Quantcast
Channel: ACN Newswire
Viewing all 17121 articles
Browse latest View live

Global Insurer AIA Enters Partnership With Singapore-Based Digital Healthcare Innovator MyDoc

$
0
0

AIA Vitality Taps MyDoc To Reward Employees in Singapore For Healthier Lifestyles

SINGAPORE, Dec 19, 2018 - (ACN Newswire) - MyDoc, Asia's first value-based digital managed care platform has been tapped to digitally deliver health screening results of AIA Vitality members in Singapore, creating the first digitally integrated corporate health screening programme for the global insurer.

As a digital healthcare provider, MyDoc is part of Singapore's Ministry of Health's (MOH) regulatory sandbox for telemedicine, allowing it to offer digital managed care services in Singapore. MyDoc has shown a potential reduction in patient healthcare costs by at least 16 percent, according to a study done by a senior economist at the University of Southern California's Center for Economic and Social Research. MyDoc demonstrated a potential cost saving as high as 28 percent resulting from improvements in chronic diseases management and aversion of accident and emergency (A&E) services.

The AIA Vitality Basic Health Check (BHS) identifies members' risk for chronic disease by checking their body mass index (BMI), blood pressure, blood glucose, and cholesterol levels.

"AIA is a market leader, and MyDoc is excited to play a role in helping AIA Vitality members lead a healthy life," said Dr. Snehal Patel, CEO and co-Founder of MyDoc. "Our data reveals there is a higher incidence of patients at risk and undiagnosed prior to using MyDoc. Patient engagement with health screening results is also much lower without the ease of consulting provided by MyDoc post-screening. We aim to make a difference by offering AIA Vitality members 24/7/365 access to a multidisciplinary care team of doctors, nurses, nutritionists, health coaches, primary care coordinators, health screening laboratories and pharmacies."

Our partnership enables us to help AIA Vitality members identify their risk for chronic diseases. This allows for early detection so that appropriate treatment can be administered and subsequently monitored," said Mr. Richard Wyber, Head of Vitality, AIA Singapore.

"As the leading employee benefits provider in Singapore, AIA Singapore is excited to partner with MyDoc to be spearheading Singapore's first digitally integrated corporate health screening programme, helping Singaporeans lead healthier, longer, and better lives through wellness in the workplace. We look forward to working with more companies to enhance their healthcare programs and make a positive impact on employee engagement, wellbeing, productivity and retention levels," added Richard.

AIA Vitality members who complete their health screening through MyDoc will receive Vitality points of up to 6,000 if their results are within the healthy ranges.

In Singapore, Hong Kong and Malaysia, MyDoc has established successful and ongoing implementations with the largest insurers and Fortune 500 companies in the region including AIA, Aetna, and Cigna. By redesigning key touch points along the patient-clinician journey and integrating key stakeholders in the healthcare ecosystem, MyDoc has built a new model of primary care that improves patient health outcomes at lower costs to payers.

Headquartered in Singapore, MyDoc has also established a presence in Malaysia, Hong Kong, India, Sri Lanka, and Thailand. Further expansion into the region is being planned through new partnerships that will be announced in 2019. The company expects its digital health screening, workplace virtual clinic and digital pharmacy, and chronic disease management programmes will be made available to over 15 million employees in the new year.

About MyDoc Pte Ltd

Founded by Harvard Medical School physician and healthtech investor Dr. Snehal Patel and SingHealth medical officer and medtech entrepreneur Dr. Vas Metupalle, MyDoc is the leading patient-centric digital healthcare platform in Asia. With a deeply seasoned team with combined global experience in Healthtech, EMR, Clinical Practice, Insurance, Finance, and Legal and the backing of renowned medical specialists, MyDoc is deploying modular solutions that can be quickly tailored to deliver personalised continuous care across key markets in the region. MyDoc's unique value-based digital managed care model is leading the way for cost reduction in healthcare and catching illnesses before it is too late for employees of over 200 employers in the region including Fortune 500 companies.

For more information
media@my-doc.com

About AIA Vitality

In 2013, AIA Singapore became the first and only insurer to pay members as they get healthier with the launch of AIA Vitality.

AIA Singapore was also the first market to launch the AIA Vitality programme, a leading full scale wellness programme that works with individuals to make real change to their health. This is done by applying the principles of behavioural science; keeping individuals motivated by adding up the benefits of every healthy choice they make, no matter how small.

AIA Vitality is available to both individual policyholders and corporate clients, focusing on rewarding members for making choices that help them live a healthy life.

For more information
AIAVitality.com.sg

Media Inquiries:
PRecious Communications for MyDoc
Vicky al-Taie/ Tabea Wanninger
mydoc@preciouscomms.com

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

Showa Denko Announces Notice Regarding the Status of Share Repurchase and Its Completion

$
0
0

TOKYO, Dec 19, 2018 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) hereby announces that pursuant to Article 156 and Article 165, Paragraph 3 of the Companies Act of Japan, SDK has repurchased its own shares, as outlined below and has completed the repurchase in accordance with the resolutions of its Board of Directors' meeting held on December 11, 2018.

Notes
(1) Class of shares repurchased: Common shares
(2) Total number of shares repurchased: 2,648,300 shares
(3) Total amount of repurchase: 9,999,901,000 yen
(4) Period of repurchase: From December 12, 2018 to December 18, 2018
(5) Method of repurchase: Market Purchase on the Tokyo Stock Exchange

(Reference)
Details of the resolutions of Board of Directors' meeting held on December 11, 2018
(1) Class of shares to be repurchased: Common shares
(2) Total number of shares to be repurchased: Up to 3.0 million shares (2.02% of total shares outstanding, excluding treasury stock)
(3) Total amount of repurchase: Up to 10 billion yen
(4) Period of repurchase: From December 12, 2018 to March 22, 2019

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, and the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory and graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Contact:
Showa Denko K.K. Public Relations Office, Tel: +81-3-5470-3235.

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

Former World Bank President Robert Zoellick to Speak at Asian Financial Forum

$
0
0

Organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC), the 12th Asian Financial Forum (AFF) will be held on 14-15 Jan 2019 at the Hong Kong Convention and Exhibition Centre.
At the keynote luncheon on the first day of the 2019 AFF, one of the highlights of the forum, former World Bank President Robert Zoellick will be the keynote speaker.
The keynote luncheon on the second day will feature April Rinne, Founder, Advisor & Investor, April Worldwide; Head of the Sharing Economy Working Group, World Economic Forum YGL, who will discuss the latest developments in the sharing economy.
Sharing Economy Pioneer April Rinne Joins Business Leaders to Discuss Global Economic Issues

HONG KONG, Dec 19, 2018 - (ACN Newswire) - Organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 12th Asian Financial Forum (AFF) will be held on 14-15 Jan 2019 at the Hong Kong Convention and Exhibition Centre (HKCEC).

Under the theme "Creating a Sustainable and Inclusive Future", policymakers will be joined by financial and business leaders to examine topical issues in the global economy and explore new opportunities. Besides launching the new FinTech Showcase, this year's AFF will feature discussions on a wide range of issues such as sustainable and inclusive development, global investment in the new economy, financial innovation, start-ups and entrepreneurship, and the sharing economy, helping the industry to grasp the initiative and stay competitive in an ever-changing economic environment.

AFF to Explore Alternative Economic Growth Models

Diana Cesar, Chairperson, Asian Financial Forum Steering Committee and Chief Executive, Hong Kong, HSBC, said: "Now in its 12th year, the AFF has firmly established itself as a key event in Hong Kong for global policymakers, business leaders and global investors, setting the agenda for the year. Across Asia Pacific, continued economic growth has gone hand in hand with a growing consciousness that the quality of growth is as important as its speed. With the theme 'Creating a Sustainable and Inclusive Future', the latest AFF underpins this trend and the need to explore alternative economic growth models. We believe the best way to deal with global issues, whether it be trade tension or climate change, is through dialogue and cooperation."

Zoellick Examines Global Economic Prospects and Sino-US Trade Issues

At the keynote luncheon on the first day of the AFF, one of the highlights of the event, former World Bank President Robert Zoellick will be the keynote speaker. Mr Zoellick served as World Bank President from 2007 to 2012, as United States Trade Representative from 2001 to 2005 under President George W Bush, and as the US Deputy Secretary of State from 2005 to 2006. Mr Zoellick had played an important role in Sino-US relations over the years, participating in China's 17 years of negotiations to join the World Trade Organization. During his term as World Bank President, he collaborated with the Development Research Center of the State Council to drive economic development in the mainland.

Mr Zoellick's speech at the AFF will examine global economic prospects and the latest Sino-US trade situation, as well as ways to tackle innovation and achieve a more sustainable mode of development.

Sharing Economy Revolutionises Financial Services

The sharing economy has developed rapidly over the past five years, revolutionising many traditional sectors of the economy. According to PwC, the sharing economy will globally be worth more than US$330 billion by 2025, whereas four years ago its value was estimated at a mere US$15 billion. The sharing economy has found applications in sectors ranging from catering to car hire, and as technology advances it is expected that it will also bring a transformation to the financial services industry. To give industry players a better understanding of the market situation, the keynote luncheon on the second day will feature April Rinne, Founder, Advisor & Investor, April Worldwide; Head of the Sharing Economy Working Group, World Economic Forum YGL. Ms Rinne will discuss the latest developments in the sharing economy and ways for the industry to make use of financing channels such as peer-to-peer lending/insurance, crowdfunding and social payment facilities to improve efficiency and stay competitive, helping to create a sustainable financial environment.

Key Figures to Address Topical Issues

This year sees the launch of four new Panel Discussion sessions on the afternoon of the first day. Influential policymakers and business leaders will examine a range of different topics, ranging from global investment in the new economy and financial innovation, to start-ups and entrepreneurship, and insurance. Heavyweight speakers include Suphachai Chearavanont, CEO, Charoen Pokphand Group; Chen Siqing, Chairman, Bank of China; Denis Duverne, Non-Executive Chairman of the Board of Directors, AXA Group; John Flint, Group Chief Executive, HSBC; Justin Gong, Co-Founder & Vice President, XAG; Nobuyuki Hirano, President & Group CEO, Mitsubishi UFJ Financial Group, Inc; Soul Htite, Chairman and founder of Dianrong; Nisa Leung, Managing Partner, Qiming Venture Partners; Lim Guan Eng, Malaysia's Minister of Finance; Wang Zhaoxing, Vice Chairman, China Banking and Insurance Regulatory Commission; and Max Yuan, founder and Chairman, Xiao-i.

Sponsored again by the Financial Services Development Council, Hong Kong, the Breakfast Panel will be moderated by Laurence Li, Chairman, Financial Services Development Council, on the theme "Hong Kong's Role in the Changing Multilateral Trade Landscape". The panellists include Edward Yau, Secretary for Commerce and Economic Development, HKSAR Government; Victor Fung, Group Chairman, Fung Group; Benjamin Hung, Regional Chief Executive Officer, Greater China & North Asia and Chief Executive Officer, Retail Banking and Wealth Management, Standard Chartered Bank; and John Slosar, Chairman of the Hong Kong - United States Business Council (Hong Kong Section) and Chairman, Cathay Pacific Airways Limited. Together they will explore the opportunities and risks for Hong Kong against the backdrop of recent economic and geopolitical developments, looking at what the city should do to safeguard its position as a leading international financial centre.

New FinTech Showcase Presents Innovative Applications and Solutions

Innovation and technology have already been integrated into many sectors of the economy, including financial services. The new FinTech Showcase launched at this year's AFF enables international financial institutions and technological enterprises to present their innovative applications and solutions to the industry. Exhibitors include HSBC, Mitsubishi UFJ Financial Group, NEC and TNG FinTech Group. NEC will showcase a range of FinTech-related solutions that cover smart city development, artificial intelligence, display products and servers that can help the industry to improve its competitiveness and efficiency.

Launched last year, the InnoTalks series returns to explore a series of technological issues relevant to the financial sector, including developments in the Guangdong-Hong Kong-Macao Greater Bay Area, FinTech, virtual banking, RegTech, InsurTech, blockchain, technology investment and internet security. The series will give the industry comprehensive insights into innovative FinTech developments that can help to boost competitiveness.

AFF Deal Flow Matchmaking Facilitates Collaboration

Another key feature at this year's forum is the return of the AFF Deal Flow Matchmaking Session, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association. Last year's AFF Deal Flow arranged more than 600 one-on-one meetings for 500 companies on more than 500 investment projects, covering sectors including manufacturing and green technology, FinTech, digital technology, healthcare technology, infrastructure and real estate services, environmental protection, energy and agriculture.

The InnoVenture Salon is back for the second time on an expanded scale and with enriched content, making it the ideal platform to connect start-up companies with potential investors and partners. Start-ups will showcase their products and ideas at exhibition booths, and present their business plans at Demo Hours. Fireside Chat will feature industry pioneers from Hong Kong, Germany and the United States who will share insights into artificial intelligence and blockchain technology applications, financial and regulatory technology, biotech and healthcare technology, providing practical tips on becoming a successful entrepreneur. Industry experts will offer practical tips on growing a successful start-up business at the Startup Clinic, while fledgling companies can enjoy one-on-one meetings with business partners through Investor Alley, helping them to share their financing needs with potential investors.

Event website: www.asianfinancialforum.com
Programme: http://www.hktdc.com/ncs/aff2019/en/s/programme.html
Speakers: http://www.hktdc.com/ncs/aff2019/en/s/speakers.html
Photo download: https://bit.ly/2R2Aug9

Members of the media interested in interviewing the speakers can fill out the form (https://bit.ly/2PB3VB2) and email it to sunny.sl.ng@hktdc.org by 4 January 2019.

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 50 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.

Contact:
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org

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

NEC Welcomes Greater Industry Collaboration on Facial Recognition Technology

$
0
0

By Takashi Niino, President and CEO, NEC Corporation

TOKYO, Dec 19, 2018 - (JCN Newswire) - As a world-leading provider of facial recognition and other biometric, as well as information and communications technologies, NEC Corporation welcomes greater industry collaboration and effective discussion for the future of facial recognition technology and business. As a point of background, NEC produces face, iris, fingerprint, palm print, finger vein, voice and ear acoustic recognition technologies, and has over 700 biometric recognition installations in over 70 countries around the world.

In recent weeks, we've seen renewed calls for government regulation and discussions about how we as an industry can build a foundation of responsibility to protect people against discrimination, invasions of privacy and violations of human rights.

NEC Corporation welcomes this debate as we believe it will lead to solutions that can make our world a better place. Furthermore, we are eager to move the discussions forward.

As more companies come forward to add their voices to this dialogue, I believe we will start to see new and different roles that these technologies can play in protecting and improving our global communities.

In the United States, for example, the Department of Homeland Security is today using facial recognition technology at more than a dozen airports to positively identify travelers entering and exiting the United States. Three days after the technology was introduced at Dulles International Airport, an imposter was stopped using a fake document. As recently as late November, the lead architect of this system from U.S. Customs and Border Protection (CBP) reported that it had identified at least 36 imposters so far. Additionally, the first curb-to-gate biometric experience in the U.S. just launched at a major international airport terminal to a positive customer response, potentially changing the future of travel.

NEC, therefore, supports various governments' considerations for reasonable policy, setting privacy standards for personal information and preventing unlawful discrimination related to this technology. Businesses, consumers, and the government should work together to help balance the need for privacy with the benefits of protecting our society, securing our borders and providing consumer convenience without the fear of negative consequences.

Accuracy is vitally important to the effectiveness of biometric technologies. At NEC, we are committed to the National Institute of Standards and Technology (NIST) and their evaluations. NEC has a nearly decade-long leadership position and pedigree where NIST evaluations of our facial recognition technologies are concerned, and you can read more about it on our global website.

In addition, NEC has established a "Digital Trust Business Strategy Division" to create and promote a strategy based on "Human Rights by Design," considering the impact of the adoption of artificial intelligence (AI) on society and the utilization of biometric information on human rights and privacy.

NEC seeks an adoption path for these technologies that is in line with the worldwide principals of freedom, justice, rights to privacy, transparency and continuous improvement. At NEC, we strongly believe that facial recognition can add significant value to our lives.

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness 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, visit NEC at https://www.nec.com.

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

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

NEC Successfully Demonstrates Real-Time Digital OAM Mode Multiplexing Transmission in the 80GHz-Band for the First Time

$
0
0

Demonstration Equipment
- Supports increasing demand for 5G networks -

TOKYO, Dec 19, 2018 - (JCN Newswire) - NEC Corporation announced today the world's first(1) successful demonstration of real-time digital wireless Orbital Angular Momentum (OAM) mode multiplexing transmission over 40 meters in the 80GHz-band. This technology can help solve the ever increasing demand for high-capacity wireless connections for 5G networks. NEC aims to use this technology for its iPASOLINK series of ultra-compact microwave and mmWave communication products, which are capable of extremely reliable, high-capacity mobile backhaul solutions for 5G networks.

In recent years, more and more base stations are required for proper transmission coverage, especially in hot spots and ultra-dense urban areas, where the cell grid becomes very dense. Additionally, datacenters will be moving to the edge in order to handle low latency requirements. However, it is difficult to connect these high-density cell sites with just optical fibers.

Moreover, traffic volume between 5G base stations can reach up to 100Gbps and it is extremely challenging to create sufficient transmission capacity with existing methods, such as using wider channels, multi channels or increasing the modulation scheme. Therefore, high-capacity wireless backhaul is a key technology to cover the whole network and OAM mode multiplexing technology is attracting a great deal of attention.

OAM is one of the physical characteristics of electro-magnetic wave propagation. A feature of an OAM signal is that it has a spiral phase front. The number of spiral planes in a signal is called an OAM mode, and the shape of all modes is different. This means that all of the OAM modes are independent of each other. Therefore, multiple OAM modes transmitted on the same channel simultaneously can be separated and demodulated at receivers. This is an OAM mode multiplexing transmission.

NEC has developed a real-time digital signal processing circuit and successfully demonstrated, for the first time in the world, a wireless transmission over a distance of 40 meters with a modulation of 256 QAM in the E-band (71 to 86GHz) by multiplexing 8 OAM modes. In this demonstration, 7.4Gbps (8 modes x 8 bit/symbol x 115 Mbaud) were transmitted using a symbol rate(2) of 115 Mbaud.

The newly developed digital signal processing circuit superposes and separates the OAM modes with high precision, which improves the spectrum efficiency.

Going forward, NEC will work on research and development to realize 128 bps/Hz (8 modes x Dual polarization x 8 bit/symbol)(3), as well as 100 meter transmission in the higher frequency D-band (130 to 174.8GHz) by the end of in 2019. Transmission at 100 meters in the D-band will be one of the key technologies applicable to backhaul for 5G base stations and the fronthaul between CU (Central Unit: aggregation base station) and DU (Distributed Unit: remote station).

This research and development was conducted as part of "The Research and Development Project of OAM Mode Multiplexing Radio enabling Ultra High Capacity Transmission in Millimeter wave bands" under a contract with the Ministry of Internal Affairs and Communications, Japan.

(1) According to NEC research
(2) In the digital modulation, the transmission symbols are switched at fixed time intervals. The reciprocal of this switching interval is called baud rate (unit is [baud]).
(3) Multiplexing of electro-magnetic waves in vertical and horizontal directions. As they do not interfere with each other, the technology has been conventionally used to achieve double-capacity in the wireless transmission.

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness 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, visit NEC at https://www.nec.com.

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

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

Lubrizol Appoints Osterman as New Distributor in North America

$
0
0

CLEVELAND, Ohio, Dec 20, 2018 - (ACN Newswire) - The Lubrizol Corporation announces its Engineered Polymers business will extend its North American distribution channel with the appointment of Osterman and Company, Inc. as a distributor for its thermoplastic polyurethane (TPU) portfolio. This will provide customers with even greater access to consultative sales engineers, faster response time and is well aligned with market trends that favor engineered plastics and more sustainable product solutions. The agreement, which was effective November 19, 2018, includes the following key product lines which are well-suited for today's innovative and demanding applications:

- Estane(R) TPU polymers, the standard by which others are measured, bridge the gap between flexible rubber and rigid plastics, and can be utilized in high performance film and sheet, extrusion, blow molding, injection molding, over molding, calendaring and solution coating processes.

- Pearlthane(TM) TPU and Pearlthane(TM) ECO* TPU products are ideal for extrusion, injection molding and compounding applications such as flexible films, abrasion resistant hoses, soft touch injection molded parts and more. Derived from renewable resources, Pearlthane(TM) ECO TPU delivers superior performance, even more sustainably.

- Pearlbond(TM) TPU includes products for Hot Melt Adhesives (HMA) and Reactive Hot Melts (HMPUR), typically used in automotive interior parts, textiles and footwear, bookbinding and furniture, with the ability to join a wide range of materials enabling new, innovative design freedom.

- Carbo-Rite(TM) conductive compounds provide permanent electrostatic dissipative (ESD) solutions, with high consistency from lot to lot, for today's demanding applications where reliability, value and safety matter most.

- Stat-Rite(R) inherently static dissipative compounds set the new standard for test and design engineers requiring permanent ESD properties without compromising cleanliness, and enabling low pigment loading color options without affecting other properties.

Jim Harbert, North American sales manager for Lubrizol Engineered Polymers, comments, "It is exciting to work with Osterman. They bring in-depth knowledge of the engineering plastics markets in North America, as well as a knowledgeable salesforce and technical support team. Combined with Lubrizol's innovative and durable TPU solutions for specialized wire and cable, consumer, industrial and automotive applications, this further enhances our ability to work closely with customers, helping them solve difficult problems to drive innovation and growth."

Jeff Filippelli, vice president of Engineered Polymers (EPI) at Osterman, comments, "With the growing demand for high performance materials that provide superior durability and quality, we are proud to represent the products and professional integrity of Lubrizol. With this new relationship, we advance our mission to provide customers with reliable solutions that deliver differentiated performance in even the most demanding applications, and where more sustainable solutions enable customers to advance their performance both economically and environmentally."

About Lubrizol Engineered Polymers

Lubrizol Engineered Polymers offers one of the broadest portfolios of engineered polymers available today including resins that are bio-based*, recyclable**, light stable, flame retardant, adhesive, chemically resistant, optically clear and fast cycling. Our technology crosses many industries and applications, including surface protection, power and fluid systems, sports and recreation, wearable devices, electronics and automotive. For more information, visit or contact engineeredpolymers@lubrizol.com.

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.

*Bio-based content as certified in accordance with ASTM D-6866.
**Recyclability is based on access to a readily available standard recycling program that supports such materials. Products may not be available in all areas.

All marks are owned by The Lubrizol Corporation.

Image:
Estane(R) thermoplastic polyurethane (TPU) polymers push the limits of performance in wire and cable applications, providing abrasion resistance, low coefficient of friction, low temperature flexibility, chemical resistance, flex life and flame retardancy. https://hugin.info/143680/I/2108550/118228.jpg

Media Contacts
Nicholas Galioto
+1 216 447.7382
The Lubrizol Corporation

Web Sites
www.lubrizol.com/engineered-polymers
www.lubrizol.com

###

This announcement is distributed by West Corporation on behalf of West Corporation 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

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

BH Global secures FPSO and LED Lighting contracts worth S$7.6 million

$
0
0

SINGAPORE, Dec 20, 2018 - (ACN Newswire) - BH Global Corporation Limited ("BH Global", or the "Group"), an established group providing comprehensive solutions in supply chain management, design and manufacturing, engineering, and surveillance and cyber security to a multitude of industries across the globe, is pleased to announce recent contract wins for the supply of cables for a FPSO (floating production storage and offloading vessel) project to a repeat customer, and the supply of LED lighting systems to an overseas customer.

The FPSO offshore cables supply contract was secured by Beng Hui Marine Electrical Pte Ltd ("BHM"), the Supply Chain Division of BH Global. The track record of BHM's unique 'Cables Management Program' contains numerous well-executed past projects. Coupled with its Just-In-time (JIT) delivery system, BHM's proven ability to assist its clients to attain substantial savings in logistic and financial costs were a major contributor in securing this key project.

The Group is also building on its strength in LED lighting systems to secure more orders. BH Global's new LED factory in Kunshan has been completed in Q4 of 2018, and will commence production in 2019. BHM's proprietary 'Save Our Planet' (SOP) LED lightings continues to see a rise in customer take up rates contributing to 25% year-on-year growth. In a recently completed project, the Yangon Port Terminal has installed the Group's SOP corrosion-resistant marinized floodlights, which achieved amazing energy savings of about 80% compared to conventional lightings. Significant savings were similarly achieved in three cable factories of a U.S customer through the use of BHM's SOP Highbay LED lights equipped with Adaptive Smart Controls.

The solutions provided by BHM reinforce BH Global's shift towards green practices and sustainability development, helping to minimise material wastage and reduce energy consumption.

The contract wins are expected to be delivered in 2019.

Commenting on the contract wins, Mr Vincent Lim, Chief Executive Officer of BH Global said, "We look forward to continuing this order-winning momentum as we rebuild our position coming out from the decline in the marine and offshore industry. It has been a trying couple of years but we continue to see encouraging results alongside the recovery in the industry that is underway. Prospects for our LED design and manufacturing business has also improved now that our new factory in Kunshan has been completed, and we hope to ramp up its production in due time."

Going forward, the Group is focused on consistent improvements to stabilise and subsequently bolster its performance in the long run.

About BH Global Corporation Limited (Bloomberg Code: BHGM.SP)

BH Global Corporation Ltd is an established group providing comprehensive solutions in supply chain management, design and manufacturing, engineering, and surveillance and cyber security to a multitude of industries across the globe. With more than half a century of experience and presence in the marine and offshore, oil and gas, industrial, petrochemical and commercial sectors, the Group has built strong synergies and expertise that strategically position it to develop turnkey solutions focused on electrification, digitisation and environmental sustainability.

Through excellent research and development and project management capabilities, BH Global has a unique platform which is proficient in producing integrated solutions to capture growth opportunities, and executing swift and impactful value-added services to its clients worldwide. For more information, please refer to the website, www.bhglobal.com.sg

For more information, please contact:
Romil SINGH, romil@financialpr.com.sg
Jonathan YEOH, jonathanyeoh@financialpr.com.sg
Tel: +65 6438 2990
Fax: +65 6438 0064

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

Inter-regional Collaboration Explored at Lifestyle Expo

$
0
0

Guests at the opening ceremony for the HKTDC Lifestyle Expo in Mumbai
Eddie Lee, Senior Product Promotion Manager, HKTDC (centre) takes Guest of Honour Subhash Desai, Minister for Industries and Mining, Government of Maharashtra (R), on a tour around the Lifestyle Expo in Mumbai.
The two-day event showcases a wide selection of trendy products from about 140 Hong Kong and Mainland China companies.
Mumbai Event Promotes Hong Kong-India Business Opportunities

HONG KONG, Dec 20, 2018 - (ACN Newswire) - The Lifestyle Expo in Mumbai opened yesterday at the Expo Centre in Mumbai's World Trade Centre. Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Trade Development Bureau of Ministry of Commerce of the People's Republic of China, the expo serves as a platform for suppliers from Hong Kong and Mainland China to connect with buyers from India and other countries in South Asia, creating new partnership opportunities by capturing the robust demand for trendy lifestyle products.

The two-day event showcases a wide selection of quality products from about 140 Hong Kong and mainland companies and will be attended by close to 2,000 buyers from India and other South Asian countries. Exhibits include household appliances, fashion and fashion accessories, consumer electronics and electric parts, as well as gifts and premiums.

The best of Hong Kong fashion is being showcased at the expo, highlighting Hong Kong's creative and design capabilities to buyers at the event. Accomplished designers such as Kevin Ho, Jane Ng, Walter Kong & Jessica Lau, Carrie Kwok, Yannes Wong and Mountain Yam are featuring their latest designs at the event's FASHIONALLY zone.

Exploring Regional Cooperation for 'Win-win' Result

Speaking at the opening ceremony, HKTDC Senior Product Promotion Manager Eddie Lee highlighted the longstanding cooperation between Hong Kong and India, saying that India was the city's seventh-largest trading partner and that ties between the two places would continue to grow in the future.

"Through the Lifestyle Expo we can showcase some of the best and brightest brands from Hong Kong and Mainland China to buyers from across India and the region. Companies can discover new products, expand business contacts and establish new partnerships that can lead to a more prosperous future and a win-win result for all concerned," Mr Lee said. "We have very high hopes for the future of trade links between India and Mainland China, with Hong Kong serving as a 'Super-Connector' between two of the world's most populous and fastest-growing large economies."

India - a Key Business Partner for Hong Kong

India was Hong Kong's third-largest export market in 2017 while Hong Kong was India's third-largest export market. India-Hong Kong trade in 2017 was valued at approximately US$34 billion, an increase of 27% over the previous year. Exports from India to Hong Kong were close to US$13.7 billion, led by exports of non-ferrous metals, metalliferous ores and metal clap.

Business Matching and More

Customised "One-on-One" business-matching services are provided at the Lifestyle Expo to connect exhibitors and buyers and foster collaboration. Meanwhile, products from exhibitors are being spotlighted at the "hktdc.com Small Orders Showcase", allowing buyers to place orders of between five to 1,000 pieces.

In addition, the HKTDC Frequent Buyer Awards were presented yesterday to Indian companies that have given continued support to the Council's trade fairs in Hong Kong and India.

Fair Website:
Lifestyle Expo in Mumbai: http://m.hktdc.com/fair/lifestyleexpomumbai-en/
Photo Download: https://bit.ly/2GwcMVC

(Photo:)
Guests at the opening ceremony for the Hong Kong Trade Development Council (HKTDC) Lifestyle Expo in Mumbai include (from left to right): Wang Shicai, Commercial Counsellor, Economic and Commercial Section of the Consulate General of the People's Republic of China in Mumbai; Han Shengjian, Deputy Director-General, Trade Development Bureau, Ministry of Commerce, the People's Republic of China; Tang Guocai, Consul General, Consulate General of the People's Republic of China in Mumbai; Subhash Desai, Minister for Industries and Mining, Government of Maharashtra; Eddie Lee, Senior Product Promotion Manager, HKTDC; Vijay Kalantri, President, All India Association of Industries; Rajesh Bhagat, South Asia Consultant, HKTDC and Ravi Dalmia, Treasurer, India China Chamber of Commerce & Industry https://bit.ly/2T5PXtp

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 50 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.

Contact:
(Mumbai) Mitra Dave Tel: +91-22-4333-6333 Email: south.asia.consultant@hktdc.org (Hong Kong) Coco Yuen Tel: +852 2584 4145 Email: coco.hc.yuen@hktdc.org

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

MHPS Announces its 2018 "Best Partner Awards"

$
0
0

Mitsui Miike Machinery Co., Ltd.
Howmet Japan Co., Ltd.
ASAHI KOHSAN CORPORATION
- Certificates presented to suppliers that made especially noteworthy contributions to MHPS' business operations in 2018
- Four recipients: AZAD (India), Mitsui Miike Machinery, ASAHI KOHSAN, Howmet Japan

YOKOHAMA, Japan, Dec 20, 2018 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has presented certificates of appreciation to four companies that, among its many suppliers, made especially noteworthy contributions to its business operations during 2018.

The companies receiving the 2018 "MHPS Best Partner Awards" were as follows:

- AZAD ENGINEERING PVT LIMITED (Hyderabad, India)
Awarded in recognition of the company's continuous contributions to reducing the price of steam turbine blades and expanding the lineup of items for use in gas turbine compressors blades

- Mitsui Miike Machinery Co., Ltd. (Tokyo, Japan)
Awarded for its proactive initiatives enabling significantly shorter delivery period for coal and biomass handling machinery

- ASAHI KOHSAN CORPORATION (Tokyo, Japan)
Awarded for securing outstanding quality, work processing, and project completion in absorption tower lining

- Howmet Japan Co., Ltd. (Nomi, Ishikawa, Japan)
Awarded in recognition of the company's contribution to enhancing MHPS' competitive strength by completing development of precision-molded blades for the M501JAC gas turbine

Going forward, MHPS will continue to work closely with all business suppliers in a quest for ongoing improvements in quality, delivery speed, and cost in the areas of thermal power generation and environmental technologies, for continuous improvement of its customer services.

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:
Corporate Communication Department Mitsubishi Heavy Industries, Ltd. Email: mediacontact_global@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

CLX Communications secures expanded credit facility with improved terms and conditions

$
0
0

STOCKHOLM, SWEDEN, Dec 20, 2018 - (ACN Newswire) - CLX Communications AB, a global leader in cloud communications for customer engagement through mobile technology, today announced that the company's corporate credit facilities have been successfully expanded and extended.

The expanded credit facility grants CLX Communications AB access to SEK 1,500 million in debt financing provided that the company meets a set of pre-defined terms and conditions. This represents an increase in debt funding for M&A of SEK 900 million compared to the company's earlier bank agreements. In addition to the SEK 1,500 million facility, the company has an overdraft facility of SEK 200 million.

The terms and conditions agreed with the lending banks match the company's leverage policy, where the target is that net debt over time shall be below 2.5 times adjusted EBITDA (measured on a rolling twelve month basis). The new credit facility replaces earlier debt financing and is made available by Danske Bank and Handelsbanken. The term to maturity is three years, with possible extension for an additional two years. The new terms also imply a lower interest margin and decreased amortization.

"We are very pleased with our new credit facility. The improved terms acknowledge our company's strong financial standing and will allow further value-accretive M&A to increase our profitability and further strengthen our product offering", says Oscar Werner, Chief Executive Officer of CLX Communications AB.

For further information, please contact

Thomas Heath
Chief Strategy Officer and Head of Investor Relations
CLX Communications AB (publ)
Mobile: +46-722-45 50 55
E-mail: thomas.heath@clxcommunications.com

About CLX Communications

CLX Communications (CLX) is a leading global provider of cloud-based communication tools for enterprises and mobile operators. CLX's mobile communication services enable businesses to quickly, securely and cost-effectively reach their customers through mobile messaging, voice and video. The CLX platform powers business-critical communications throughout the world, and the company has grown profitably since its foundation in 2008. The Group is headquartered in Stockholm, Sweden, and has presence in a further 20 countries.

CLX Communications' shares are traded at NASDAQ Stockholm: XSTO: CLX.

Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation. This information was submitted for publication under the auspices of the above contact on 20 December 2018 at 08:00 CET.

201218_Refinancing_ENG: http://hugin.info/173289/R/2229610/875945.pdf

###

This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CLX Communications AB (publ) via Globenewswire

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

Mitsubishi Motors Creates Energy Self-Sufficient Dealership

$
0
0

Installs Large Capacity Panels and Battery Storage at Kyushu Showroom

TOKYO, Dec 20, 2018 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) and Kyushu Mitsubishi Motors Sales Co., Ltd. are aiming to create a showroom that uses renewable energy to be self-sufficient - and can even provide a stable supply of power to electric vehicles in times of natural disaster.

The Futamatase DENDO Drive Station showroom in Fukuoka Prefecture, Kyushu, uses new large capacity solar panels and a storage battery unit to store the power generated. It started operating on December 20, 2018.

The system specification provides for the future reuse of EV and PHEV batteries, which can be incorporated into the storage unit.

The solar panels installed at the Futamatase showroom have a 30kW generating capacity, equivalent to the showroom's average power consumption, while the battery unit can store 100kWh of electricity, equivalent to 10 days power usage in an average household.

In addition to being able to supply EV and PHEVs with electricity for charging purposes, the use of a V2H(1) adapter allows the system to supply enough electricity to meet the showroom's needs using a combination of power extracted from EV and PHEV batteries and electricity generated by the solar panels.

The project will collect a variety of data over the next year to demonstrate the viability of the solar panel and storage battery capacities and help shape future DENDO Drive Stations.

In addition to standard showroom facilities, the DENDO Drive Station next-generation showroom features a presentation and demonstration area where visitors can learn and experience how EVs will play a key role in diverse energy grids of the future, and their value in times of natural disaster.

Since MMC opened its first DENDO Drive Station in October 2016, it has converted 56 showrooms nationwide as of December 20, and expects to increase this to 200 by financial year 2020.

By creating DENDO Drive Stations, MMC and Kyushu Mitsubishi Motors Sales are hoping to contribute to a more efficient and disaster-resilient energy grid by increasing the number of EVs and PHEVs on the road.

(1) Vehicle to Home: Supplying homes with electric power stored in EV batteries.

About Mitsubishi Motors

Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid electric vehicles. Since the Mitsubishi group produced its first car more than a century ago, we have demonstrated an ambitious and often disruptive approach, developing new vehicle genres and pioneering cutting-edge technologies. Deeply rooted in Mitsubishi Motors' DNA, our brand strategy will appeal to ambitious drivers, willing to challenge conventional wisdom and ready to embrace change. Consistent with this mindset, Mitsubishi Motors introduced its new brand strategy in 2017, expressed in its "Drive your Ambition" tagline - a combination of personal drive and forward attitude, and a reflection of the constant dialogue between the brand and its customers. Today Mitsubishi Motors is committed to continuous investment in innovative new technologies, attractive design and product development, bringing exciting and authentic new vehicles to customers around the world.

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

JCB Launches QR Code Payment in the Asian Region

$
0
0

TOKYO, Dec 21, 2018 - (ACN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd, today announced that JCB has launched EMV standardized QR Code Payment service. JCB QR Code Payment is a new mobile payment solution for JCB cardmembers to scan the QR Code displayed at the merchant point-of-sale by their mobile phone. This merchant-presented QR Code Payment is a cost-efficient and easy implementation solution for JCB partner financial institutions and their merchants.

Bank SinoPac in Taiwan and Sacombank in Vietnam became the first banks to offer the JCB QR Code Payment service. SinoPac will start the service full scale at merchants who used to accept only cash such as fish markets, flower markets and taxis in January 2019 and expand new merchant base to more than 3,000. Sacombank has just announced its new mobile banking app "Sacombank Pay", for which their JCB Cardmember can choose JCB Card as a source of funds and will offer QR Code payment service at more than 2,000 merchants from 28th December 2018.

Daisuke Sakurai, Executive Vice President, Business Development & Coordination Headquarters I, said: "We are truly excited to introduce our new payment solution in one of the most advanced mobile payment markets, Taiwan and the most rapidly growing market Vietnam. JCB expects to offer this new service in at least more than 3 countries in Asia next year. We hope that JCB QR Code Payment service will not only help create a new payment mode/interface, but also become a strong tool to realize the cashless society."

About Bank SinoPac

Bank SinoPac is a wholly owned subsidiary of SinoPac Holdings, and was created in the merger of equals between Bank SinoPac under SinoPac Holdings and International Bank of Taipei on November 13, 2006. Bank SinoPac provides the best financial services with an all-encompassing business network and highly innovative product lines, establishing the first Chinese financial brand with the vision of "achieving wonderful life with financial services, and providing flexible financial total solutions to customers."

About Sacombank

Established on December 21, 1991, Sacombank is now one of the Top 5 banks in Vietnam with the strategy of becoming the leading modern universal retail bank in the region in which focusing on safety, efficiency and sustainability. Especially, the system of issuing and managing international standard cards and e-banking system with many advanced optimization utilities are being considered as one of the most advanced in Vietnam. In addition, Sacombank is also continuously implementing preferential loan packages, connecting banks and enterprises in order to contribute to stabilizing the market, meeting the demand for capital for business development, import-export and consumption needs. Sacombank is particularly committed to cooperating with partners in various fields such as insurance, real estate, telecommunications, education, health, food, transport, agriculture... to develop specialized product lines in order to exploit the potential of retail market in Vietnam.

About JCB

JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and card member base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. Currently, JCB cards are accepted globally and issued in 22 countries and territories. For more information, please visit: https://www.global.jcb/en/

Note: Statistics about JCB are as of November 2018.

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

Legalization of Industrial Hemp Positions NutraFuels for Market Expansion

$
0
0

Coconut Creek, FL, Dec 21, 2018 - (ACN Newswire) - via NEWMEDIAWIRE -- NTFU applauds the passage of the 2018 Farm Bill allowing federally insured banks to legally work with merchants for product processing as well as the removal of barriers for research and industrial hemp production.

"The hemp industry has been challenged over the years because of banking restrictions. It has caused challenges from the standpoint of merchant product processing for hemp-derived CBD products. It also caused headwinds with respect to many aspects of the companies operating in the hemp public markets," said Edgar Ward, CEO and Founder of NutraFuels.

Brightfield Group estimates the worth of the hemp CBD market to be $22 Billion by 2022, outpacing the rest of the cannabis market combined. "We've been planning and preparing for an increase in CBD product demand in anticipation of the passage of the 2018 Farm Bill," added Ward.

The updated language from the Farm Bill defines hemp in a way that removes it from the Controlled Substances Act. Going forward, hemp will be classified as an agricultural commodity under federal law. Farmers will now benefit from the removal of barriers to obtaining crop insurance. Shareholders and manufacturers will see the removal of restrictions on importing and exporting hemp which contributes to the projected boost of growth for the hemp industry.

"The lack of legal clarification and the longtime stigma around hemp has dampened the business opportunity and created concern for the investment community," said Ward. "The new law provides clarity and the legal parameters to enable companies like NutraFuels to capitalize on a more efficient operating environment and market expansion."

NutraFuels is a fully reporting company with a class of securities registered with the SEC. The Company's filings can be viewed at www.sec.gov. NTFU's CBD products and information about the company's direct sales program can be found online at www.nutrahempcbd.com and by following the company on Instagram.

Forward Looking Statements
This communication contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as "may," "will," "except," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements largely on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company's filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors," in the Company's Annual Report on Form 10-K with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company's management to predict all risk factors, nor can the Company assess the impact of all factors on Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.

Edgar Ward
5612123816
edgar@nutrafuels.com

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

NEC Completes Construction of Earthquake Detection System in Indonesia

$
0
0

System Handover Ceremony
- Contributing to enhanced disaster protection countermeasures -

TOKYO, Dec 21, 2018 - (JCN Newswire) - NEC Corporation (TSE: 6701) has completed a wide-area disaster prevention system in Indonesia that quickly and effectively detects earthquakes. The system will be operated by the Badan Meteorologi, Klimatologi, dan Geofisika (BMKG), the Meteorology, Climatology, and Geophysical Agency of Indonesia, and was constructed under a grant for disaster prevention and reconstruction sponsored by the Japanese government.

This wide-area disaster prevention system, which has been under construction since March 2017, is already gathering seismic intensity and waveform information obtained from seismometers and accelerometers newly installed at 93 sites across Indonesia. Data is provided in real-time to a server at the headquarters of the Meteorological, Climatological and Geophysical Agency in Jakarta via a satellite-based communication system (VSAT). These operations enable the Meteorological, Climatological and Geophysical Agency to monitor seismic activity constantly and improve the accuracy of epicenter analysis and magnitude estimation.

Going forward, this system is expected to contribute to the advanced understanding of and preparation for earthquakes.

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness 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, visit NEC at https://www.nec.com.

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

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

Fujitsu Launches Next Generation Quantum-Inspired Digital Annealer Service

$
0
0

Digital Annealer On-Premises server
Digital Annealing Unit (DAU)
Pricing and Availability
Second generation expands scale from 1,024 bits to 8,192 bits, maximizing ability to rapidly solve combinatorial optimization problems; across a variety of industries

TOKYO, Dec 21, 2018 - (JCN Newswire) - Fujitsu has announced the Japanese launch of the second generation of its Fujitsu Quantum-Inspired Computing Digital Annealer Cloud Service. The service utilizes Fujitsu's unique Digital Annealer architecture to quickly solve combinatorial optimization problems, drawing on an innovative design inspired by quantum phenomena. The second generation of the service expands the scale of problems that can be solved from the 1,024 bits of the first generation, launched in May 2018, to 8,192 bits, leading to substantial gains in precision and performance for enhanced problem-solving and new applications. Fujitsu plans to roll out the service to North America and Europe during fiscal 2018 (Fujitsu's fiscal year ends March 31), and thereafter to the rest of Asia as well. The second generation service can be applied to increasingly complex real-world problems in businesses and society, including manufacturing, financial services, retail and distribution as well as drug discovery, and can be expected to see use in various industries and fields.

Fujitsu will offer the Fujitsu Quantum-inspired Computing Digital Annealer as an On-Premises Service starting in February 2019. With the new service, servers supporting the second generation of Digital Annealer technology can be installed in customer datacenters.

The Digital Annealer is a core technology developed to accelerate digital innovation. With advanced technological capabilities refined through developing supercomputers, an abundant track record of systems integration, and engineers with expertise in such areas as consulting, systems engineering, and research and development, Fujitsu maintains its commitment to promote transformative technological innovations. Delivering the Digital Annealer solution to businesses in order to solve complex, large scale problems, Fujitsu is able to contribute to the evolution of customer operations and potentially new customer business models.

Background

Fujitsu Laboratories Ltd. developed the Digital Annealer as a dedicated architecture for solving combinatorial optimization problems, which involve finding optimal solutions for real-world problems in which large numbers of potential combinations exist. In May of this year, Fujitsu Limited launched a cloud-based service using this architecture to solve problems of a scale that could be expressed in up to 1,024 bits. As it was necessary to improve the scale and precision of the technology in order to handle larger scale, more complex problems, Fujitsu developed the next generation Digital Annealing Unit (DAU), a dedicated processor for the Digital Annealer that makes use of ultra-high-density circuit integration technology refined through the development of high-performance processors. This breakthrough development has expanded the scale of the number of connections between bits from the current 1,024 to up to 8,192, and the coupling precision from 16 bits of gradation to a maximum of 64 bits, for 18.45 quintillion gradations. These enhanced performance specifications allow for the application of this technology to solve even larger scale problems - previously unsolvable, while also dramatically improving processing performance by a factor of 100 compared with the existing first generation of the Digital Annealer. With the next generation service, the Digital Annealer technology can be applied to more complex problems, including the optimization of production lines for entire factory floors, or drug discovery focused on intermediate-sized molecules.

Features of the Service

Customers will be able to use the second generation (maximum of 8,192 bits) Digital Annealer via the internet with Fujitsu's Digital Annealer Cloud Service, as well as the Digital Annealer On-Premises Service, through which servers are installed in customer datacenters for onsite usage.

1. Provides world-class scale and precision with full bit intercoupling

The Digital Annealer employs a fully coupled design that can handle the strength of all couplings between bits, and owing to that all 8,192 bit values are fully coupled and mutually interconnected. Moreover, because the strength of the coupling between bits can be expressed in detail with up to 64 bits, providing 18.45 quintillion gradations, the Digital Annealer can solve even large-scale, complex problems that cannot be solved by current Ising machines or quantum annealing machines.

2. Stable operations due to digital circuitry

The Digital Annealer employs digital circuitry in its design, and as a result operates stably at room temperature without specialized cooling equipment, and results will not be significantly impacted by noise.

3. Automatic tuning mode option available

Previously, applying the Digital Annealer to combinatorial optimization problems demanded expert knowledge and hours of work in order to determine control parameters most, appropriate for the problem. Now, by incorporating technology to automatically adjust control parameters based on results observed during the computation process, Fujitsu has created an automatic tuning function. This will enable customers to get solutions without adjusting Digital Annealer control parameters themselves.

Future Plans

Going forward, Fujitsu aims to provide support for even larger scale combinatorial optimization problems of up to 1 million bits through technologies like the problem segmentation technology(1) developed by Fujitsu Laboratories, thereby contributing to new business applications in a wide variety of fields, such as drug discovery, chemistry, transportation, finance, and logistics. In addition, Fujitsu plans to expand the use of the Digital Annealer in various regions, under the lead of Fujitsu Intelligence Technology, a new company developing Fujitsu's global AI business that began operations in Vancouver, Canada, in November 2018.

Pricing and Availability
http://www.acnnewswire.com/topimg/Low_FujitsuPricingAvailability122118.jpg

Sales Target
Fujitsu aims for sales of 100 billion yen in the five years leading up to fiscal 2022.

(1) Problem segmentation technology Enables Digital Annealer technology to be applied to large-scale problems by using a method that finds the optimal solution by repeatedly extracting essential portions of the problem, based on the problem's characteristics, processing them with the Digital Annealer, and then returning the results to the overall problem. Fujitsu Technology to Solve Combinatorial Optimization Problems for Medium-Sized Drug Discovery (press release, September 18, 2018)

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 140,000 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 4.1 trillion yen (US $39 billion) for the fiscal year ended March 31, 2018.

For more information, please see www.fujitsu.com.
This release at 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

DENSO to Showcase Future of Mobility at CES 2019

$
0
0

DENSO Booth
DENSO and its startup partners will feature latest hardware and software solutions to accelerate innovation in the automotive industry

KARIYA, JAPAN, Dec 21, 2018 - (JCN Newswire) - DENSO Corporation along with some of the startup companies it's backing, will be showcasing the future of mobility through its latest technology solutions at the Consumer Electronics Show (CES) in Las Vegas, Nevada, North Hall, booth #4619, from January 8-11, 2019.

At the show, DENSO plans to feature the latest in automated driving and connected technology as part of its long-term commitment to help create the future of mobility. The technologies on display - from cybersecurity applications to cloud technology connecting vehicles to outside networks to carsharing features and more - further support the company's recent push into software-based solutions to complement its hardware expertise. They also represent the breadth and depth of technical areas DENSO is exploring and advancing to enhance safety and reduce environmental impact in the ever-changing mobility landscape.

"Automotive is at a pivotal moment in which traditional products and parts are evolving and cloud computing, artificial intelligence and V2X are the future," said Bill Foy, senior vice president, Engineering, DENSO International America. "We're excited to be attending this year's CES conference to showcase the software solutions and technologies positioned to disrupt the industry and shape the future of mobility."

At its booth, DENSO will have a simulator that enables visitors to experience the future of mobility first-hand. Some of the products and solutions on display include:

- An in-vehicle edge computer to connect the host vehicle to cloud-based services and share vehicle information
- Blockchain technology to help protect against cybersecurity threats
- Delivery services leveraging secure mobility management solutions
- Driver status monitors
- Telematics terminals for fleet management, and more.

In addition, DENSO will be joined at its booth by five of the startup companies it has backed as part of its long-term vision to accelerate innovation in electrification, automated driving, connectivity and the shared economy. The company has invested nearly $100 million in startups around the world, building a strong partner ecosystem - in and outside of automotive.

DENSO-backed partners will demo the following solutions at the company's CES booth:

- Dellfer will demonstrate a live cyberattack, generate an instantaneous alert on it in the cloud, and stop the attack from progressing further.
- Metawave will show video of its van demo occurring at CES, which highlights the company's advanced automotive radar and AI platform that classifies and distinguishes between autos, bicycles, pedestrians, and other objects at long ranges.
- Thinci will demonstrate its Graph Streaming Processor, Autonomous Driving Suite, and Plug & Code AI Platform.
- Canatu will display smart 3D shaped touch surfaces for car interiors, reducing driver distraction and the new 3D shaped heating solutions enabling autonomous driving in any weather.
- Ridecell will showcase the features of a free-floating car sharing service, showing the full lifecycle of a rental, from back-office to actual vehicle, including the ability to remotely lock and unlock a carsharing vehicle.

About Denso

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8% of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

For more information, please go to www.denso.com.
Visit our media website at www.denso.com/global/en/news/media-center/.

Contact:
Sadayoshi Yokoyama, Toshiko Watanabe DENSO CORPORATION Phone: 81-566-25-5594 Fax: 81-566-25-4509 sadayoshi_yokoyama@denso.co.jp toshiko_watanabe@denso.co.jp

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

PM Packaging Group Corporation Commences Trading on Main Board of SEHK

$
0
0

Cheng Hsien Chun, Chairman of the Board & Executive Director of Pacific Millennium Packaging Group Corporation struck the ceremonial gong, marking the Group's important milestone of listing on the Main Board of SEHK.
Cheng Hsien Chun, Chairman of the Board & Executive Director of Pacific Millennium Packaging Group Corporation (right) presented a tailor-made corrugated paper-cut painting souvenir to SEHK, demonstrating the Group's creativity in design and execution ability.
HONG KONG, Dec 21, 2018 - (ACN Newswire) - Pacific Millennium Packaging Group Corporation ("PM Packaging" or the "Group"), a leading corrugated packaging supplier in the PRC, has commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") today, with 1820 as the stock code.

Photo1:
https://www.acnnewswire.com/topimg/Low_PMPGC20181221-1.jpg
Cheng Hsien Chun, Chairman of the Board & Executive Director of Pacific Millennium Packaging Group Corporation struck the ceremonial gong, marking the Group's important milestone of listing on the Main Board of SEHK.

Photo2:
https://www.acnnewswire.com/topimg/Low_PMPGC20181221-2.jpg
Cheng Hsien Chun, Chairman of the Board & Executive Director of Pacific Millennium Packaging Group Corporation (right) presented a tailor-made corrugated paper-cut painting souvenir to SEHK, demonstrating the Group's creativity in design and execution ability.

Photo3:
https://www.acnnewswire.com/topimg/Low_PMPGC20181221-3.jpg
(From left to right)
Company Name / Title / Name
1. HKEX Managing Director Ms.Lin Shi
2. SPDB International Capital Limited Managing Director - Investment Banking Ms. Mabel Lam
3. Pacific Millennium Packaging Group Corporation Corporate Human Resources and Administration Director Mr. Jiang Xiaogang
4. Pacific Millennium Packaging Group Corporation Corporate Technical Director Mr. Lan Tsung Hsien
5. SPDB International Capital Limited Chief Marketing Officer - Investment Banking Ms. Doris Liu
6. Shanying Investment Management Co., Ltd General Manager Mr. Tommy Liu
7. Pacific Millennium Packaging Group Corporation Independent Non-executive Director Mr. Wang Jisheng
8. Pacific Millennium Packaging Group Corporation Independent Non-executive Director Mr. Su Morley Chung Wu
9. Pacific Millennium Packaging Group Corporation Chairman of the Board & Executive Director Mr. Cheng Hsien Chun
10. HKEX Listing Committee Member Ms. Catherine Yien
11. Pacific Millennium Packaging Group Corporation Independent Non-executive Director Mr. Kiang Tien Sik
12. Pacific Millennium Packaging Group Corporation Non-Executive Director Mr. Chow TienLi
13. Mega Capital Inc. Representative Mr. Moot Fat Chan
14. Pacific Millennium Holding Corporation Investment Project Director Ms. Vivyan Fu
15. Nine Dragons Paper (Holdings) Limited Deputy Chief Financial Officer Mr. Ricky Chu
16. Pacific Millennium Packaging Group Corporation Corporate Controller Ms. Long Yanping
17. Pacific Millennium Packaging Group Corporation Representative of Controlling Shareholders Mr. Vincent Tsai
18. HKEX Head of Events Management Ms. Bonnie Chan

About Pacific Millennium Packaging Group Corporation
Established in 1994, Pacific Millennium Packaging Group Corporation is principally engaged in the manufacturing and sale of corrugated packaging products and corrugated sheet boards in the PRC. The Group is the second largest corrugated packaging product manufacturer in both the Yangtze River Delta Region and Bohai Rim Region of China and is ranked seventh amongst the corrugated packaging product manufacturers in the PRC*. PM Packaging operates eleven production plants located in northern, north-eastern, eastern and southern regions of the PRC. With stable and long term customer relationships, the Group has developed a diversified customer base with the majority of its clients being leading players in their respective industries.

*In terms of revenue in 2017 according to Frost & Sullivan

Media enquiries
Strategic Financial Relations Limited
Mandy Go Tel: (852) 2864 4812 Email: mandy.go@sprg.com.hk
Patty Yeung Tel: (852) 2114 4990 Email: patty.yeung@sprg.com.hk
Alice Yip Tel: (852) 2864 4862 Email: alice.yip@sprg.com.hk
Fax: (852) 2527 1196


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

Mitsubishi Aircraft Corporation Receives Type Inspection Authorization

$
0
0

Program milestone begins final phase of Type Certification for Japan's first commercial jet

TOKYO, Dec 21, 2018 - (JCN Newswire) - Mitsubishi Aircraft Corporation announced today that it has received Type Inspection Authorization (TIA) from the Japanese Civil Aviation Bureau (JCAB) for the company's Mitsubishi Regional Jet (MRJ) program.

This authorization allows Mitsubishi Aircraft to begin certification flight tests for its MRJ 90, the industry's only clean sheet design, regional jet and the first commercial jet from Japan. The MRJ program currently has a fleet of flight test aircraft at its flight test center in Moses Lake, Washington, USA, and expects to begin certification flight testing early in 2019.

"Throughout our program we have worked very closely with the JCAB to develop a well-defined set of processes, procedures and expectations that will take us to the type certification of our MRJ90," said Hisakazu Mizutani, Mitsubishi Aircraft Corporation president. "It has been a long, but necessary journey for the development of our MRJ program and for the commercial aviation industry in Japan."

According to Andrew Telesca, head of Mitsubishi Aircraft Corporation's Certification Management Office, because of the unique situation of the commercial aviation industry in Japan, the path to receive this authorization has been unlike any other in the world.

"With little precedence for a program of this type in Japan the teams have worked together tirelessly to establish a flight test compliance system from the ground up. I am proud of the substantial efforts made by the JCAB and MITAC teams to achieve this critical milestone. While much work remains to reach Type Certification, we're excited to have completed a key demonstration of the safety and maturity of the MRJ program and look forward to working closely with the JCAB during this critical final program phase," explains Telesca.

Telesca also mentioned that the program is undergoing a Federal Aviation Administration (FAA) safety review to support the FAA's Letter of Authorization, which he expects prior to the start of certification flight testing.

For more information about the Mitsubishi Aircraft Corporation or the MRJ program, please visit www.flythemrj.com.

About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial firms. For more than 130 years, we have channeled big thinking into solutions that move the world forward - advancing the lives of everyone who shares our planet. We deliver innovative and integrated solutions across a wide range of industries, covering land, sea, sky and even space. MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space." We have a consolidated revenue of around 40 billion U.S. Dollars. We aim to contribute to environmental sustainability while achieving global growth, using our leading-edge technologies. By bringing people and ideas together as one, we continue to pave the way to a future of shared success.

For more information, please visit MHI's website: https://www.mhi.com
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: https://spectra.mhi.com

Contact:
Corporate Communication Department Mitsubishi Heavy Industries, Ltd. Email: mediacontact_global@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

How to get the most fuel out of microalgae?

$
0
0

Researchers are investigating ways to improve lipid extraction from microalgae to make biofuels. (Copyright: 123rf/Akhararat Wathanasing)
Direct electrolysis has mixed results for extracting fuel sources from microalgae.

Selangor, Malaysia, Dec 21, 2018 - (ACN Newswire) - Researchers are investigating ways to improve biodiesel production by using electrical fields to break open microalgae cells, with varied results, according to a new study in the Pertanika Journal of Science & Technology.

Lipids inside microalgae are a promising source of biofuel. Microalgae cells must first be broken apart in order to extract the lipids. Conventional technologies are energy intensive and time consuming, so a group of researchers from Universiti Malaysia Sabah investigated a novel method using direct electrolysis.

During electrolysis, cells are disrupted when electric field forces overcome the interactions which hold membranes together, resulting in the formation of pores in the cell membrane. In this study, the researchers passed the microalga Chlorella sp. through electric fields of different strengths generated by two stainless steel electrodes. Electrolyzed cells were subsequently freeze-dried and treated with solvents to extract lipids.

The amount of lipids extracted from cells that passed through low electric fields was the same as cells that did not go through electrolysis. In contrast, at high electric fields, 11% to 13% fewer lipids were extracted from electrolyzed cells than the untreated cells. The researchers hypothesized that the lipids may have been lost through oxidation during electrolysis.

The researchers also investigated if solvents are required for lipid extraction of electrolyzed cells. Their analysis found that lipids were present only in the solvent extract, indicating that lipids cannot be extracted by electrolysis alone.

Methyl palmitate - a fatty acid preferred for use in biodiesel engines, and methyl linolenate were the major components in the extracted lipid, with no significant difference in methyl palmitate concentration of electrolyzed and untreated samples. The researchers also observed that no intact cells remained after electrolysis. The findings indicate that while the direct electrolysis treatment was effective at disrupting microalgal cells, it did not significantly enhance lipid extraction efficiency.

For the method to achieve the higher lipid yields reported in literature and be feasible for microalgal lipid extraction in biodiesel production, parameters such as field strength and solvent type should be optimized. Further investigation into the effect of oxidation on lipid loss is also required.

For more information about this research, please contact:

Assoc. Prof. Dr Rachel Fran Mansa
Head of Energy and Materials Research Group
Materials and Minerals Research Unit
The Faculty of Engineering
Universiti Malaysia Sabah
Jalan UMS, 88400, Kota Kinabalu
Sabah, Malaysia
Email: rfmansa@ums.edu.my
Tel: +6088 320 000 Ext 1543

About Pertanika Journal of Science & Technology (JST)

Pertanika Journal of Science & Technology (JST) is published by Universiti Putra Malaysia in English and is open to authors around the world regardless of nationality. Currently, it is published four times a year in January, April, July and October. Other Pertanika series include Pertanika Journal of Tropical Agricultural Science (JTAS), and Pertanika Journal of Social Sciences & Humanities (JSSH).

Pertanika Journal of Science & Technology aims to provide a forum for high quality research related to science and engineering research. Areas relevant to the scope of the journal include: bioinformatics, bioscience, biotechnology and bio-molecular sciences, chemistry, computer science, ecology, engineering, engineering design, environmental control and management, mathematics and statistics, medicine and health sciences, nanotechnology, physics, safety and emergency management, and related fields of study. Visit: http://www.pertanika.upm.edu.my/

The paper is available from this link: https://bit.ly/2QwrBMs

For more information about the journal, contact:

The Chief Executive Editor (UPM Journals)
Pertanika Journal
Office of the Deputy Vice Chancellor (R&I)
Tower II, UPM-MDTC, Putra Science Park
Universiti Putra Malaysia
43400 Serdang, Selangor Darul Ehsan
MALAYSIA
Phone: +603 8947 1622
Email: executive_editor.pertanika@upm.my

Press release distributed by ResearchSEA for Pertanika Journal.

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

MHPS Announces its 2018 "Best Partner Awards"

$
0
0

Mitsui Miike Machinery Co., Ltd.
Howmet Japan Co., Ltd.
ASAHI KOHSAN CORPORATION
- Certificates presented to suppliers that made especially noteworthy contributions to MHPS' business operations in 2018
- Four recipients: AZAD (India), Mitsui Miike Machinery, ASAHI KOHSAN, Howmet Japan

YOKOHAMA, Japan, Dec 20, 2018 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has presented certificates of appreciation to four companies that, among its many suppliers, made especially noteworthy contributions to its business operations during 2018.

The companies receiving the 2018 "MHPS Best Partner Awards" were as follows:

- AZAD ENGINEERING PVT LIMITED (Hyderabad, India)
Awarded in recognition of the company's continuous contributions to reducing the price of steam turbine blades and expanding the lineup of items for use in gas turbine compressors blades

- Mitsui Miike Machinery Co., Ltd. (Tokyo, Japan)
Awarded for its proactive initiatives enabling significantly shorter delivery period for coal and biomass handling machinery

- ASAHI KOHSAN CORPORATION (Tokyo, Japan)
Awarded for securing outstanding quality, work processing, and project completion in absorption tower lining

- Howmet Japan Co., Ltd. (Nomi, Ishikawa, Japan)
Awarded in recognition of the company's contribution to enhancing MHPS' competitive strength by completing development of precision-molded blades for the M501JAC gas turbine

Going forward, MHPS will continue to work closely with all business suppliers in a quest for ongoing improvements in quality, delivery speed, and cost in the areas of thermal power generation and environmental technologies, for continuous improvement of its customer services.

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:
Corporate Communication Department Mitsubishi Heavy Industries, Ltd. Email: mediacontact_global@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
Viewing all 17121 articles
Browse latest View live




Latest Images