysis, even without a great deal of industry and/or data science knowledge beforehand," said Dr. Fujimaki.

    "Moreover, AI automatically designs interpretable and transparent features that reveal unknown and valuable business insights that even human data scientists have never imagined. The software enables data scientists to leverage their ability to transform data insights to business actions and to achieve higher return-on-investment than ever before."

    (1) Predictive analysis automation technology uses AI to completely
    automate the advanced analytic work that requires large amounts of time for skilled data scientists to carry out manually, such as the feature quantity design of big data and predictive model creation. This technology dramatically shortens the time that is required for data analysis and belongs to NEC's portfolio of advanced AI technologies, "NEC the WISE"(3).
    (2) NEC establishes "Mid-term Management Plan 2020"
    https://www.nec.com/en/press/201801/global_20180130_02.html
    (3) NEC the WISE
    NEC announces new AI technology brand, "NEC the WISE"
    http://www.nec.com/en/press/201607/global_20160719_01.html

    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.

    Based on its Mid-term Management Plan 2015, the NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit http://www.nec.com/en/global/about/solutionsforsociety/message.html.

    Contact:
    NEC Seiichiro Toda s-toda@cj.jp.nec.com +81-3-3798-6511

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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