Indonesian Sufism rejects radical Islam

August 2, 2018, 4:00 am

≪ Previous: Eastman Publishes 2018 Sustainability Report

Minangkabau communities in Indonesia's West Sumatra, such as Pariangan village (pictured), appear more resistant than others to Islamic radicalism because of their unique blend of traditional culture and form of Sufi Islam. (Copyright: Michael J. Lowe/Wikimedia Commons)

The Minangkabau are the largest ethnic group on Indonesia's island of Sumatra. (Olive colored region) (Copyright: National Museum of Indonesia, Jakarta/Wikimedia Commons)

Certain aspects of an indigenous Sufi culture in Western Indonesia appear to protect it against radical Islamic ideology.

Selangor, Malaysia, Aug 2, 2018 - (ACN Newswire) - The Minangkabau people in Indonesia's West Sumatra practice a unique blend of culture and religion that could be making them more resistant than others to Islamic radicalism, according to a study published in the Pertanika Journal of Social Sciences & Humanities. Understanding what gives these people their resilience could help combat radicalism elsewhere.

The Minangkabau are the largest ethnic group on Indonesia's island of Sumatra. They are the world's largest matrilineal society, where children take their mother's name, property is inherited by daughters, and the family home is formed of women, with husbands merely given visiting rights.

Traditionally, the Minangkabau are animists, believing that living and inanimate objects and places all possess an element of spirituality. The culture also absorbed elements of Hinduism and Buddhism. When Islam arrived in West Sumatra in the 16th Century, the Minangkabau merged it into their existing culture rather than wholly replacing their long-standing traditions.

Welhendri Azwar of The State Islamic University of Imam Bonjol Padang in West Sumatra says radicalism does not develop in the province because the local communities possess a self-defense mechanism rooted in their form of Sufi Islam. The Minangkabau's 'Tariqa' culture places emphasis on developing an inner spiritual experience that is then reinforced by following the teachings of Islamic Shariah law.

Azwar reviewed the literature on Minangkabau's unique form of Islam and conducted focus groups and individual interviews to gain an in-depth understanding of this culture's resilience against radicalism.

He found that the peaceful and pacifist Minangkabau Tariqa culture rejects violence and aggressive means of imposing ideology. Their strong attachments to local traditions and culture mean that they do not accept having their varied customs criticized by hardliners. Instead, they practice the parable: "Do not fight violence with violence, but welcome violence with friendliness."

The Minangkabau's form of Islam also gives lots of room for open interpretation of religious text. This means that the rigid interpretations imposed by radical Muslims fail to gain a foothold amongst local communities.

The Tariqa Sufi culture is largely based on the presence of a teacher who has students or followers. Tariqa teachers are known for their strong charismatic characters, with their students showing them respect and allegiance. The teachers thus have very strong standings within the community, with the Minangkabau basing many of their decisions on what they are told by their teachers. This keeps the Tariqa culture strong and resilient to outsider influence.

"This study highlights that combating radicalism in religion does not necessarily need a legal approach," writes Azwar. "It can be done through local wisdom; i.e. the potential and strength that exist in society can be harnessed to counter radicalism... The power of naturally formed 'immunity' arising from society can more effectively control and dampen, even kill, various forms of violence and ideology," Azwar concludes.

For more information about each research, please contact:
Welhendri Azwar
Department of Islamic Community Development
Faculty of Da'wah and Communication
The State Islamic University of Imam Bonjol Padang
West Sumatra, Indonesia
Email: welhendri_azwar@yahoo.co.id

About Pertanika Journal of Social Sciences & Humanities (JSSH)
Pertanika Journal of Social Sciences & Humanities (JSSH) is published by Universiti Putra Malaysia in English and is open to authors around the world regardless of nationality. It is published four times a year in March, June, September and December. Other Pertanika series include Pertanika Journal of Tropical Agricultural Science (JTAS), and Pertanika Journal of Science & Technology (JST).

JSSH aims to develop as a pioneer journal for the social sciences with a focus on emerging issues pertaining to the social and behavioural sciences as well as the humanities. Areas relevant to the scope of the journal include Social Sciences - Accounting, anthropology, Archaeology and history, Architecture and habitat, Consumer and family economics, Economics, Education, Finance, Geography, Law, Management studies, Media and communication studies, Political sciences and public policy, Population studies, Psychology, Sociology, Technology management, Tourism; Humanities - Arts and culture, Dance, Historical and civilisation studies, Language and Linguistics, Literature, Music, Philosophy, Religious studies, Sports.

The journal publishes original academic articles dealing with research on issues of worldwide relevance. The journals cater for scientists, professors, researchers, post-docs, scholars and students who wish to promote and communicate advances in the fields of Social Sciences & Humanities research.

For more information about the journal, contact:
The Chief Executive Editor (UPM Journals)
Head, Journal Division, UPM Press
Office of the Deputy Vice Chancellor (R&I)
IDEA Tower 2, UPM-MDTC Technology Centre
Universiti Putra Malaysia
43400 Serdang, Selangor
Malaysia.
Phone: +603 8947 1622 | +6016 217 4050
Email: nayan@upm.my

Date of Release: 2 August 2018.

Acknowledgements
The Chief Executive Editor, UPM Journals

Pertanika Journals website: http://www.pertanika.upm.edu.my/
Research paper: https://bit.ly/2MfBA2C

Press release distributed by ResearchSEA for Pertanika Journal.

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Eastman Board Declares Dividend

August 3, 2018, 1:00 am

≫ Next: 'SORACOM with KDDI', Partnering with KDDI Overseas to Advance IoT Business Worldwide

≪ Previous: Indonesian Sufism rejects radical Islam

KINGSPORT, Tenn., Aug 3, 2018 - (ACN Newswire) - The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.56 per share on the company's common stock.

The dividend is payable Oct. 5, 2018, to stockholders of record as of Sept. 14, 2018.

Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in more than 100 countries and had 2017 revenues of approximately $9.5 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,000 people around the world. For more information, visit www.eastman.com.

Contacts:
Media: Tracy Kilgore Addington
423-224-0498 / tracy@eastman.com

Investors: Greg Riddle
212-835-1620 / griddle@eastman.com

###

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

↧

'SORACOM with KDDI', Partnering with KDDI Overseas to Advance IoT Business Worldwide

August 2, 2018, 6:00 pm

≫ Next: Mitsubishi Motors Opens New Training Center in Vietnam

≪ Previous: Eastman Board Declares Dividend

TOKYO, Aug 3, 2018 - (JCN Newswire) - KDDI CORPORATION and SORACOM Inc. (soracom.io) have agreed to advance new IoT business operations by combining the SORACOM IoT telecommunications platform with systems integration services offered by local KDDI subsidiaries worldwide. The two companies started offering IoT business services in Southeast Asia and the United States in July 2018, and will undertake a phased expansion in other regions.

With 100 offices worldwide, KDDI has know-how in providing corporate customers in every country with ICT solutions. Since December 2016, SORACOM has been offering SORACOM Air for Cellular, which is now available in more than 100 countries and territories. IoT-adapted service functionality includes subscriber management (HLR/HSS), flexible fee structuring and line management making it free of charge when not in use. Chip-based SIM technology provides characteristics that are lacking in Air SIM designed for Japan.

The service is already in use with the POCKETALK ultra-miniature translation device offered by SOURCENEXT Corp., and with Opendoor, the U.S. real estate platform.

KDDI Singapore and KDDI America are now working with SORACOM companies and the SORACOM IoT telecommunications platform to provide services in Southeast Asia and the United States. The services support client business operations by providing new IoT solutions that include systems integration as well as a comprehensive range of functions necessary for IoT system construction and operation. Among these are transmission line management, device management, cloud connectivity, private network connections and more.

By linking KDDI's IoT business infrastructure with SORACOM's telecommunications platform in this way, both companies will be able to make powerful progress in the construction of an IoT platform that works globally. They will also be able to apply their accumulated IoT/M2M knowledge and customer bases to build IoT business.

As KDDI Group works to achieve our goal of integrating telecommunications and life design, we will contribute to our customers' business as a company that is always offering exciting new ideas and creating a new customer experience value.

About KDDI
KDDI is the second largest telecom service provider in Japan, offering both 'au' mobile and fixed-line communications to an established base of 50 million customers. KDDI is expanding its services in 'Life Design', including fintech, e-commerce and electric power utility services, and is creating smart infrastructure through IoT technologies and open innovation with partners and start-ups in diverse industries. www.kddi.com/english.

About SORACOM
SORACOM (soracom.io) is a global team of technologists, strategists, builders and storytellers dedicated to creating a more connected world. We live and work in Tokyo, Singapore, Palo Alto, Copenhagen and #Slack. SORACOM offers secure, scalable, cloud-native connectivity developed specifically for the Internet of Things and available in over 120 countries worldwide.

This press release is an abridged translation of the press release announced in Japan.
http://news.kddi.com/kddi/corporate/english/newsrelease/2018/07/04/3283.html

↧

Mitsubishi Motors Opens New Training Center in Vietnam

August 2, 2018, 7:59 pm

≫ Next: NEC's Transfer of Lithium Ion Battery Business

≪ Previous: 'SORACOM with KDDI', Partnering with KDDI Overseas to Advance IoT Business Worldwide

Vietnam, Aug 3, 2018 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announced today that it has taken a further step to improve customer service and satisfaction with the opening of a new training center in Vietnam.

The new facility was officially opened at Mitsubishi Motors Vietnam (MMV) in Binh Duong Province today by Kenichi Horinouchi, General Director of MMV.

The new facility is the latest training center to be opened in the ASEAN region, following similar events in Thailand and the Philippines earlier this year. All of the centers are key to ensuring quality and customer satisfaction are enhanced as Mitsubishi Motors expands its business in the region.

The new Vietnamese training center will allow MMV to increase the number of service training courses on offer from 17 to 28, and sales courses from six to 21.

The site also includes a new parts warehouse, which will increase the storage capacity from 700 cubic meters to 2700 cubic meters. This will further improve customer service by ensuring more parts are kept in stock and available to dealers.

Horinouchi said: "The new training center is a development which will allow us to invest in people. It will play a vital role in providing our employees with knowledge and skills to prepare them for the new values we want to deliver to our customers."

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

↧

NEC's Transfer of Lithium Ion Battery Business

August 2, 2018, 9:18 pm

≫ Next: Are You Ready for the World's First Ever -35degrees Non-Ablative Cryo Coolaser

≪ Previous: Mitsubishi Motors Opens New Training Center in Vietnam

TOKYO, Aug 3, 2018 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced today that NEC has determined to transfer (i) all shares of NEC Energy Devices, Ltd. owned by NEC to Envision Electrodes Corporation Ltd, a member of Envision Group, a renewable energy company, and (ii) all shares of Automotive Energy Supply Corporation (AESC) owned by NEC and NEC Energy Devices to Nissan Motor Co., Ltd. (Nissan), thereby enabling Nissan to transfer all shares of AESC to Envision.

The transfer of NEC Energy Devises shares to Envision and AESC shares to Nissan is subject to the fulfillment of the conditions outlined in the transfer of shares. If these transfers are executed, capital gain will occur.

1. About the Transfer of Shares

NEC is focusing on Solutions for Society businesses. In the smart energy field, NEC is shifting towards services for the construction, operation, and maintenance of electric storage systems to support goals such as stabilizing power grids and improving the efficiency of companies' energy use.

Based on this policy, NEC had determined to transfer all shares of AESC owned by NEC and NEC Energy Devices to Nissan, thereby enabling Nissan to transfer all shares of AESC, as well as Nissan's electric battery operations and production facilities, to GSR Capital (GSR), a private investment fund, as described in the "Regarding the recording of gain from the transfer of shares in an affiliated company accounted for by the equity-method" press release dated August 8, 2017. NEC had also determined to transfer shares of NEC Energy Devices owned by NEC to GSR as described in the "Regarding the recording of gain from the transfer of shares in a consolidated subsidiary" press release dated December 4, 2017. Those transactions were scheduled to be executed on June 29, 2018 as all precedent conditions were fulfilled, however, those transactions were not executed as GSR failed to fulfill the purchaser's payment obligations under those transactions, due to lack of funds. After that, Nissan and NEC entered into negotiations with Envision and, as Nissan and NEC agreed to deal with Envision, NEC has determined to transfer NEC Energy Devices shares and AESC shares as described in the share transfer summary.

The transfer of NEC Energy Devices shares to the Company and AESC shares owned by NEC and NEC Energy Devices to Nissan is respectively subject to (i) the fulfillment of the closing conditions of the other share transfer agreement, and (ii) the fulfillment of the closing conditions of the share transfer between Nissan and Envision.

The transfer of NEC Energy Devices shares to the Company and AESC shares owned by NEC and NEC Energy Devices to Nissan is scheduled to be executed on the same day as the transfer of AESC shares to Envision by Nissan.

2. Share Transfer Summary

(1) Transferred shares and transferee
- NEC Energy Devices shares
Number of transferred shares: 4,000 shares (percent ownership: 100%)
Transferee: Envision Electrodes Corporation Ltd
- AESC shares
Number of transferred shares: 45,962 shares
Portion owned by NEC: 39,396 shares (percent ownership: 42%)
Portion owned by NEC Energy Devices: 6,566 shares (percent ownership: 7%)
Transferee: Nissan Motor Co., Ltd.
(2) Scheduled Transfer Date
March 29, 2019

3. Future Outlook

Approximately 10.0 billion yen in operating profit upon execution of the transfer of the NEC Energy Devices shares and approximately 10 billion yen in non-operating income upon execution of the transfer for AESC shares are expected to be recorded in the consolidated financial statement for the fiscal year ending March 31, 2019. This profit and income, however, has already been incorporated in the financial forecasts for the fiscal year ending March 31, 2019.

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

↧

Are You Ready for the World's First Ever -35degrees Non-Ablative Cryo Coolaser

August 3, 2018, 1:00 am

≫ Next: IOTW Announces Strategic Partnerships with Consta Mobile & The California Wine Company Limited

≪ Previous: NEC's Transfer of Lithium Ion Battery Business

SINGAPORE, Aug 3, 2018 - (ACN Newswire) - If you're looking to treat away sun damaged, aging skin, pigmentation, melasma, age spots, stretch marks and even keloids this will probably be something you'll definitely going to love this!

If you've tried Ablative Co2 Lasers or even Radio Frequency to treat your pigmentation on your skin... what you are about to experience is going to be entirely different from what Only Aesthetics In Singapore Is Exclusively Providing!

Coolaser(TM) uses the state of the art non-ablative fractional technique patented from Israel that is accompanied with a unique TMS cryogenic technology to deliver cryo air of up to -35 degrees Celsius to the skin! - which in return drastically reduces inflammation, downtime and doubles the activation of collagen production!

Coolaser(TM) by Singapore's Largest Multi-Award Winning Medical Aesthetics Group - Only Aesthetics, ups their game in helping patients to achieve their maximized potential results in getting rid of stubborn pigmentation with very minimal redness instead of traditional ablative Co2 lasers techniques that serves a long downtime of up to 14 days!

Only Aesthetics is marching into their 15th year in the medical Aesthetics industry, performed over a million procedures till date, and housing over 12 Coolsculpting Machines and devices, they have gotten over 2,500, raving 5.0-star reviews on Facebook and Google! - Coming up with the Highest Rated Aesthetics Provider in Singapore! With its strong unbreakable reputation, Only Aesthetics continue to develop and bring in technologies that deliver nothing but the best results to their customers seeking help with their pigmentation!

Since the December 2017, Only Aesthetics have closely selected a group of inner circle VIPs to secretly try out the latest Coolaser(TM). And after 8 months, they've perfected Coolaser(TM) technique which is finally made available to the public for the very first time!

With the results attained, they're extremely confident in helping patients to clear up to 78% of pigmentation after their first session and a couple more sessions for better results with maintenance depending on the severity of the condition.

During their first soft-launch, with limited slots... Only Aesthetics have been experiencing overwhelming responses on social media but they are assuring the raving crowd that there will be more available spots to accommodate the massive numbers in the weeks to come!

Contact
Daniel
Email: daniel@onlyaesthetics.sg

↧

IOTW Announces Strategic Partnerships with Consta Mobile & The California Wine Company Limited

August 6, 2018, 1:00 am

≫ Next: MHPS Beats Original Estimates for Upgrading the H-100 Gas Turbine by 24 Days

≪ Previous: Are You Ready for the World's First Ever -35degrees Non-Ablative Cryo Coolaser

HONG KONG, Aug 6, 2018 - (ACN Newswire) - AnApp Blockchain Technologies Limited ("AnApp"), the IOTW blockchain developer, announces two key partnerships, with Consta Mobile, a telecommunications services and products supplier, and The California Wine Company Limited, a prominent Californian wine distributor for Thailand and other South Asian countries.

Both partnerships represent major milestones for the promotion and adoption of IOTW blockchain technology, where mobile devices adopt our Proof of Assignment micro-mining protocol and The California Wine Company Limited accepts our IOTW coins for their sales. This way, mobile users can essentially mine the IOTW coins and purchase wine with it - a tangible example of how the IOTW ecosystem works.

Cryptocurrency mining has traditionally been a resource-intensive process, requiring significant processing power and energy. As such it is now concentrated in the hands of a small number of professional players. The IOTW blockchain technology is a completely new architecture with an innovative consensus protocol called Proof of Assignment, which allows IoT devices, no matter how simple they are, to easily mine IOTW coins without the need for any hardware change. The IOTW blockchain is developed for the common people around the world.

Consta Mobile is committed to innovation in telecommunications, focusing particularly on developing a network for rural and remote areas to bridge the digital divide and promote socio-economic development.

The company is planning to sell their mobile devices in the emerging Indian market first, followed by other counties, and partnering with IOTW will allow Consta Mobile to integrate low-power mining functionality into mobile devices, whereby device owners will be able to mine IOTW coins on the go.

The California Wine Company Limited will be accepting IOTW coins as payment for products in their extensive wine collection. Given the fact that the company is, by far, the largest importer of California wines in Thailand, the partnership will further promote the IOTW ecosystem and accelerate its growth and mass adoption.

Commenting on the new partnerships, Mr. Frederick Leung, co-founder and CEO of AnApp said, "We are excited to be forming partnerships with Consta Mobile and The California Wine Company Limited. We are currently working on more partnerships with world-leading names and will be announcing them in the near future.

A collaboration with Consta Mobile is a strategic step for IOTW to penetrate the mobile devices market, implement our unique micro-mining solution and move towards mass deployment of our chain.

Similarly, The California Wine Company Limited's acceptance of IOTW coins as payment is a major milestone for us in creating the IOTW ecosystem, and we believe our instant transaction capability will create the most efficient purchasing experience for The California Wine Company Limited's customers."

Mr. Madhu Bhandari, the Managing Director of Bramaas Holding Group (parent company of Consta Mobile), said, "Our mission at Consta Mobile is to introduce innovative products and services. We are dedicated to building a robust and secure state-of-the-art telecommunication network, providing seamless coverage with special focus on rural and remote areas for bridging the digital divide and thereby facilitate socio-economic development.

AnApp's pioneering IoT blockchain solution is a great fit for our vision, allowing mobile devices to mine cryptocurrency (IOTW coins) - something that has been, up to now, not possible, nor profitable, in developing economies."

Mr. Alan Lau, the Managing Director of The California Wine Company Limited, also shared his comments, "IOTW-enabled devices will be in many households in many countries soon. I see this as an opportunity for us to expand our market to different regions. Accepting IOTW creates a new channel for our wine sales, and given that the Silicon Valley in California is the capital of technological innovation, it makes sense for us to adopt new technology as well."

↧

MHPS Beats Original Estimates for Upgrading the H-100 Gas Turbine by 24 Days

August 6, 2018, 3:33 am

≫ Next: BaseLayer launches 'Japan Branch Support Service' (JBSS) - using Blockchain to Promote Global Projects in Japan

≪ Previous: IOTW Announces Strategic Partnerships with Consta Mobile & The California Wine Company Limited

Renewal Work for Gas Turbine (Source:TEPCO Fuel & Power, Inc)

- Retrofitting of the No. 4 Unit of the No. 2 Group Generator at the TEPCO Group's Futtsu Power Station -

- Achieved by enhancing the transport efficiency for heavy items, and improving the procedures for trial operations
- Quicker upgrade period will help increase partnership opportunities, and enhance the operating efficiency of existing power facilities

YOKOHAMA, Japan, Aug 6, 2018 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) beat original estimates by 24 days in upgrading the H-100 gas turbine. The expedited process was implemented during the retrofitting project for the No. 2 group power generating unit at the Futtsu Power Station, located in the bay area of Futtsu, Chiba Prefecture, and operated by TEPCO Fuel & Power, Inc. (TEPCO FP), which handles the thermal power generation and fuel business for the TEPCO Group.

In replacing a high-efficiency H-100 gas turbine with a rated output of 120MW class, MHPS focused on enhancing the transport efficiency of heavy items and refining overall procedures. While the installation period is typically 180 days, the project was completed 24 days earlier, in just 156 days. MHPS will leverage the success of this new process to increase sales of the H-100 series and enhance solutions to improve the operations rate of existing power generating facilities.

The No. 2 group unit is a gas turbine combined cycle (GTCC) generating facility, comprising of seven units with a rated output of 1,120MW (160MW x 7 units). The retrofitting of the group unit began in February 2016, with successive renewals of gas and steam turbines. The 24 day reduction in lead time was initiated to replace the No. 4 unit and completes the renewal work for five of the seven units. The renovation has significantly increased the power generating efficiency of the No. 4 unit, from 47.2% to 54.3%, and is expected to lower fuel costs by around JPY1.3 billion annually, and reduce CO2 emissions by around 60,000 tonnes.

Since starting the renewal of the initial unit, MHPS along with the cooperation of TEPCO FP, has employed various techniques to shorten lead times. Particularly successful were efforts to connect (modify) two overhead cranes in order to wholly suspend heavy items and revise testing requirements during test operations. Proficiency with new endeavors aided these efforts, and produced this highly effective result. It has been two and a half years since the renovation of the initial unit, which has operated stably for 12,000 hours, with over 250 start-ups and stops. Considering this high degree of stability and reliability, MHPS will extend the period between regular maintenance to further lower maintenance costs and complete remaining renewal work for two units in a short period.

The H-100 is a heavy-duty(Note) two-shaft gas turbine in the 120MW class, with world-leading capacity in a two-shaft system, that delivers flexible, quick-response operation. Users also appreciate the H-100's fast start-up time and moderate space requirements. The addition of shorter renovation time is expected to further enhance its market competitiveness.

MHPS is in a position of strength due to its ability to provide total solutions in power generation. The company offers a full range of products for thermal power plants, from high-efficiency, large-capacity generation systems, to energy-saving systems utilizing small and medium-size gas turbines. Going forward, while responding accurately to the diverse needs of the market, MHPS will continue to contribute to a stable power supply, promote low-carbon energy, and enhance conservation of the global environment.

Gas turbines designed to maintain a consistent output with continual operation over long periods, with simple and less frequent maintenance.

http://www.acnnewswire.com/topimg/Low_FuttsuPowerStation.jpg
Futtsu Power Station (Source:TEPCO Fuel & Power, Inc)

http://www.acnnewswire.com/topimg/Low_RenewalWorkGasTurbine.jpg
Renewal Work for Gas Turbine (Source:TEPCO Fuel & Power, Inc)

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: +81-3-6716-2168
Fax: +81-3-6716-5860

↧

BaseLayer launches 'Japan Branch Support Service' (JBSS) - using Blockchain to Promote Global Projects in Japan

August 5, 2018, 7:00 pm

≫ Next: Toyota Commemorates Induction of Kiichiro Toyoda into Automotive Hall of Fame in U.S.

≪ Previous: MHPS Beats Original Estimates for Upgrading the H-100 Gas Turbine by 24 Days

TOKYO, Aug 6, 2018 - (JCN Newswire) - BaseLayer. Inc. (Shibuya-ku, Tokyo; CEO: Hitoshi Kiso) has launched Japan Branch Support Service (JBSS), which uses blockchain to help promote global projects in Japan.

From market entry to promotion, we aim for the fastest penetration with Ethereum

Cryptocurrencies are becoming the new infrastructure for payments, and many projects have released new tokens to the market. Within that ecosystem, Ethereum is one of the most exciting and promising projects. As a revolutionary platform for trading securities and digitalizing debts, Ethereum has gained much attention.

JBSS helps support overseas projects that utilize Ethereum blockchain with promotion, branding and translation in Japan. We have provided services to numerous projects including BlockMason and have received positive feedback regarding the speed and quality of execution, ranging from assisting market entry to hosting real events (meet-ups). BaseLayer has now packaged JBSS services in order to help overseas projects reach their full potential in Japan.

1. Japan branch website : Translate the project’s official website into Japanese
2. Website management : Translate announcements and releases into Japanese, and discuss which documents should be translated with the project entity.
3. Translation of white papers : Translate white papers for the Japanese audience to enhance understanding of the project, and make them downloadable from the official website.
4. LP + Awardrop : Create a campaign website that will funnel users to the official community (e.g., Telegram) and other official social media websites (e.g., Facebook). Projects will have the option to pay the affiliates in their tokens, ETH, or other cryptocurrencies.
5. Official Japanese community management : Create an official Japanese community (Telegram) and email inquiry office, cooperate with the official English community, and release information. Translate articles on the project's website and release them via the official Japanese community. This enhances understanding of the project and thus loyalty to the project as well. Respond to various inquiries regarding the project and tokens.
6. Official SNS management : Set up and manage official Japanese social media accounts (Facebook page and group, Twitter). Release information in conjunction with event and service press releases to increase the number of community members.
7. PR : Propose and execute effective PR strategies as a one-stop service. Propose operations that will increase appearances on TV, magazines, and web media. External partners will also assist with increasing project awareness. Promotion PR - Increase project brand recognition with branding PR that aims for maximum performance at low cost.
8. Airdrop : Support client's airdrop execution.
9. Influencer marketing : Influencers on social media channels will spread information and create excitement in threads. In order to excite the official Japanese community and official Japanese social media channels, a series of efforts will be carried out including strategic marketing measures to rapidly raise the profile of projects.
10. Influencer analytics : Perform precise data collection necessary to formulate an effective affiliate strategy. Inflow from each medium and affiliate is tracked, the most cost-effective method is analyzed, and a report is created on the most effective marketing method tailored to each project.

Executing strategies appropriate to the cryptocurrency ecosystem, marketing by token Airdrop

Airdrop is a campaign that allows projects and tokens to increase their presence in the market as well as encourage users to search about the project and tokens in more depth. By executing a token airdrop to users who have registered on the campaign website, we can fuel their interest. If the project has already released a DApp, it would provide an opportunity for users to use the tokens and experience the tools and systems developed by the project for free.

Community management utilizing Telegram

Telegram is a communication tool necessary for anyone who is interested in cryptocurrencies. In the cryptocurrency industry, it is often used by projects to communicate their updates, and there are reportedly over 100 million users worldwide. JBSS will create an official Japanese community (Telegram), and in conjunction with the English community, release information regarding the project or token to deepen understanding of the project. Furthermore, we will respond to various inquiries regarding the project or token in a timely manner, resulting in increased loyalty to the project and the extended duration of token ownership.

About BaseLayer Inc.
BaseLayer supports Ethereum Japan and will contribute to expanding awareness of Ethereum.
BaseLayer provides PR, marketing, and community management in the Japanese market as a one-stop service for overseas Ethereum projects.

Contact:
MAIL : pr@baselayer.asia
URL : www.baselayer.asia
Phone : +81-3-5775-1313

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Toyota Commemorates Induction of Kiichiro Toyoda into Automotive Hall of Fame in U.S.

August 5, 2018, 7:11 pm

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Toyota City, Japan, Aug 6, 2018 - (JCN Newswire) - Toyota Motor Corporation held a ceremony today at its headquarters in Toyota City commemorating the induction of Toyota founder Kiichiro Toyoda into the Automotive Hall of Fame in the United States as part of this year's induction class.

Approximately 100 people attended the ceremony, which, in addition to Toyota executives and representatives of the Toyota National Dealer's Advisory Council, Kyohokai, Eiyokai, and Toyota Group member companies, included--for the passing down of the spirit of Kiichiro Toyoda and others at the time of the company's foundation--young employees from each group company.

Toyota Chairman Takeshi Uchiyamada and Senior Managing Officer Jim Lentz, who attended the induction ceremony in Detroit in the United States on July 19, reported on the induction, and Honorary Chairman Shoichiro Toyoda and President Akio Toyoda, in remembrance of Kiichiro Toyoda and the other leaders at the time of the company's foundation, addressed today's gathering as detailed below.

Honorary Chairman Shoichiro Toyoda

"Eiji Toyoda was inducted into the Automotive Hall of Fame in the U.S. in 1994, and I was also inducted in 2007. It is a tremendous honor and one that fills me with great joy that the induction this year of Kiichiro, who took up the challenge of shifting from the loom business to the car business, stems from the high evaluation in America, which can be called the 'mother' of the automobile, of his achievements as founder at the time of our company's foundation.

"Kiichiro used to say: 'When it came to loom technology, I am confident that we were the best in the world. But, as for automobiles, I didn't do a thing. It was my subordinates and those around me who did it.' Within those words were feelings of appreciation based on Kiichiro's belief that 'The automobile business is not something that one person alone can undertake. We were able to accomplish what we did only because many people came together and worked hard.

"It was after the war that Kiichiro yet to accomplish what he had set out to do, fell ill and never lived to see that for which he had aimed: the creation of an authentic passenger car for the masses. Those dreams and aspirations were inherited by the subordinates who shared his dreams, resulting in the birth of the Crown in 1955.

"Since then and to this day, the practice of genchi genbutsu (go and see to find the facts), an understanding that prices are determined by the market and that we should tirelessly endeavor to reduce costs, the building of quality into one's own processes, or jikotei kankestsu, the taking up of challenges for innovation, and the cultivating of the human resources who will assume responsibility for these things have formed the driving force of our development. All of these represent the thinking and stance behind Kiichiro's approach to making cars since the time of our foundation. As such, Kiichiro lives on as part of Toyota Motor Corporation and the Toyota Group today."

President Akio Toyoda

"Because Kiichiro passed away at the young age of 57, I never had the chance to meet him. But, even in the case of the honor recently bestowed on him, I believe he would have said: 'Because it took all of us working together to make cars, being inducted into a hall of fame, too, is something we will do together. My name exists just to represent you.'

"When I think of Kiichiro and our predecessors, there are always two things that come to mind. One is a feeling of appreciation, as, if it were not for them, the Toyota we know today would not exist. The other, nonetheless, is a sense of regret, as none of them were able to experience, for the most part, the good times that were to come.

"That is why I am happy, more than I would be for myself, that their days of effort and challenge have been recognized by induction into the Automotive Hall of Fame in America, a country that they all admired.

"We exist today precisely because, for the future of Japan, Kiichiro and all the people who supported us at the time of our foundation took up the challenge of making cars, which at the time was said to be impossible. If we who were handed the baton had only always talked about risks without taking up any challenges and only did what was safe, we would be, in front of both our predecessors and members of the next generation, hard pressed to find an excuse.

"To make a future society of mobility more enjoyable and prosperous, I, myself, will stand at the forefront and continue the fight. And I pledge that I will firmly pass on to those who are younger the idea, which is the origin of our company's foundation, of committing oneself to the struggle, not for oneself, but for society and for smiles on the faces of the next generation."

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

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Watts Miners Delivers the Most Powerful Crypto Mining Rigs in the Marketplace

August 6, 2018, 2:00 am

≫ Next: MHPS' Unit 2 of the "Jawa-2" Natural-gas-fired Power Plant Goes into Operation

≪ Previous: Toyota Commemorates Induction of Kiichiro Toyoda into Automotive Hall of Fame in U.S.

NEW YORK, Aug 6, 2018 - (ACN Newswire) - Watts Miners (www.wminers.com), a manufacturer of high-quality cryptocurrency miners featuring unprecedented hash rate powers, today announces it is steadily becoming the next big name in the booming global crypto mining market. The company recently launched three game-changing crypto miners that have been developed using advanced ASIC chip technology. Each of these miners is capable of mining Bitcoin, Litecoin, Ethereum, Monero and Dash, and they all faeture extraordinary hash rate power unmatched by any other miner in the marketplace. These easy-to-use miners are becoming globally renowned for their ability to provide a complete return on investment for users within just one month.

Though cryptocurrency mining has now become commonplace among many crypto enthusiasts, earning quick and assured profits from mining has never been an easy process. Moreover, the profit-making potential of a miner can suffer significantly because of the high initial expenses, electricity costs and mining difficulty. Watts Miners has addressed these limitations by creating multi-algorithm miners with extraordinarily high hash rate powers coupled with low power consumption.

For those unfamiliar with the term hash rate, it is the measure of a miner's performance. Higher hash rate means there is more processing power available to run and solve the different hashing algorithms associated with generating new cryptocurrency as a reward for enabling transactions to occur on the network.

"Our goal was not only to create the best miners that are easy to use, but also to assure our customers the best return rate of investment," said Watts Miners Chief Financial Officer Nancy Lopez. "Today, we are proud to announce that our mining rigs are second to none in the industry when it comes to power, efficiency, and profitability."

Mentioned below are some of the most attractive features of the new cryptocurrency miners from Watts Miners:
-- Extraordinary hash power of up to 1000 TH/s for Bitcoin, 200 GH/s for Litecoin, 28 GH/s for Ethereum, 6.8 TH/s for Dash, and 1200 KH/s for Monero
-- Low power consumption of 800W+/-10%, 1200W+/-10%, and (1200W+/-10%) x4 for the three products
-- Less than 45 dB noise
-- Durability with more than 70,000 hours of ongoing performance
-- Operating Temperature of 10 to 45 degrees Celsius
-- Original Watts Miners water cooling noiseless system
-- Customizable solutions for large mining farms
-- Ability to be installed in residential areas

To learn more about Watts Miners and the company's advanced range of products, please visit https://wminers.com .

About Watts Miners: Watts Miners is a manufacturer of high-quality cryptocurrency miners that deliver extremely high hash power without consuming a lot of power. Their team is comprised of several top-level professionals from renowned organizations such as Samsung, Microsoft, IBM, and many others. Headquartered in New York, the company currently has manufacturing facilities in USA, Germany, China and Russia.

Contact:
Nancy Lopez
Watts Miners Inc.
Cell: +929-220-9148
Email: nancy@wminers.com

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MHPS' Unit 2 of the "Jawa-2" Natural-gas-fired Power Plant Goes into Operation

August 7, 2018, 3:46 am

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Jawa-2 Project

Completes Construction Ahead of Schedule, Complementing Early Start-up of Unit 1 in June

- Second unit of 880 MW GTCC power generation facility launched as a simple cycle system
- Power supply achieved ahead of 2018 Asian Games held in August 2018

YOKOHAMA, Japan, Aug 7, 2018 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has completed construction of its Unit 2 Gas Turbine Combined Cycle System at the Tanjung Priok Power Plant, a natural-gas-fired power generation facility being built on Java Island in Indonesia. Construction was completed ahead of schedule and went into operation on July 18. Under the "Jawa-2 Project," PT. PLN (Persero), Indonesia's state owned electricity provider, plans to build an 880 megawatt (MW) plant comprising of two gas turbine combined cycle (GTCC) power generation systems. Unit 1 initially went into operation as a simple gas turbine system this June with output nearing 300 MW, and now Unit 2 has joined to produce equivalent wattage. Both units were finished ahead of schedule.

A ceremony was held at the facility on August 1 to mark the launch of operation of Unit 2. Attending as PLN's representative was Director W.S. Haryanto, who oversees company operations in the provinces of West Java, where the Jawa-2 Project is underway. Also in attendance was MHPS Senior Vice President, Takashi Tozawa.

"We greatly appreciate the contribution the Contractor has made to inaugurate the new plant's commercial operation ahead of schedule, and prior to the 18th Asian Games," Mr. Haryanto said. "The Jawa-2 project is important for both the competition and the Java power network."

Jawa-2 is a project to construct GTCC power generating facilities in Tanjung Priok, a port city approximately 10 km northeast of central Jakarta. The full-turnkey order for the power plant was received by MHPS in partnership with Mitsubishi Corporation and PT. Wasa Mitra Engineering, a local construction and engineering firm. MHPS is responsible for providing two M701F gas turbines as well as two exhaust heat recovery boilers, one steam turbine, and auxiliary equipment. Mitsubishi Electric Corporation supplied the generators. The launch of operations as a GTCC system, generating power by gas turbine and by a steam turbine utilizing recovered exhaust heat, is slated for 2019.

MHPS holds the top market share for large gas turbines in Indonesia, and with the latest system start-up, the total generation capacity of equipment supplied by MHPS for power producers reached 12 GW. MHPS has supported Indonesia's power supply for roughly 50 years, and the company is engaging its total resources in the Jawa-2 Project to enhance customer satisfaction even further.

Going forward, MHPS will aim to further enhance its presence within the Indonesian power market. Through expanded adoption of high-efficiency power generation facilities, the company will continue to promote use of low-carbon energies as a way of contributing to protection of the global environment.

About Mitsubishi Hitachi Power Systems, Ltd.

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) was formed on February 1 2014, integrating the thermal power generation systems businesses of Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd. in a quest to further enhance their social response capabilities in all respects. These include the technological strength to create new products of outstanding quality and reliability, the comprehensive strength in engineering to oversee projects in regions across the globe, and finely honed sales and after-sale servicing capabilities. MHPS aims to come out a winner in global competition and achieve a solid position as a world leader in thermal power generation systems and environmental technologies. For more information, please visit www.mhps.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

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Mitsubishi Corporation to Acquire Major Share of Food Manufacturer Gourmet Delica

August 6, 2018, 7:47 pm

≫ Next: SGX-Listed Hatten Land Unveils Plans for RM200M (US$49.2M) Water Theme Park, Melaka's Largest, in Collaboration with Samsung C&T and Polin Waterparks

≪ Previous: MHPS' Unit 2 of the "Jawa-2" Natural-gas-fired Power Plant Goes into Operation

TOKYO, Aug 7, 2018 - (JCN Newswire) - Mitsubishi Corporation (MC) hereby announces plans to purchase an 80% stake of Gourmet Delica Co., Ltd. from its current owner Kewpie Corporation. Gourmet Delica manufactures pre-cooked rice and other delicatessen for use in lunch boxes, most of which is sold to Lawson Inc., the operator of Japan's third largest chain of convenience stores and an MC Group company. The proportion of Gourmet Delica's operations being acquired by MC essentially comprises the segments of the business that cover its transactions with Lawson, and will be spun off to form a new entity, albeit carrying the same name, by way of a company split. That new Gourmet Delica will be incorporated on October 1, thereby becoming an MC Group company. From October 1, the remaining segments of the old Gourmet Delica's business, including non-Lawson related frozen confectionery, will continue operating with the name changed to Soka Delica Co., Ltd.

The current Gourmet Delica was established by Kewpie in 1990 and has excellent production technology and R&D capacity, especially as it relates to steamed rice products used in lunch boxes. One of the country's premier manufacturers of pre-cooked foods, Gourmet Delica has been a top Lawson supplier for nearly 30 years.

Although this transaction brings the new company under the umbrella of the MC Group, Kewpie will retain a 20% share of the new Gourmet Delica and will continue working closely with MC to further develop the company. The arrangement, overall, is expected to contribute to helping Lawson reach its target of 600,000 yen in average daily sales per store (in Japan) by 2021.

The acquisition will also allow MC to become more directly involved in different sections of its food businesses supply chain, and further strengthen the MC Group's integrated supply chain. This ranges, for instance, from the procurement of raw materials to the manufacture of lunch boxes through operations at Gourmet Delica and aspects executed by other Group companies such as logistics handled by Mitsubishi Shokuhin and retail through Lawson. The move will ultimately enable the delivery of further value-added products and help raise customer satisfaction at Lawson.

About Mitsubishi Corporation

Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business enterprise that develops and operates businesses across virtually every industry, including industrial finance, energy, metals, machinery, chemicals, and daily living essentials. MC's current activities have expanded far beyond its traditional trading operations to include investments and business management in diverse fields including natural resources development, manufacturing of industrial goods, retail, new energy, infrastructure, finance and new technology-related businesses.

With over 200 offices and subsidiaries in 90 countries and regions worldwide and a network of approximately 1,300 group companies, MC employs a multinational workforce of over 70,000 people.

For more information, visit https://www.mitsubishicorp.com/jp/en/

Contact:
Mitsubishi Corporation
Telephone: +81 3 3210 2171
Facsimile: +81 3 5252 7705

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SGX-Listed Hatten Land Unveils Plans for RM200M (US$49.2M) Water Theme Park, Melaka's Largest, in Collaboration with Samsung C&T and Polin Waterparks

August 6, 2018, 9:00 pm

≫ Next: Subor attended "2018ChinaJoy - Debut of New Product and New Ecology"

≪ Previous: Mitsubishi Corporation to Acquire Major Share of Food Manufacturer Gourmet Delica

- Collaboration agreement for 500,000-sq ft Splash World @ Harbour City signed in presence of Melaka Chief Minister, YAB Tuan Adly Bin Zahari
- Slated to open in the first half of 2020, the project will catalyse growth of tourism in the historical city and help open up economic and job opportunities
- The waterpark will be the first 'in the sky' theme park and can accommodate up to 5,200 visitors

MELAKA, Aug 7, 2018 - (ACN Newswire) - Hatten Land Limited ("Hatten Land"), together with leading resort operator Samsung C&T Corporation and the world's leading designer and installer of water slides, Polin Waterparks, unveiled today plans to build a RM200 million water theme park, the largest in Melaka. The world's first 'sky' theme park is intended to be catalyst for the Malaysian historical city's tourism industry.

YAB Tuan Adly Bin Zahari, the Honourable Chief Minister of Melaka, witnessed the signing ceremony among the three parties to build Splash World @ Harbour City, a 500,000-sq ft water park to be located 14 floors above the ground in the centre of the designated UNESCO World Heritage city, which hosts nearly 17 million visitors a year.

Due for completion by end-2019 and expected to be opened to the public in the first half of 2020, Splash World @ Harbour City will be one of the region's largest water parks with up to 5,200 visitors a day.

Splash World @ Harbour City hopes to attract 850,000 to 1.0 million visitors annually after the first year of operation. The presence of the water theme park may also extend the average length of visitors' stays and increase their average spending per day, which bodes well for the tourism sector. It has an estimated development cost of RM200 million (USD49.2 million).

Hatten Land, listed on the Singapore Exchange and part of the conglomerate Hatten Group, will develop the project. Samsung C&T Corporation of South Korea will be operation advisor and consultant, while Polin Waterparks, headquartered in Turkey, will design and manufacture the water slide attractions.

Nestled between two 30-storey towers on the 14th floor deck of Harbour City @ Melaka, a mixed development shaped like a large ship, the four-storey Splash World @ Harbour City is the first 'in the sky' theme park that will offer an indoor and outdoor waterpark experience with more than one kilometer of water slides.

A man-made river will meander over two floors to intertwine more than 50 attractions, including 11 extreme slides for thrill-seekers, a Sky Beach, and a dedicated children's water play park. After dark, the Cosmic Waters light show will illuminate the park, accompanied by a water circus, trapeze stunts and other entertainment in a special amphitheatre.

The scale and concept of the project will reshape tourism in Melaka. Founded in along the Straits of Melaka in the 14th century, the port and spice hub witnessed waves of Portuguese, Dutch and British colonial rule for nearly five centuries before independence of then-Malaya in 1957, six years before the formation of Malaysia. It was visited at least five times in the 15th century by the famous Ming Dynasty Admiral Zhenghe (Cheng Ho) during his legendary seven voyages to the western ocean. Today, it is Malaysia's second-most visited city after the capital Kuala Lumpur.

"Melaka is rich in historical significance not just for Malaysia but the whole of Southeast Asia. Splash World @ Harbour City will bring a transformational new dimension to our travel and leisure landscape and make Melaka an even more compelling international attraction," said Melaka Chief Minister YAB Tuan Adly Bin Zahari.

"The impact of this project will resonate beyond tourism to the broader economy, creating new jobs and opportunities for international economic partnerships and even direct investments," he added.

"Splash World @ Harbour City is a hugely important project which underscores Hatten Land's commitment to the long-term development of Melaka. We are partnering world-renowned leaders in their respective fields - Samsung C&T Corporation and Polin Waterparks - to place Melaka on the world map as a must-visit destination. We are grateful to the Government of Melaka and the Malaysian authorities for their support of this project," said Dato' Colin Tan, Executive Chairman and Managing Director of Hatten Land.

Samsung C&T's resort group is the owner and operator of South Korea's popular Everland Resort, which hosts 8 million visitors per year. Everland Resort consists of the Everland theme park, which integrates attractions, shows, zoos, and gardens, as well as the Caribbean Bay waterpark, which features world-class facilities and services. It is a leading global operator and service provider for resorts, as well as golf courses, food supply and landscaping.

"Riding on our success with the Everland and Caribbean Bay resorts, we are pleased to offer our services and operational expertise in this new venture with Hatten's Splash World @ Harbour City. This is our first foray into Malaysia and we are optimistic about future growth in Melaka's tourism industry," said Mr. Tommy Byungsuk Jeong, General Manager of Everland Resort and Executive Vice President of Samsung C&T.

Polin Waterparks is a multi-award-winning global leader in the design, production, engineering and installation of waterparks and water slides that incorporate efficient smart design features. With a track record of 3,000 waterpark projects in 105 countries, it is the largest water slide supplier to waterparks in Eurasia.

"Splash World @ Harbour City is an exciting new destination for Malaysia and one of the region's few major waterparks. Polin Waterparks is honoured to be appointed to design and install Hatten's choice of hybrid ride designs to create a one-of-a-kind experience for Splash World's guests," said Emre Buyukgungor, Regional Sales Director of Polin Waterparks.

Harbour City, which has a total estimated gross development value of RM2.2 billion (USD541 million), spans 4.5 million square feet in built-up area. It is a themed mixed development that incorporates retail, hospitality and entertainment elements, and is located on Pulau Melaka.

Issued on behalf of Hatten Land by WeR1 Consultants Pte Ltd.

Media & IR Agency
WeR1 Consultants Pte. Ltd.
Mr Harold Woo and Ms May Barza
E: info@wer1.net
T: +65 6737 4844

Hatten Land Limited
Singapore
Mr Clarence Chong
E: clarence.chong@hattengrp.com
T: +65 6690 3136

Malaysia
Ms Shieh Lyi Tan
E: shiehlyi.tan@hattengrp.com
T: +606 282 1828

About Hatten Land Limited

Hatten Land Limited is one of the leading property developers in Malaysia specialising in integrated residential, hotel and commercial developments. Headquartered in Melaka, it is the property development arm of the conglomerate Hatten Group, which is a leading brand in Malaysia with core businesses in property development, property investment, hospitality, retail and education.

Hatten Land's current development portfolio comprises five integrated mixed-use development projects and one retail mall in Melaka, Malaysia. They are:

1. Hatten City Phase 1 (incorporating Elements Mall, SilverScape Residences, Hatten Place, and a tower block that has been taken up by DoubleTree by Hilton);
2. Hatten City Phase 2 (incorporating Imperio Mall and Imperio Residence);
3. Harbour City (incorporating a mall, a theme park and three hotels);
4. Satori (incorporating a retail mall, hotel and serviced residences);
5. Vedro by the River (a retail mall); and
6. The MICC Project (incorporating a shopping mall, cineplex, convention hall, an auditorium, meeting rooms, a hotel and a serviced apartment block).

Hatten Land Limited (SGX: PH0) began trading on the Catalist board of SGX-ST on 28 February 2017 after the completion of a reverse takeover of VGO Corporation Limited.

For more information, visit: www.hattenland.com.sg

This press release has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this press release.

This press release has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this press release, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Mr Alvin Soh, Head of Catalist Operations, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone +65 6590 6881.

Full press release, with Appendix, can be viewed at:
http://www.acnnewswire.com/clientreports/598/Hatten_180807.pdf

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Subor attended "2018ChinaJoy - Debut of New Product and New Ecology"

August 7, 2018, 1:20 am

≫ Next: Lubrizol Introduces Aptalon(TM) W8030 Self-Matting Polyurethane Dispersion

≪ Previous: SGX-Listed Hatten Land Unveils Plans for RM200M (US$49.2M) Water Theme Park, Melaka's Largest, in Collaboration with Samsung C&T and Polin Waterparks

SHANGHAI, Aug 7, 2018 - (ACN Newswire) - Subor Culture Development Co. Ltd ("Subor", formerly known as "Zhongshan Subor Culture Development Co. Ltd"), the joint venture company of Yi Hua Holdings Limited ("Yi Hua Holdings" or "the Company" and all its subsidiaries are collectively referred to as "the Group"; Stock Code: 2213.HK) attended "2018ChinaJoy - Debut of New Product and New Ecology" ("ChinaJoy"), which is held at Shanghai New International Expo Center from 3 August to 6 August, 2018.

Subor is a leading manufacturer of game console controllers and a leading developer of educational software and VR technology in China. This year, at Booth 09 of Hall E7, Subor announced its latest game eco product with a grand launch event. In addition to announcing the launch of the newly named "ZPlus New Gaming Computer" hardware products, Subor also joined hands with many well-known manufacturers in the industry, hereby forming a luxurious partnering lineup that comprehensively integrates content and hardware so as to make full comeback to the game market.

Mr. Chen Jianren, Chairman and Executive Director of the Group, is the founder and holder of the Subor brand. He not only looked back to the development and history of the Subor brand, but also elaborated the reasons for the nearly 20 years silence of the brand. Due to the game genes of the Subor team and their deep feelings for the brand, Mr. Chen finally offered his steadfast support and capital input for the restart of Subor's journey.

Mr. Wu Song, CEO of Zhongshan Subor Advanced Technology Co., Ltd., introduced their cooperation project with Advanced Micro Devices, Inc. (AMD, a company in the U.S.): to develop semi-customized system chips ("System Chips") for use by game consoles only for Subor. Prototypes of consoles equipped with System Chips are expected to be launched in around March 2018. Based on the current research and development progress, the Company expects that game consoles equipped with the customized system chips and related operating platforms will be launched in the fourth quarter of 2018.

AMD is one of the world's leading suppliers of semiconductor products, which is also a supplier of game console chips for Sony and Microsoft. Regarding the development of video games, Subor has recently entered into an agreement with a UK-based game developer regarding the exclusive distribution in the Greater China region. It is expected that the new game will be released around May 2018. Subor is also negotiating with other well-known game developers on the potential cooperation or acquisitions of new games. The Group expressed its optimism in the future development of Subor, and showed its confidence that the new game console products launched by Suborwill bring superior returns to the Group.

In the subsequent new product release video, Subor announced the appearance, performance and selling points of the "ZPlus New Gaming Computer" for the first time. In addition to Microsoft's strong support on the Windows 10 operating system, Subor ZPlus also became the only authorized enterprise of Microsoft IOT in the Greater China region. Besides the genuine Windows 10 operating system, there is an additional hermetic host mode. The introduction of the dual system not only allows players to enjoy an open and free PC environment, but also provides safe and stable customized services for games and e-sports in the host mode. In terms of game content, Subor has introduced the masterpiece "ONRUSH", and it will cooperate with the famous Japanese developer Arc System Works to develop the latest generation of "Double Dragon" action game: "Double Dragon - Legend of War".

Please refer to the schedule 1 for the properties of the Subor ZPlus New Gaming Computer products.

About Yi Hua Holdings
With a history of more than 20 years, Yi Hua Holdings is a leading integrated retailer based on the long-established department store chain in Shiqi, Zhongshan City. Since its listing, the Group has been committed to expanding its revenue sources. In addition to various measures for expanding its retail networks, the Group has also adjusted its existing business models of some chain department stores, thereby increasing its experience-based consumption items such as introduction of catering and entertainment merchants. Moreover, Yi Hua Holdings also expanded its market competitiveness through the acquisition of real estate companies, including the successful acquisition of Yunfu Tairui Baisheng Real Estate Development Company Limited in 2017.

Schedule 1

Properties of Subor ZPlus New Gaming Computer products:

AMD Customized Architecture Chips
- CPU Ryzen 4-core 8-thread 3Ghz +GPU Vega 24CUs; 1.3Ghz floating point operation; 4Tflops
- Latest AMD SoC 15Architecture
- 8G GDDR5 Large Bandwidth Memory
- VR ready

OS Unique dual system - Genuine Windows10
- System 1 is the standard Windows10 desktop system
- System 2 is a highly customized ZPlus game platform based on Windows10
-- Customized UI and services for large-screen gaming experience; ready to use, no complicated configuration required
-- ZPlus game store, Game DVR, one-click sharing, live streaming and other unique features
-- Security-related functions: AMD PSB+TPM+MS Device Guard+ completely independent system; game console-level security mechanism; provide developers with the best copyright protection; provide players with a puree sports game environment free of plug-ins.
-- Support for gamepad, mouse, keyboards and all major gaming peripherals
- Both systems support the unique low power mode (LPM), which allows 30w low power mute background download. The product can be used as a downloader, small home NAS, and remote control and other applications are supported
- Customized UEFI recovery, automatic network download of official system image to ensure user experience and hassle-free system maintenance

Selling points
- 4.9-litre mini size, built-in power supply, excellent heat dissipation design, suitable for living room, desktop and other scenes
- High performance: Compared with the 1050Ti graphics card, the graphics power of the Subor ZPlus New Gaming Computer is 30% better, capable of handling high-quality 3A game masterpieces
- Ultra-quiet: 33 decibels at full horsepower, so users can enjoy a quiet and comfortable gaming environment
- Customizable appearance to display your unique personality
- Built-in dual-band ac WIFI, Bluetooth 4.1, high-speed intervention wireless network
- Dual hard drives can be replaced without dismantling the machine; standard configuration of 128G solid state drive + 1T mechanical hard drive, and users can freely expand the storage space
- SPDIF optical high-definition audio interface offers high quality home theater sound effect
- Dual HDMI 2.0 interface fully supports VR, 4k60fps and HDCP1.4, eliminating the trouble of external HDMI expander
- 4 USB 3.0 ports and 2 USB 2.0 ports available for easy connection to a variety of peripherals

Release time: August 2018
Official suggested retail price: RMB 4,998

About Subor
Founded in 1987, the Subor brand is a famous brand born in the early days of China's reform-and-opening-up that specialized in the development, research, production and sales of educational electronic products. It has laid a good foundation for the learning and popularization of computer knowledge for children and adolescents in China. In the 1990s, the Subor Student Computer became overwhelmingly popular with its market share reached as high as 80%. In the TV commercial endorsed by movie star Jackie Chan, the slogan "Subor helps children grow towards the expectations of parents" made Subor a well-known household name across the country.

About ZPlus New Gaming Computer
In March 2016, after nearly 13 months of negotiations, Subor finally adopted AMD's top-level technology to customize a high-end gaming processor for Chinese users, which aims to create a brand new game product as well as an ecosystem of both software and hardware ecosystem, deliver console game culture and enable every Chinese game player to enjoy the fun of games with better gaming experiences. The brand that bears the vision of Subor in revitalizing the console game market of China is named ZPlus New Gaming Computer.

For further enquiries, please contact Frement Financial Relations Limited:

Ashley Kung
Tel: (852) 2890 8262
Mob: (852) 6608 9927
Email: ashley@frement.com

Vanessa Wong
Tel: (852) 2890 8262
Mob: (852) 6127 1953
Email: vanessa@frement.com

For more information, please visit the official website of Subor ZPlus
http://www.playzplus.com

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Lubrizol Introduces Aptalon(TM) W8030 Self-Matting Polyurethane Dispersion

August 7, 2018, 2:00 am

≫ Next: Lubrizol Launches Solsperse(TM) W100 Hyperdispersant for Water-Borne Coatings

≪ Previous: Subor attended "2018ChinaJoy - Debut of New Product and New Ecology"

CLEVELAND, Ohio, Aug 7, 2018 - (ACN Newswire) - The Lubrizol Corporation announces the commercial availability of Aptalon(TM) W8030 self-matting polyurethane dispersion, a new offering from its breakthrough Aptalon(TM) polyamide technology portfolio.

Aptalon W8030 is a water-borne, self-crosslinking resin with a naturally low gloss that enables matte coatings with little or no matting additives. With hydrolysis resistance, hardness and chemical resistance that outperforms other water-borne polyurethane chemistries, Aptalon W8030 is a 1K PUD designed for high performance coating applications. It meets or exceeds the performance properties of many 2K solvent-borne finishes without the need for external cross-linkers. Aptalon W8030 is NMP, NEP and APE-free for global regulatory compliance.

"Aptalon W8030 delivers excellent clarity in matte finishes," shares Nick Sterne, market manager, Lubrizol Performance Coatings. "It also has great chemical resistance and forms very hard films for outstanding protection across a broad range of demanding wood coating and clear metal topcoat applications. Aptalon W8030 eliminates the need to sacrifice performance for aesthetics by enabling coatings with a beautiful matte finish and fantastic properties."

Exclusively from Lubrizol, Aptalon polyamide technology delivers a step-change in performance for water-borne coatings. Highly adaptive, Aptalon polyamide technology can be tailored to provide high scratch and mar resistance, high chemical resistance, excellent water resistance, resistance to thermal degradation, and very high hardness. Early products from the Aptalon polyamide technology portfolio are designed for challenging metal and wood coatings, but the possibilities for its unique capabilities extend well beyond those applications.

About Lubrizol Performance Coatings

Lubrizol is a market-driven innovator of specialty chemicals that solve today's challenges in the paints and coatings, printing and packaging, paper and textiles, plastics and composites, and digital print markets. More than just a supplier, we are a collaborator with extensive experience in surface protection, dispersion, adhesion, and barrier properties that enables us to enhance the performance, simplicity, and sustainability benefits of our customers' products. With a commitment to collaboration, applied science, and demonstrated value, our team of experts is dedicated to exceeding customer expectations for both the simplest and toughest requirements. Count on Lubrizol to make the difference.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit Lubrizol.com.

Media Contact
Mike Heil
216-447-5176
Website: www.lubrizol.com

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

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Lubrizol Launches Solsperse(TM) W100 Hyperdispersant for Water-Borne Coatings

August 7, 2018, 2:00 am

≫ Next: Lubrizol Introduces Aptalon(TM) W8062 High-Performance Polyurethane Dispersion

≪ Previous: Lubrizol Introduces Aptalon(TM) W8030 Self-Matting Polyurethane Dispersion

CLEVELAND, Ohio, Aug 7, 2018 - (ACN Newswire) - The Lubrizol Corporation announces the commercial availability of Solsperse(TM) W100, a new dispersant from the Solsperse(TM) W-Series family of water-borne dispersant technology.

Solsperse W100 is a multi-functional dispersant designed to work with a broad array of pigments across a wide range of water-borne coatings, simplifying the selection process for formulators. It is highly efficient, bringing pigments to optimum color development with 10-15% less dispersant than competitive dispersants require. In addition, the unique chemistry of Solsperse W100 has less impact on film properties, especially water resistance, making it ideal for use in corrosion control coatings or waterproofing coatings.

"Solsperse W100 delivers outstanding performance at much lower treat rates and has the 'all-rounder' characteristics that make it a solution to many of the challenges formulators face when designing water-borne industrial coatings," shares Dan Latas, global market manager, Lubrizol Performance Coatings. "The minimal impact on film properties will be widely applicable to many end-uses that were previously more challenging for water-borne technology."

Solsperse W100 joins Solsperse(TM) WV400 in the Solsperse W-Series of advanced water-borne dispersants. Each product in the Solsperse W-Series portfolio, which is designed to bring step-change dispersant performance, brings unique benefits for water-borne coatings.

About Lubrizol Performance Coatings

Lubrizol is a market-driven innovator of specialty chemicals that solve today's challenges in the paints and coatings, printing and packaging, paper and textiles, plastics and composites, and digital print markets. More than just a supplier, we are a collaborator with extensive experience in surface protection, dispersion, adhesion, and barrier properties that enables us to enhance the performance, simplicity, and sustainability benefits of our customers' products. With a commitment to collaboration, applied science, and demonstrated value, our team of experts is dedicated to exceeding customer expectations for both the simplest and toughest requirements. Count on Lubrizol to make the difference.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit Lubrizol.com.

Media Contact
Mike Heil
216-447-5176
Website: www.lubrizol.com

###

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

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Lubrizol Introduces Aptalon(TM) W8062 High-Performance Polyurethane Dispersion

August 7, 2018, 2:30 am

≫ Next: Mazda, Saudi Aramco and AIST Begin Joint Research Project

≪ Previous: Lubrizol Launches Solsperse(TM) W100 Hyperdispersant for Water-Borne Coatings

CLEVELAND, Ohio, Aug 7, 2018 - (ACN Newswire) - The Lubrizol Corporation announces the commercial availability of Aptalon(TM) W8062 high performance polyurethane dispersion, a new offering from its breakthrough Aptalon(TM) polyamide technology portfolio.

Aptalon W8062 is a water-borne, self-crosslinking resin providing excellent resistance to hydrolysis, a broad assortment of chemicals, and abrasion while imparting very high hardness. Aptalon W8062 is a 1K dispersion specifically designed for high traffic rigors of residential, commercial and sports wood floor coating applications. Aptalon W8062 delivers the impact and abrasion resistance necessary for high traffic applications while maintaining outstanding gloss and finish throughout the service life of the floor. It meets or exceeds the performance properties of many 2K solvent-borne finishes without the need for external cross-linkers.

"Aptalon W8062 delivers exceptional durability and appearance", shares Pete Donati, segment manager, Lubrizol Performance Coatings. "It is an NMP, NEP, and APEO-free resin that consistently delivers a very hard, tough and beautiful finish that coating formulators expect for demanding wood floor applications."

Exclusively from Lubrizol, Aptalon polyamide technology delivers a step-change in performance for water-borne coatings. Highly adaptive, Aptalon polyamide technology can be tailored to provide high scratch and mar resistance, high chemical resistance, excellent water resistance, resistance to thermal degradation, and very high hardness. Early products from the Aptalon polyamide technology portfolio are designed for challenging metal and wood coatings, but the possibilities for its unique capabilities extend well beyond those applications.

About Lubrizol Performance Coatings

Lubrizol is a market-driven innovator of specialty chemicals that solve today's challenges in the paints and coatings, printing and packaging, paper and textiles, plastics and composites, and digital print markets. More than just a supplier, we are a collaborator with extensive experience in surface protection, dispersion, adhesion, and barrier properties that enables us to enhance the performance, simplicity, and sustainability benefits of our customers' products. With a commitment to collaboration, applied science, and demonstrated value, our team of experts is dedicated to exceeding customer expectations for both the simplest and toughest requirements. Count on Lubrizol to make the difference.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit Lubrizol.com.

Media Contact
Mike Heil
216-447-5176
Website: www.lubrizol.com

###

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

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Mazda, Saudi Aramco and AIST Begin Joint Research Project

August 8, 2018, 4:06 am

≫ Next: Mitsubishi Motors Increases the Production of XPANDER

≪ Previous: Lubrizol Introduces Aptalon(TM) W8062 High-Performance Polyurethane Dispersion

Well-to-Wheel versus Tank-to-Wheel

HIROSHIMA, Japan, Aug 8, 2018 - (JCN Newswire) - Mazda Motor Corporation announced today it will begin a joint research project with Saudi Aramco and Japan's National Institute of Advanced Industrial Science and Technology (AIST) aimed at making internal combustion engines more efficient and reducing carbon dioxide emissions. Saudi Aramco will develop a fuel with a refinery process that results in lower carbon dioxide emissions, and Mazda and AIST will research and develop a high-efficiency engine that uses the fuel. The initiative is expected to yield technologies that effectively reduce carbon dioxide emissions on a well-to-wheel basis.

Research topic: Development of a low-carbon fuel and research into internal combustion engines using said fuel

Participating organizations: Saudi Aramco, AIST, Mazda

http://www.acnnewswire.com/topimg/Low_WelltoWheelTanktoWheel.jpg
Well-to-Wheel versus Tank-to-Wheel

Mazda is working to reduce its impact on the environment in line with its "Sustainable Zoom-Zoom 2030" vision for technology development, announced in August last year. The plan calls for the automaker to reduce overall carbon dioxide emissions on a well-to-wheel basis, considering everything from fuel extraction through to driving. It is no longer sufficient to focus solely on the tank-to-wheel phase and develop fuel efficient engines and cars that emit low levels of carbon dioxide while driving on the road. Through this research, Mazda will build on a long history of technology development efforts aimed at reducing carbon dioxide emissions. The company hopes to contribute to the conservation of resources and preservation of the environment while offering cars that combine outstanding environmental and safety performance with true driving pleasure to wider range of customers globally.

About Mazda

Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

Contact:
Corporate Communications Division
Mazda Motor Corporation, Japan
+81-3-3508-5056 [Tokyo]
+81-82-282-5253 [Hiroshima]
mailto: media@mazda.co.jp

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Mitsubishi Motors Increases the Production of XPANDER

August 8, 2018, 4:50 am

≫ Next: MHPS Continues Global Turbine Leadership

≪ Previous: Mazda, Saudi Aramco and AIST Begin Joint Research Project

TOKYO, Aug 8, 2018 - (JCN Newswire) - Mitsubishi Motors has announced it is to increase production of its XPANDER small MPV following strong demand from customers across the ASEAN region.

The XPANDER is built at a state-of-the-art manufacturing facility in Bekasi, Indonesia and exports began in April this year. It was planned to produce 100,000 units in fiscal year 2018 but in response to demand, it has been decided to boost production by 20% to 120,000 units in order to ensure waiting times are managed. Further increases are being investigated.

Mitsubishi Motors Krama Yudha Indoneisa (MMKI) has already invested in additional welding and assembly facilities to increase production of the XPANDER to the new higher level of 10,000 per month.

In addition, to satisfy demand and future export expansion, MMKI is planning to continue increasing production capacity of the XPANDER by aiming for 150,000 units in fiscal year 2019.

"I am very pleased that customers in Indonesia and other ASEAN markets have enthusiatically accepted the XPANDER. We will continue to devote our efforts to deliver this exciting car as quickly as possible to more customers," said Osamu Masuko, chief executive of Mitsubishi Motors.

The XPANDER had 80,000 orders in Indonesia between the start of order intake in August 2017 and June 2018. In March this year, it was ranked No. 1 in Indonesia's sales volume ranking, and has received the Car of the Year 2018 from the OTOMOTIF newspaper.

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

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