TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has presented its "Best Innovation 2022" awards to 20 products, technologies and services related to its business activities and growth strategies that contribute to the preservation and protection of the global environment and mitigation of environmental impacts, thereby contributing to realization of a carbon neutral society. Through this in-house program, the Company aims to raise environmental awareness and encourage further innovation among its Groupwide employees.Of this year's 20 award-winning recipients, here we introduce 10 innovations related to the Company's strategic growth areas that will contribute to reduction of environmental impacts.Specialized safety facility for nuclear power plantsMitsubishi Heavy Industries, Ltd., Nuclear Energy SystemsMHI safely completed the design, manufacture, inspection, on-site construction and trial operation of a specialized safety facility (SSF) for nuclear power plants (NPPs), in response to calls for their installation under what are said to be the world's most stringent new regulatory standards. From formulation of the basic concept through to facility construction, MHI quickly completed the SSF for a pressurized water reactor (PWR) NPP, and based on its performance results and the acquired expertise, the Company have proactively been also working on an SSF for a boiling water reactor (BWR) NPP. As Japan's first facility specifically targeting backup safety and anti-terrorist protection, SSFs will further improve the safety and reliability of NPPs. The development project also demonstrated the outstanding level of MHI Group's comprehensive engineering capabilities.Compact CO2 capture system enabling easy transport and installationMitsubishi Heavy Industries Engineering, Ltd., Decarbonization Business DepartmentMHIENG developed a compact CO2 capture system to contribute to carbon neutrality for small to medium scale industrial emitters by applying the Company's proprietary "KM CDR Process" (jointly developed with The Kansai Electric Power Co., Inc.), which has been applied to large-scale facilities such as power generation systems, chemical plants, etc. Standardized modular design enables lower cost and shorter lead time as compared to conventional approach, and it also provides easy transportation and installation in locations with limited space. These enhancements have expanded the range of applications of "KM CDR Process" and exemplified by the system's adoption in the first commercial operation at a biomass-fired power plant. Demonstration testing has already been conducted at a waste incineration facility (waste-to-energy plant), a cement plant and gas engine application. Today the lineup is being expanded and a fully integrated customer support system is under development that will encompass new services such as automated operation and remote monitoring and after sales servicing. The new compact CO2 capture system has been named "CO2MPACT" (trademark registration pending), and with the name MHIENG will aim for a stronger market presence worldwide.TPQC, a system that automatically optimizes the entire production process of steel productsPrimetals TechnologiesPrimetals Technologies has introduced and commercialized the "Through-Process Quality Control System," (TPQC) - an IT solution that comprehensively optimizes the entire production process of steel by recording high-resolution data and by providing the centralized collection of quality, process and equipment related data. Also, TPQC enables steel producers to to reduce losses from quality deterioration caused by production process deviations, and contributes to energy savings and the reduction of carbon emissions. In addition, TPQC can partially compensate the lack of qualified personnel in steel production by digitizing and applying production know-how.EVOL, ultra-high-speed box making machines enabling twin box cuttingMitsubishi Heavy Industries Machinery Systems, Ltd., Printing & Packaging Machinery HeadquartersPerformance of the EVOL, MHI-MS's best-selling corrugated box making machines, has been newly optimized with the addition of two peripheral systems: a dual slotter unit (DSL) and prefeeder (MPF). Conventionally, one corrugated sheet is used to make one box; but with the DSL, two boxes can be made from a single sheet, thereby doubling production capacity. The MPF enables automated stable paper feeding to the EVOL at high speed. With the earlier EVOL, from 400 sheets a maximum of 400 boxes per minute can be printed, slotted, creased, pasted and folded, generating stacks of 20 to 25 boxes per operation. But with an EVOL equipped with the DSL, the same 400 sheets can yield up to 800 boxes per minute. With the synergy derived from a high-reliability after sales servicing system, the newly enhanced EVOL has already garnered strong support from users in North America and around the world.Video introducing the EVOL: https://youtu.be/j7eWsLbzIoEReduction of carbon emissions through provision of large-capacity centrifugal chillers for high-efficiency district coolingMitsubishi Heavy Industries Thermal Systems, Ltd., Chiller & Heat Pump Engineering DepartmentMHI Thermal Systems has commercialized high-efficiency, large-capacity parallel (i.e., featuring dual compressors) centrifugal chillers that consume minimal energy and are adaptable to lower environmentally impact refrigerants. As the global strategic product for the centrifugal chiller business, to date approximately 70 parallel type centrifugal chillers have been delivered mainly for the district cooling plant and semiconductor factory in the Middle East, Singapore, Korea and Japan. Their outstanding quality and high reliability have contributed significantly to enhance market recognition of MHI Thermal Systems in the global market. In addition, they also have contributed to reduce the carbon emissions substantially along with environmental protection by the adoption of lower environmentally impact refrigerants and higher energy efficiency characteristic compared to the conventional machine.Reusing processed waste material from the composite aircraft wing in household applicationMitsubishi Heavy Industries, Ltd., Commercial Aviation SystemsWaste materials from composite wings produced for Boeing's 787 mid-size aircraft is being reused in household application. Carbon fiber waste material generated during the wing production process is commercially repurposed for use in the pipes and handles of the "iNSTIK ZUBAQ," a cordless stick cleaner produced by Mitsubishi Electric Corporation. The move has put MHI in the lead in building a supply chain that includes reuse of difficult-to-recycle carbon fiber waste material in a mass-manufactured product. Effective use of resources has contributed to mitigation of environmental impact and protection of the global environment, thereby enhancing the Company's corporate image.Large frame gas turbine combustion technology enabling 20% hydrogen fuel blending operationMitsubishi Heavy Industries, Ltd., Energy SystemsMHI has successfully demonstrated world's largest hydrogen fuel blending operation in a high-efficiency large frame GTCC (gas turbine combined cycle) under both partial and full load conditions. The achievement was made based on the Company's accumulated experience and technology developments in hydrogen combustion, and the technology was applied in M501G GTCC power generation plant in use in the United States. The demonstration proved a combustion stability with use of a 20% hydrogen fuel blend. With hydrogen-blended combustion using a dry low NOx combustor, a turbine inlet temperature equivalent to natural gas firing was maintained, and hydrogen firing successfully kept emissions within the compliant range. What's more, while keeping emissions regulations, ability to lower the minimal operational load was also confirmed. This was the largest-scale test ever of hydrogen-blended fuel in a large frame GTCC, and it marked a major step toward achieving practical use of a hydrogen gas turbine.Combustion system and control technology enabling high-efficiency incineration and volume reduction of diverse waste materialsMitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd., Engineering DivisionMHIEC developed a V-shaped stoker type waste incinerator enabling low ignition loss (ratio of the unburnt content in the bottom ash), further optimizing the drying and combustion processes of the stoker type incinerators used in waste-to-energy plants. In order for the surface of the stoker grates to be directed at the center of the flame during all processes - drying, combustion and post-combustion - the incinerator is designed in "V-shaped" that leads to stable incineration as well as to reduce the volume of waste materials of diverse water content and other properties and states. The result is reduced ignition loss and increased incineration capacity per unit area of the stoker. In addition to greater combustion performance, the proprietary V-shaped structure simultaneously enables a more compact unit.Structural optimization technology enabling quiet automotive double scroll turbochargersMitsubishi Heavy Industries, Ltd., Research & Innovation CenterMHI has achieved low noise in automotive double scroll turbochargers by aerodynamic, vibration and other technologies. Noise is an issue of critical importance, and its resolution is expected to attract large-scale orders in the European market. Achieving low noise and low fuel consumption by high turbine performance was made possible by pursuing the optimized shape of the turbine blade's leading edge and optimal number of blades to minimize noise when installed in the customer's automotive engines. Noise reduction level was -13dB while maintaining aerodynamic performance. The low-noise concept is also applicable for reducing the aerodynamic noise of other turbomachines.Advanced light water reactor "SRZ-1200," contributing to realization of a carbon neutral society and enhancement of energy securityMitsubishi Heavy Industries, Ltd., Nuclear Energy SystemsMHI, in collaboration with four Japanese utilities employing pressurized water reactors (PWRs)*, is developing the conceptual design of an advanced light water reactor, the "SRZ-1200." The SRZ-1200 achieves the world's highest level of safety through incorporation of new safety mechanisms, including a core catcher - the world's newest technology for molten core materials of a nuclear reactor - and MHI's proprietary system to prevent emissions of radioactive materials. These and other innovations came on the back of the Company's accumulated technologies and expertise in the construction and maintenance of all 24 PWRs in Japan. Through proactive publicity - including press releases, promotional videos, etc. - MHI broadly conveys its specific initiatives and outstanding technological capabilities in the nuclear energy business, toward realizing a carbon neutral society and enhancing energy security, and these activities have contributed solidly to enhancement of MHI Group's public image.*Hokkaido Electric Power Co., Inc.; The Kansai Electric Power Co., Inc.; Shikoku Electric Power Co., Inc.; Kyushu Electric Power Co., Inc.The "Best Innovation" program has been held annually since 2003 to recognize innovative new products, services, technologies, businesses and environmental activities within MHI Group, and going forward the Company will continue to pursue further technological innovations. By providing the world with outstanding products and technologies, MHI Group looks to simultaneously contribute to realization of a sustainable society and to enhance its corporate value through the long term.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Dec 26, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) announced today that the two companies have reached a basic agreement to establish a joint venture to integrate their businesses in fields focused on power generator systems.It is expected that Mitsubishi Electric will be the majority shareholder and Mitsubishi Heavy Industries will be the minority shareholder of the new company.Climate change caused by global warming has emerged as a common issue worldwide, and efforts to achieve carbon-neutrality, which would reduce greenhouse gas emissions to net zero, are accelerating around the world.Electricity demand is expected to increase due to economic growth mainly in emerging countries and awareness of energy security, and energy transitions has increased. In the future, existing thermal power generation will decarbonize its systems with fuel conversion to hydrogen, ammonia, and other carbon-free fuels.Large-scale power plants that have supported the power infrastructure so far will play an important role as a force to adjust for the increase in variable renewable energy sources, whose power generation is affected by weather and other factors.Considering this market environment, Mitsubishi Electric and Mitsubishi Heavy Industries have reached this basic agreement to strengthen their market competitiveness further by integrating their respective businesses and combining their respective technologies and assets. This business integration will create a stronger partnership than ever before and expand the two companies' power generator systems on a global scale, thereby contributing to the realization of a carbon-neutral society.An overview of this business integration is described in the Appendix. Further details will be announced as they become available.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
Mitsubishi Heavy Industries Power Environmental Solutions Develops New Ionic Wind Type Electrode ESP
TOKYO, Nov 25, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Power Environmental Solutions, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has developed a revolutionary new type of electrostatic precipitator (ESP), the Ionic Wind Type Electrode ESP utilizing an entirely new dust collection principle and electrode configuration. ESPs are one of the company's mainstay products, and are widely used in many types of industries. Compared to a conventional ESP, this new model is expected to provide considerably improved performance, while also allowing for space savings, cost reductions, and shorter construction work periods.In conventional ESPs, including competing products, when the ionic wind that flows from the discharge electrodes to the collecting electrodes strikes the collecting electrode plate, a backflow occurs that hinders the dust collection efficiency. The performance of an ESP is evaluated, and its size determined in consideration of the re-entrainment of the collected dust resulting from this "backflow of ionic wind." This new model of ESP developed by Mitsubishi Heavy Industries Power Environmental Solutions uses a combination of a novel non-plate type collecting electrode with openings and optimal discharge electrode that inhibits the occurrence of backflow of ionic wind, resulting in a significant improvement in dust collection efficiency. Development of this new system began seven years ago, with its performance and durability verified by two years of demonstrated operation in an actual plant environment.The significant improvement in dust collection efficiency allows this new model of ESP to be smaller than conventional systems, providing space savings and allowing it to be installed within confined spaces where installation of conventional units is difficult. The casings of existing conventional ESPs can also be used as is, allowing for renovation of some or all of the internal electrodes with Ionic Wind Type Electrodes to improve performance (reduction in outlet dust concentration) for existing conventional ESPs. In cases where improvement in ESP performance is unnecessary, replacement of only a portion of degraded conventional electrodes with Ionic Wind Type Electrodes will reduce the amount of material for the renewed portion while maintaining the same level of performance, providing lower costs and shorter construction work periods.Mitsubishi Heavy Industries Power Environmental Solutions is a wholly owned subsidiary of MHI, offering a broad range of dust collecting equipment for thermal power generation and all types of industrial plants. With the anticipated increase in demand for renovation and replacement of aging environmental systems, the launch of this new model of ESP will allow Mitsubishi Heavy Industries Power Environmental Solutions to offer optimal proposals that more precisely meet customer needs, while contributing to reduced environmental loads and lower costs.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Oct 6, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Machinery Systems (MHI-MS), a Mitsubishi Heavy Industries (MHI) Group company, has developed and successfully tested proof of concept of a Vehicle-to-Everything (V2X) system(1). The development program was carried out in collaboration with Mitsubishi Heavy Industries Asia Pacific (MHI-AP) and Nanyang Technological University, Singapore (NTU Singapore). The proof of concept was implemented on the NTU Singapore's Smart Campus from May to August 2022, and utilized NTU's Roadside Unit (RSU) and MHI-MS's multi-use in-vehicle device (onboard device, or OBD) to confirm vehicle tracking and activation of alarms from the RSU.COSMO program provides a comprehensive suite of technologies, solutions, and best-of-breed V2X mobility use casesCorrelation Diagram of Eight Work Packages on COSMO Program - This development program was under the WP8Under the development program, software related to MHI-MS's OBD wireless communication (dedicated short-range communication, or DSRC(2)) were developed to support V2X. By utilizing the same hardware, tolling and V2X communication applications can be operated simultaneously, enabling monitoring of traffic flow in real time. In time, the newly developed system will also support advanced traffic management such as giving priority to emergency vehicles and city bus, and safe driving such as timely distribution of traffic information to each vehicle. These improvements will both enhance motorist satisfaction and contribute to the creation of safe and smooth vehicle traffic infrastructure.The development program is conducted under the Connected Smart Mobility (COSMO) program(3), a national initiative hosted by NTU Singapore to develop next generation connected mobility technologies and solutions and to establish Singapore as a global hub for V2X research and commercialization. MHI-MS is also part of the COSMO consortium, which convenes leading industry partners, research organizations and public stakeholders to facilitate knowledge sharing, establish partnerships and pooling of resources to develop Intelligent Transport Systems (ITS) that make road traffic safer and more efficient for motorists.Going forward, MHI-MS will further dedicate its resources to V2X research and development of advanced ITS to provide optimal solutions for traffic and environmental issues around the globe.(1) V2X is a generic term for forms of communication between vehicles and various things (pedestrians, infrastructure, networks, etc.).(2) DSRC is a wireless communication method used in ITS. It is used for narrow range communication such as between roadside unit and onboard device.(3) The COSMO program was launched in November 2019. It aims to create safer and more efficient intelligent transportation systems through the formation of partnerships and sharing of information. The program is supported by Singapore's Agency for Science, Technology and Research (A*STAR) under its RIE2020 Advanced Manufacturing and Engineering (AME) Industry Alignment Fund - Pre Positioning (IAF-PP) (Grant No. A19D6a0053).About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
Singapore, Aug 22, 2022 - (JCN Newswire via SEAPRWire.com) - Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, and JERA Asia, a subsidiary of JERA, today concluded a Memorandum of Understanding (MoU) to jointly explore establishing a 100% ammonia direct combustion power plant on Jurong Island, Singapore, which houses the country's chemical and energy industries.Under the MoU, a joint study will be conducted, where a 60MW class gas turbine combined cycle plant fueled by 100% ammonia is planned to be set up to produce carbon-neutral electricity, as well as stimulate ammonia demand to be ready for ammonia bunkering in future.This MoU builds upon an initial agreement between Jurong Port and MHI-AP signed in August 2021 for a pre-feasibility study on ammonia direct combustion technology for green power generation, which was concluded successfully in March 2022.In February this year, the Singapore government raised its climate ambition to achieve net-zero CO2 emissions by or around 2050. This project is in alignment with the overall national decarbonization goals, as it aims to utilize ammonia - which can efficiently transport and store hydrogen in a liquid state at low cost - as a fuel to generate carbon-free electricity, and as the main bunkering fuel in future to decarbonize the maritime sector. The MoU will hence explore the viability and commercialization of ammonia for these purposes."We feel this MoU could help pave the way for encouraging the adoption of hydrogen in Singapore through aggregation of demand across multiple sectors, mainly the power sector and the maritime sector, thereby addressing the chicken-and-egg conundrum of infrastructure versus demand needs for maritime and domestic power generation. This collaboration is certainly consistent with the spirit of reinforcing Singapore's premier bunkering hub status - for current, transition and future fuels," said Ooi Boon Hoe, Chief Executive Officer, Jurong Port.Osamu Ono, Managing Director, MHI-AP, said: "Ammonia, which consists of hydrogen and nitrogen, is a highly efficient hydrogen carrier and can be directly combusted as a carbon neutral fuel, thereby contributing to the establishment of a robust hydrogen value chain. At MHI, we believe that ammonia and hydrogen are key fuels that can help countries meet their net zero goals, and this MoU is an exciting opportunity for us to contribute our technology and expertise to achieve sustainable development in Singapore and subsequently realize the global sustainability agenda.""JERA is committed to providing cutting edge solutions to the world's energy issues and is actively working to strengthen both the ammonia and hydrogen value chains. We believe this MoU offers a unique opportunity to support Singapore's decarbonization efforts while advancing the ammonia technology development for carbon neutral power generation. Through initiatives like this, JERA will leverage its experience and capabilities to help countries to reach their net-zero CO2 emissions targets and to build a clean energy supply chain in the region," said Toshiro Kudama, Chief Executive Officer, JERA Asia.Together, the three companies will contribute to achieving net-zero CO2 emissions in Singapore by leveraging their technology, resources and expertise.About Jurong PortJurong Port (JP) is a world-class multipurpose port operator serving as Singapore's premier gateway for general and bulk cargo. Its port operating expertise includes efficient handling of general, bulk, and containerised cargo at JP Homeport, management and operations of the Tuas Offshore Marine Centre, Lighter Terminals in Penjuru and Marina South as well as overseas ports in China and Indonesia. JP also owns and operates two of the most modern tank storage terminals in Singapore - Jurong Port Tank Terminals (JPTT) and Jurong Port Universal Terminal (JPUT). With a combined storage capacity of almost 3 million m3, JP is the largest independent storage terminal operator in Singapore. JPUT, in particular, supports approximately 30% of Singapore's annual bunkering volume, reinforcing the nation's position as the top bunkering hub in the world. JP caters to regional and domestic markets across diverse industry supply chains which include construction, shipbuilding, offshore, transport, logistics, energy, and manufacturing industries. JP's local and overseas terminals handled a total of 70 million tons of general and bulk cargo and more than half a million TEUs in 2021. Amongst others, JP won the Lloyd's List Asia Pacific Port/ Terminal Operator of the Year Award in 2018 and the National Infocomm Award for Most Innovative Use of Infocomm Technology (Private Sector) in 2016.For more information, please visit www.jp.com.sg or follow us on Facebook and Linkedin.About Mitsubishi Heavy Industries Asia Pacific (MHI-AP)Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) is a subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), one of the world's leading industrial firms. Located in Singapore, the Asia Pacific headquarters supports the growth of markets in Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Myanmar, India, Australia and other parts of the region. MHI-AP builds on its global outlook and deep local insights to deliver integrated solutions to the region in urban development and infrastructure, energy and utilities, as well as logistics and transportation. As a market leader in Asia Pacific, MHI-AP provides reliable and innovative solutions that move the world forward.For more information, visit www.mhi.com/.About JERAEstablished in 2015, JERA is an equal joint venture of two major Japanese electric companies, TEPCO Fuel & Power Incorporated and Chubu Electric Power Company. JERA is an energy company with global reach that has strength in the entire energy supply chain, from participation in LNG upstream projects and fuel procurement, through fuel transportation to power generation. JERA's mission is to provide cutting edge solutions to the world's energy issues, by offering energy supply models established in Japan through JERA's global operations to other countries. JERA has recently established its New Corporate Vision for 2035, indicating its goal "To scale up its clean energy platform of renewables and low greenhouse gas thermal power, sparking sustainable development in Asia and around the world". With this context, JERA is interested in the development of the ammonia value chain in Singapore and the overall strategic vision towards sustainable development in Asia and around the world.For more details: https://www.jera.co.jp/english/About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Jun 22, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of Mitsubishi Heavy Industries (MHI) Group, announces that its subsidiary in India, Mitsubishi Heavy Industries-VST Diesel Engines Pvt. Ltd. (MVDE)*, has achieved a cumulative production of 200,000 units of industrial-use, small diesel engines. This achievement was made possible by the acknowledgement of the engine's durability in harsh environments and the manufacturing quality originated in Japan, as well as the high demand for engines to be used in industrial applications including agricultural equipment and generators.MVDE is a subsidiary of MHIET, established in 2007 as a joint venture with V.S.T. Tillers Tractors Ltd. (VTTL), a local agricultural machinery manufacturer. MHIET holds a 96.8% stake in the company, and VTTL 3.2%. MVDE's diesel engines are trusted by OEMs of agricultural machines, generators and other equipment around the world and reached a cumulative production total of 100,000 units in 2018. OEMs in India have been focusing not only on the domestic market, but also Europe and other markets, resulting in a steady increase in the sales of MVDE engines.Taking advantage of the momentum from reaching this milestone, MHIET and MVDE strengthen the sales, procurement, manufacturing and aftersales service further to respond to the growing demand in the Indian market and other markets by utilizing its global network.*For more information on MVDE, visit https://www.mhi.com/group/mvde/ Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, May 18, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Machinery Systems, Ltd. (MHI-MS), a Mitsubishi Heavy Industries Group company, today announced the brand-new "MC" Flexo Folder Gluer, a new lineup broadening its portfolio of box making machines. The "MC" has been developed to deliver superior Japanese quality to a broader range of customers. Succeeding the performance of EVOL, a flagship machine with nearly 600 sold worldwide, the "MC" achieves a shorter total length by integrating a newly designed printing unit. Besides enabling box plants with limited space to install the machine, the new design allows operators the ability to change printing dyes without using the stairs with which conventional printing units are equipped.The new "MC" Flexo Folder GluerWith its new features and sophisticated technology, gained through a legacy spanning more than 50 years, the "MC" ensures high productivity and stable production at top speed, maximizing the chance of plant operators.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, May 11, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a Mitsubishi Heavy Industries Group company, has newly established a branch office in western Canada to conduct business relating to decarbonization. Located in Calgary in the province of Alberta, the Mitsubishi Heavy Industries Engineering Calgary Branch Office will enhance the company's presence in the region by performing timely operations to introduce its carbon capture technologies, a field in which MHIENG holds a top global market share. Establishment of the new branch office is part of MHI Group's energy transition program integrating its comprehensive expertise in carbon capture.Canada is highly proactive in pursuing environmental protection and is a promising market for Carbon dioxide Capture, Utilization and Storage (CCUS) advancement. In 2019, the country introduced a federal carbon tax, with plans calling for progressive tax increases through 2030. Further, multiple subsidy programs have been launched on the provincial level to support CCUS projects. Numerous potential projects are currently being studied across the country, namely Alberta and Saskatchewan province, concurrently with development of CCUS infrastructure including transportation and storage.MHIENG's new branch office in Canada will further enable MHI Group to respond swiftly to local market trends and customer needs. MHI Group also bolsters the sales capabilities of the other regional departments that are in charge of advancing the decarbonization business in the US (MHIA) and Europe (Decarbonization Business Department, MHI-EMEA, established July 2021).MHI Group is currently strengthening its position in the Energy Transition, and the development of a CO2 solutions ecosystem is a core component of that initiative. CCUS is garnering attention as an effective means for realizing a carbon neutral society.Supporting the group's strategy on the Energy Transition, MHIENG, as a leading company in the decarbonization area, will continue to help achieve wide-scale greenhouse gas emission reduction by introducing its high-performance CO2 capture technology globally. It will also press ahead in developing new proprietary technologies to contribute to global environment protection.For further information on MHIENG's decarbonization products, visit:https://www.mhi.com/products/engineering/co2plants.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Feb 22, 2022 - (JCN Newswire via SEAPRWire.com) - Crystal Mover Services, Inc. (CMSI), a member of Mitsubishi Heavy Industries (MHI) Group based in Miami, Florida, that is engaged in operation and maintenance (O&M) of automated people mover (APM)(Note) systems for U.S. airports, has successfully renewed a contract with the Miami-Dade Aviation Department (MDAD) for O&M of the "Skytrain" APM serving the North Terminal (Concourse D) at Miami International Airport (MIA). The contract covers a 5-year period commencing January 2022, with an option extendable up to a further 5 years. This new contract also covers the renewal of signal and other equipment of the APM systems, and for the manufacture and supply of two additional vehicles(4-cars).Miami International Airport APMMHI Group, jointly with Sumitomo Corporation, won the original order to construct the Skytrain, which links four stations over a distance of roughly 1.1km, in 1999. CMSI has provided O&M services since the line went into operation in September 2010, achieving a safe and reliable transportation system with a high operating ratio. Currently ten 2-car trainsets are in operation, and with the newly ordered vehicles the APM's transportation capacity will be enhanced further. Their manufacture will be undertaken at the Mihara Machinery Works of Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG).CMSI was jointly established in January 2009 by Mitsubishi Heavy Industries America, Inc., which oversees MHI's business operations in the U.S., and Sumitomo Corporation. Since its founding CMSI has performed O&M of all APM systems delivered by MHI Group to international airports in Miami, Washington Dulles, Atlanta, Orlando and Tampa. In this way, the Company is making significant contributions to the safe and stable operation of the transportation systems serving these important hubs.Going forward, MHI Group will continue to work closely with its service bases around the world to provide solutions of high added value responding to customer needs, including equipment renewals and provision of new services incorporating digital and AI technologies. Through delivery of the electrically driven APM systems, which are clean transportation systems, the Company will provide solutions that promote economic development around the world and address regional issues including improvement of transportation convenience.APM systems are used worldwide to connect air terminals or function as transportation systems that serve areas near airports.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Nov 24, 2021 - (JCN Newswire via SEAPRWire.com) - A consortium led by Mitsubishi Heavy Industries, Ltd. (MHI)(1) has completed construction of an integrated coal gasification combined cycle (IGCC) plant in the town of Hirono, in Fukushima Prefecture's Futaba District, and the new plant was formally handed over to the customer, Hirono IGCC Power GK. Operation of the new facility, which is a high-efficiency, clean commercial power plant incorporating the world's most advanced coal gasification technologies, got underway on November 19. The project called for creation of one of the world's largest IGCC configurations, roughly twice the scale of the previously completed Nakoso Unit 10 (former IGCC demonstration plant). The new facility is the second IGCC plant of such large scale in commercial use, following the installation constructed for Nakoso IGCC Power GK that went into operation in Fukushima Prefecture's Iwaki City this past April.The Hirono project was completed with integration of next-generation thermal power generation technologies from MHI - including Mitsubishi Power - and three Group companies. Mitsubishi Power, a power solutions brand of MHI, manufactured the core air-blown IGCC system, including the coal gasification furnace; Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG) was in charge of the gas refining equipment; Mitsubishi Electric Corporation oversaw production of generators and electrical equipment; and Mitsubishi Heavy Industries Power Environmental Solutions, Ltd. was responsible for the wastewater treatment equipment.The Hirono IGCC plant adopts a high-efficiency gas turbine combined cycle (GTCC) system integrating gas and steam turbines. Coal is gasified in a gasification furnace at high temperature under high pressure; sulfur, ash and the like are separated out and removed; and the refined gas is used as fuel to drive the gas turbine. Combusted waste gas is fed to a waste heat recovery boiler, and the generated steam is used to operate the steam turbine. Power generation efficiency is 48%(2). This outstanding efficiency, higher than with conventional coal-fired power generation, contributes to reduction of carbon emissions.The IGCC plant construction project undertaken by Hirono IGCC Power GK incorporates the hopes and expectations of all stakeholders that the new plant, featuring the world's most advanced thermal power generation technologies, will contribute to the creation of the local industrial infrastructure, and thereby to Fukushima's regional recovery.Through its participation in this IGCC project and the resulting adoption of another next-generation high-efficiency power generation system, MHI has made a significant contribution to the effective use of resources, to environmental protection, and to revitalization of the Fukushima region.(1) The other three partners are Mitsubishi Heavy Industries Engineering, Ltd., Mitsubishi Electric Corporation, and Mitsubishi Heavy Industries Power Environmental Solutions, Ltd.(2) Based on net thermal efficiency (LHV: lower heating value)About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Oct 29, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries (MHI) Group today announced that it has invested in Cemvita Factory, Inc. (Cemvita), a Houston-based startup that utilizes innovative synthetic biology to decarbonize heavy industries such as chemical manufacturing, mining, and oil and gas. By investing in Cemvita's business expansion, MHI continues to deliver on its strategy to identify and accelerate decarbonization opportunities through investments in renewable projects and climate tech startups.MHI Group is committed to building an innovative solutions ecosystem to realize a carbon-neutral future. This includes strengthening its decarbonization technology offerings and developing a carbon dioxide (CO2) ecosystem that is central to those initiatives. Carbon capture, utilization and storage solutions are increasingly viewed as effective means to realizing a carbon-neutral society, and Cemvita's technology is one of many solutions needed to achieve it."At MHI we are committed to accelerating decarbonization. We believe there is not only one technology to be utilized, but that it is necessary to combine multiple technologies to achieve our world's carbon net-zero goals," said Yoshihiro Shiraiwa, President and CEO of Mitsubishi Heavy Industries America. "We must work closely with new and existing partners to develop new business models that advance our goals for decarbonization."Cemvita provides innovative CO2 utilization solutions through biotechnology for heavy industries. Its bio-manufacturing platform mitigates emissions from traditionally energy-intensive chemical and catalytic conversion processes by operating under ambient temperature and pressure. Additionally, this same technology can turn polymer production into a low-carbon activity by utilizing CO2 as a feedstock, a crucial step in building a circular carbon economy."We are excited to have Cemvita supported by strong corporate partners like MHI, who has extensive engineering capabilities across heavy industry markets," said Cemvita Factory Co-Founder and CEO Moji Karimi. "This capital will accelerate our growth and scale our carbon negative solutions to fight climate change."The investment has been executed through Mitsubishi Heavy Industries America, Inc. MHI joins a consortium of investors, including Energy Capital Ventures and Sumitomo Corporation of America.About Cemvita Factory, Inc.Cemvita Factory, Inc, is on a mission to reverse climate change by leveraging synthetic biology. This is done by leveraging the biomimicry of natural processes to sustainably produce chemicals and polymers. Additionally, Cemvita's synthetic biology platform is used to develop and optimize low carbon bioprocesses for heavy industry such as mining and oil and gas. Visit www.cemvitafactory.com for more information.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Sep 3, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, through its Australian subsidiary Mitsubishi Heavy Industries Air-conditioners Australia, Pty. Ltd. (MHIAA), has for the first time been selected as the Top Brand of Heat Pumps in the Heat Pumps / Air Conditioners category by Consumer NZ, a long-standing product satisfaction review organization in New Zealand that recommends the top brands on the market. Based on the results of a survey of 1,880 consumers, combined with the product tests comparisons, a total of 20 models of residential and commercial-use heat pumps from MHI Thermal Systems, sold by MHIAA under the Mitsubishi Heavy Industries brand, were compared with models from seven other manufacturers, with MHI selected as the top brand overall.Consumer NZ is a non-profit, membership-based product review organization focused on consumer protection, well regarded in New Zealand for more than 60 years. It conducts product reviews and customer satisfaction surveys of household appliances and other consumer goods to assist consumers with purchasing decisions, and each year selects its recommended brands for each product category. The performance of heat pumps was compared according to such factors as "Heating efficiency," "Low-temp performance," "Outdoor noise," and "Indoor noise." Customer satisfaction was measured based on a survey of consumers who purchased one of these units in the last five years, assessing such factors as performance, reliability, price, overall satisfaction, and whether the consumer would purchase the same product again. Based on these results, MHI was rated the highest overall among the recommended brands, receiving high marks for performance, with minimal technical issues, and high level of customer satisfaction.MHIAA has also been recognized as the Best Air Conditioner Brand for three consecutive years since 2018 by CHOICE (the Australian Consumers Association), Australia's leading consumer advocacy group, as well as rated the Most Satisfied Customers of Air Conditioners in Australia for two consecutive years from 2019 by Canstar Blue Pty. Ltd., and the highest rated brand for 2020 by the Australian market survey site Finder. This latest award from Consumer NZ follows these achievements.Expressing his delight at having received this honor, MHIAA Managing Director Yuji Ito said: "We are constantly striving to enhance our brand presence in both Australia and New Zealand. I am extremely pleased by the high ratings we've received from customers in New Zealand, which led to this award."MHI Thermal Systems provides air conditioning products built on engineering expertise accumulated over more than 130 years and strives to offer that value to customers worldwide. Bolstered by this recent honor, MHI Thermal Systems will continue to work to develop technologies and products that precisely serve consumers, and with its comprehensive technical capabilities derived from the synergy created by the breadth of the heating and cooling domain in which it specializes, will provide optimal thermal solutions to meet diverse and varied market needs.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.PRESS CONTACT:Corporate Communication DepartmentMitsubishi Heavy Industries, Ltd.Email: mediacontact_global@mhi.com Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE - It is the second day this week of heavy showers across the island and flash floods may occur, national water agency PUB said. The Meteorological Service Singapore (MSS), a unit under the National Environment Agency, issued a heavy rain warning on Tuesday morning (Aug 31), with moderate to heavy rain falling over central and western Singapore and heavy rain in the east. At 8.20am, PUB said water levels in Commonwealth Lane and Commonwealth Drive are near full capacity following heavy morning showers. Flood risk was identified along these two roads and the public was advised to avoid the area for an hour. At about 9am, water level sensors in the industrial area of Tanjong Penjuru showed that drains there had reached at least 90 per cent capacity, but subsequently subsided. According to the MSS website, the lowest recorded temperature today was 23.8 deg C in Novena at 8am. Thundery showers are expected to continue for the rest of the week. More on this topic Related Story Flash floods in Hougang Avenue 8, Punggol Way after heavy morning rain Related Story S'pore could experience heavier rain over next 2 months
BAODING, China, Aug 23, 2021 - (ACN Newswire via SEAPRWire.com) - FTXT Energy Technology, a Great Wall Motor (GWM) subsidiary, along with partners Dayun, Dongfeng and Foton, have successfully delivered a fleet of 100 hydrogen heavy trucks for the Xiong'an New Area construction project in Hebei Province, China. The 49-tonne fleet was unveiled at the Great Wall Technology Center, with the handing over ceremony on August 14 at Service Station #1 on the Rongyi Road in Baoding City, near Xiong'an.The handing-over ceremony on August 14 at FC Service Station #1 on the Rongyi Road in Baoding City, near Xiong'an.The heavy trucks are fitted with high-power 111kW hydrogen fuel cell engines, hydrogen stacks and hydrogen storage all by FTXT.FTXT's FC engine, stack and storage broke many technical barriers, with an overall performance index and safety performance grades at an advanced international level.Rongyi Road is the main artery for transporting construction materials to Xiong'an New Area. In the next five years, fuel cell trucks on the road will increase to more than 1,000. The trucks will be refueled at 10 Service Stations along the 50km road. The project aims to establish the basis for expansion to other regions based on its success, and to promote the development of a green transportation system nationwide.The heavy trucks are fitted with high-power 111kW hydrogen fuel cell engines, hydrogen stacks and hydrogen storage, fly compatible with each other on both power and control levels, developed by FTXT. The engine has a lifetime of 10,000 hours and can be started at -30 degrees C. All system components are locally sourced, with resulting costs decreased by about 28%.The FC engine has broken many of the industry's technical barriers, with the overall performance index and safety performance grades at an advanced international level. FTXT aims to extend the technologies to the first commercial vehicle applications using hydrogen energy in China, in the next 3 to 5 years. During the current stage, FTXT will demonstrate and promote 1,330 FCEVs in Hebei province.GWM, China's biggest maker of sport-utility vehicles and owner of FTXT Energy, will roll out its first hydrogen-powered SUV this year, and deploy its hydrogen-powered cars during the Winter Olympics in China next year. Zhang Tianyu, head of FTXT Energy, said "The technological breakthroughs we have achieved till now, in many ways have helped us to significantly reduce the costs of the final product, as well as ensure high performance, durability, and overall efficiency."About FTXTFTXT Energy Technology Co., Ltd. a subsidiary of GWM, focuses on the R&D, manufacturing, and sales of hydrogen energy technology. It has a professional R&D team as well as hydrogen energy test bases, fuel cell trial production centers, hydrogen production and liquefaction plants, supporting vehicle test sites, climatic chambers, and other high-quality resources. FTXT FC-engines and components have been fitted to heavy trucks, light trucks, city buses, sedans, SUVs and pickups. At present, FTXT deploys five R&D centers, in Shanghai, Baoding, Canada, Japan and Germany, forming a multicultural and technologically advanced R&D team. FTXT follows a V model development process to create all fuel cell power systems and components. Official Website: https://en.ftxt-e.com/LinkedIn: https://www.linkedin.com/company/ftxt-energy/Facebook: https://www.facebook.com/FTXTenergyYouTube: https://www.youtu.be/fU4l8q0pMToMedia contact:Tiantian Chen, FTXT U: http://www.ftxt-e.com E: chentiantian@ftxt-e.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Jun 25, 2021 - (JCN Newswire via SEAPRWire.com) - Starting in July, Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a Mitsubishi Heavy Industries (MHI) Group company, will launch its line of small-capacity, multiple air-conditioner outdoor units using the R32(1) refrigerant into the Australian, New Zealand and Asian markets. The systems will be sold in those markets respectively through Mitsubishi Heavy Industries Air-Conditioners Australia, Pty. Ltd. (MHIAA), which is an MHI subsidiary, and through Mitsubishi Heavy Industries-Mahajak Air Conditioners Co., Ltd., a joint venture between MHI and a company based in Thailand. The simultaneous launches are aimed at further enhancing overseas sales of MHI Thermal Systems as an outstanding air-conditioner brand, following robust sales of the same units in the European market since their introduction in December 2020, coupled with high acclaim won in recent years by the company's room air conditioners in Australia and Hong Kong.Today, a global shift in air-conditioner refrigerants is underway from the formerly ubiquitous R410A to the more environmentally harmonious R32. In response, MHI Thermal Systems' newly launching models were developed as R32 variants of the previously introduced Micro KX series. They retain the single-fan structure of the earlier models, which enable reductions in size and weight; but the refrigerant's distribution in the outdoor unit has been optimized to accommodate the R32's properties, resulting in maximized performance of the heat exchanger. In addition, the compressor motor has been changed from the distributed winding type to a concentrated winding structure, an innovation that enhances performance during usage at intermediate capacity, reduces standby power consumption, and improves integrated efficiency. The product lineup will include seven models(six in Asia): three (4, 5 and 5.5 HP) in Asia and four in Australia and New Zealand (3.5, 4, 5 and 5.5 HP) of the single-phase alternating current (AC) type mainly used in residential locations, and three (same HP) of the three-phase type used in factories and other sites where large volumes of electricity are consumed.In May 2021, MHI Thermal Systems also completed a complete revision of its KXZ Series(KXZ2) of building-use inverter multi-split air conditioners for overseas markets(2). Once mass production kicks in, these new models, which consists of Small-Capacity Multiple Air-Conditioner(4.5-5.5HP) and KXZ2(10HP-) 17 in all. These units will also be marketed in Australia, New Zealand and Asia.Going forward, MHI Thermal Systems will continue to provide optimal thermal solutions focused on the development of new technologies and products needed by consumers, coupled with sales and after-sale servicing of air conditioners. In these ways, the company aims to respond flexibly to the diverse needs of overseas markets.(1) The R32 refrigerant has zero ozone depletion potential (ODP) and one-third the global warming potential (GWP) of the R410A. Today it is attracting attention for its outstanding heat transfer efficiency, as well as excellent safety and environmental performance.(2) For further details, refer to the following press information:MHI Thermal Systems fully revises a lineup of inverter multi-split air conditioners for buildings in its EU markets. Products scheduled for a successive worldwide launch Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
PARMA (REUTERS) - A struggling Venus Williams got more than she bargained for in the form of divine intervention when heavy winds resulted in a controversial time violation in her 5-7 6-2 6-2 loss to Anna Schmiedlova at the Emilia-Romagna Open in Parma on Monday (May 17). After taking the first set 7-5 despite being 5-2 down, 40-year-old Williams was losing her grip on the match when heavy winds forced her to take her time on serve, resulting in the time violation and a confrontation with the chair umpire. "I can't control God," Williams told the chair umpire after going 4-1 down in the second set. "I'm just saying that wind blows and there is nothing I can do about that. "I can't control God, talk to him," the former world number one added, pointing a finger upwards before walking back to the baseline. Williams lost her momentum as her unforced errors count continued to rise and a brief resurgence in the decider failed to prevent Schmiedlova from sealing her fourth consecutive victory over the American after two hours and 39 minutes. While Williams had a day to forget as she continues to look for her first claycourt win this season, her younger sister and top seed Serena advanced after beating teenage qualifier Lisa Pigato 6-3 6-2. "Lisa played really well," Serena said. "She told me she was only 17. Her future is super-bright, she handled the moment well, so I look forward to cheering for her in the future." More on this topic Related Story Tennis: Venus Williams dumped out of Miami Open first round Related Story Tennis: Venus Williams, Kim Clijsters fall in first round of US Open
TOKYO, Apr 1, 2021 - (JCN Newswire via SEAPRWire.com) - Effective today, Mitsubishi Heavy Industries, Ltd. (MHI) has changed the name of its London-based European subsidiary from Mitsubishi Heavy Industries Europe, Ltd. to Mitsubishi Heavy Industries EMEA, Ltd. (MHI-EMEA). The change reflects the entity's expanded role as MHI's regional headquarters for the Europe, the Middle East and Africa (EMEA) region.The name change goes hand in hand with the launch of a new leadership structure, with MHI Executive Vice President Kentaro Hosomi taking up the positions of MHI Chief Regional Officer (CRO) for the EMEA region and MHI-EMEA Chief Executive Officer. "Having been deeply involved in MHI Group's energy transition strategy, I will focus on integrating and expanding our diverse business activities relating to the energy transition. Europe and the wider EMEA region has been a key driver behind global efforts towards achieving net-zero targets. I look forward to strengthening our collaborative partnerships with our customers and stakeholders to accelerate the achievement of a sustainable carbon-free society," commented Kentaro Hosomi.Also effective April 1, 2021, MHI-EMEA has expanded its operational footprint with the establishment of a new branch in Duisburg, Germany and a liaison office in Brussels, Belgium. Prof. Emmanouil Kakaras, Executive Vice President NEXT Energy Business, will lead the new team that will focus on the growth of MHI's energy transition related business. At the center of activities will be the company's expertise along the hydrogen value chain and broader decarbonisation technologies, particularly in light of the recent initiatives across the region to mitigate climate change and meet net-zero targets.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Nov 20, 2020 - (JCN Newswire) - On December 1, Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, will establish a new "Decarbonation Business Department." Creation of the new office targets further strengthening of MHIENG's world-leading business in carbon capture from gas emissions and further acceleration of new initiatives in the area of energy transition, to respond to customer needs amid global efforts to achieve carbon neutrality.MHIENG has already made several significant contributions to carbon dioxide (CO2) recovery technology. Jointly with Kansai Electric Power Company, Inc., MHIENG has developed and improved the proprietary Kansai Mitsubishi Carbon Dioxide Recovery Process (KM CDR Process) in combination with a highly efficient amine-based solvent. Recovery systems utilizing this process are currently operating at 13 plants (thermal power, chemical, etc.) worldwide, giving MHIENG one of the world's strongest track records in this area. Meanwhile, as efforts to achieve carbon neutrality are being ramped up globally, needs are increasing in various spheres: these include flue-gas carbon capture systems not only for existing thermal power plants but also for biomass-fired power plants, steelworks, cement plants and trash incinerating plants, as well as direct air capture (DAC).To respond to such needs, MHIENG's new Decarbonation Business Department will play a leading role in developing recovery systems more readily adoptable by customers and in expanding the range of recovery technology applications. Also, as new initiatives in the area of energy transition, using its chemical reaction technologies cultivated through its abundant experience in the chemical plants business, MHIENG will accelerate commercial viability of technologies for manufacturing clean fuels (carbon-free ammonia, hydrogen), for development and utilization of ammonia-based hydrogen manufacturing technologies, for liquefaction, storage and transport of captured carbon, and for CCUS (carbon dioxide capture, utilization and storage) involving use of carbon dioxide converted to other chemicals (methanol, etc.).Going forward, as a core company involved in the field of energy transition - an MHI Group growth area - MHIENG will work closely with MHI and its other business companies toward achieving carbon neutrality on a global scale.About Mitsubishi Heavy Industries, Ltd.Mitsubishi Heavy Industries (MHI) Group (TSE: 7011; US: MHVYF) 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 USD. 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 Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
TOKYO, Oct 28, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) and Air Water Inc. (Air Water) have jointly developed a compact LNG filling facility (Facility)(1) that can be used in space-limited logistics facilities. The equipment will be used to fuel heavy LNG-powered trucks.A compact LNG Filling Station and Heavy LNG TruckThis is the first portable filling system in Japan and the world's first off-grid power-generation system capable of fueling trucks with LNG even during power outages. Furthermore, by circulating hot water through its waste-heat recovery mechanism, the system can help to prevent freezing problems associated LNG operations in cold or highly humid regions.In November, MC and Air Water will begin testing the system in Hokkaido, where it will be used to fuel three heavy LNG trucks, one manufactured by Isuzu Motors Ltd. and the other two by Italian firm. With the cooperation of Hokkaido Electric Power Co., Inc., the partners plan to assess the system's overall effectiveness and how much it can reduce CO2 emissions and fuels costs typically generated by heavy trucks. The results of the tests will help the partners to determine whether or not to make the system commercially available.At present, heavy trucks fueled by LNG are not in commercial use in Japan. Most (approximately 500,000) of the heavy trucks on Japan's roads are diesel fueled, and there are growing concerns about the need to reduce their CO2 emissions. Unlike trucks powered by electric batteries or fuel cells, LNG fueled trucks have ranges in excess of 1,000 kilometers, and tests have already shown them to be capable of cutting CO2 emissions by more than 10% when compared to diesel-fueled trucks.(2) The partners are also considering ways to further reduce CO2 emissions in the future, such as by using CO2-free LNG.To successfully commercialize this system, the partners will be relying on an effective marriage of their respective assets and expertise. MC has been developing a wide range of LNG operations since 1969 and can claim both an extensive business profile and industry-wide know-how, while, in addition to its logistics field of network, Air Water boasts an impressive lineup of development-and manufacturing technologies in the field of LNG, including tanker trucks and satellite supply facilities. This joint project represents a meaningful step towards our transition to cleaner energies, and both partners are confident that it can help to realize low-carbon or carbon-free societies in the future. MC and Air Water are aiming to install this system in locations throughout Japan by mid 2020s, at which point they hope to be offering a competitive supply of automobile-use LNG to customers across the country.(1) With a footprint of just 3.3 x 12 meters (the same size as a parking space for a heavy truck), the new system is less than half of the cost of a conventional LNG filling station. At less than 10 minutes per fill-up, it also refuels quicker than conventional stations. The plant is to make each station capable of fueling more than 60 trucks per day. The patent application for the system has already been filed.(2) A heavy LNG powered-truck built by Isuzu Motors Ltd. was used in tests undertaken as part of the Ministry of the Environment's "Low Carbon Research and Development Program", which ran from 2016 to fiscal year 2018. The tests confirmed that the truck had a range of more than 1,000 (primarily highway) kilometers per fill-up in city-to-city transport, and that it also produced less than 90% of the CO2 emissions produced by diesel-powered trucks that meet Japan?s heavy vehicle fuel efficiency standards set in fiscal year 2015.About Mitsubishi CorporationMitsubishi Corporation, headquartered in Tokyo, is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. Mitsubishi Corporation's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. For more information on Mitsubishi Corporation, please visit the company's website at https://www.mitsubishicorp.com/jp/en/. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
HONG KONG, Oct 20, 2020 - (ACN Newswire) - Tak Lee Machinery Holdings Limited ("Tak Lee" or the "Company", together with its subsidiaries, the "Group"; stock code: 2102), a leading earthmoving equipment sales and leasing service provider in Hong Kong, is pleased to announce its first annual results for the year ended 31 July 2020 ("the Year") since transferring its listing to the Main Board of The Stock Exchange of Hong Kong Limited on 6 October 2020. Despite the challenging economic climate and COVID-19 pandamic, the Group has recorded remarkable results for the Year. Financial Highlight- Revenue of the Group increased by approximately 9.9% to approximately HK$628.8 million, mainly attributable to the strong performance of its leasing business - The Group's net profit attributable to the owners of the Company surged by approximately 32.9% to approximately HK$51.3 million- Gross profit increased by 33.2% to approximately HK$107.1 million, while gross profit margin increased 2.9 percentage points to approximately 17.0%- Earnings per share for the Year was approximately HK5.13 cents, representing an increase of approximately 32.9%- The Board has recommended the payment of a final dividend of HK1.0 cent per ordinary share. Together with a special dividend of HK1.5 cents per ordinary share paid, the total cash dividend for the Year will be HK2.5 cents per ordinary shareThe Group's revenue increased by 9.9% to approximately HK$628.8 million (FY2019: HK$572.0 million) for the Year. The increase was mainly attributable to the rise in leasing income and the upturn in machinery ancillary services income, especially revenue from the leasing of heavy equipment which jumped by 159.1% to approximately HK$170.5 million (FY2019: HK$65.8 million). The Group has actively expanded its leasing business during the Year, in view of growing demand arising from the commencement and progress of large-scale infrastructure and reclamation projects in Hong Kong, such as the Three Runway System of the Hong Kong International Airport and the Tung Chung New Town Extension. Profit attributable to the owners of the Company increased notably by 32.9% to approximately HK$51.3 million. Furthermore, gross profit rose by 33.2% to approximately HK$107.1 million during the Year (FY2019: HK$80.4 million), while the gross profit margin increased by 2.9 percentage points to approximately 17.0% (FY2019: 14.1%). Earnings per share for the Year climbed 32.9% to approximately HK5.13 cents per share (FY2019: HK3.86 cents per share). To reward the Group's shareholders for their unwavering support, the Board has recommended the payment of a final dividend of HK1.0 cent per ordinary share. Together with a special dividend of HK1.5 cents per ordinary share paid, the total cash dividend for the Year will be HK2.5 cents per ordinary share.ProspectsEven though the economy will remain challenging, and the industry that the Group operates in may directly or indirectly be affected by such challenging conditions, the Group remains cautiously optimistic about its outlook, including the prospects for its sales and leasing of heavy equipment. Such optimism can be attributed partly to the government's land enhancement strategy, which involves the proposed reclamation and rock cavern development. Also, there are several other large-scale infrastructure projects underway, such as the Three Runway System of the Hong Kong International Airport, Route 6 Development and the Tung Chung New Town Extension. The Group therefore expects stable growth in the heavy equipment industry in Hong Kong in the near future. In addition, the Group is committed to the diversification of its supplier base and product offerings to capture opportunities. During the Year, the Group has entered into a new dealership agreement under which the Group has been granted a dealership for foundation equipment. While closely monitoring the impact of COVID-19 on the industry, the Group remains committed to fulfilling its corporate strategies which are aimed at sustaining and raising the performance of the Group over the long term.Mr. CHOW Luen Fat, Chairman and Chief Executive Officer of Tak Lee, said, "We believe that the demand for our heavy equipment will remain strong in the coming years. Still, we are committed to capturing fresh opportunities; hence, we will endeavor to diversify the Group's supplier base and product offerings. We will also continue to identify suitable suppliers and products, and pursue more dealerships and heavy equipment distributorships that further enhance the Group's long-term competitiveness."About Tak Lee Machinery Holdings Limited (stock code: 2102)Tak Lee Machinery Holdings Limited is one of the leading heavy equipment sales and leasing service providers in Hong Kong, serving customers by providing quality heavy equipment, such as excavators, articulated dump trucks, bulldozers, lifting cranes, hydraulic breakers and various other heavy equipment. Among all the dealerships and distributorships granted, Tak Lee is the sole dealer of HITACHI brand (Japanese brand) of heavy equipment in Hong Kong and Macau, as well as a distributor of heavy equipment of BELL (South African brand) and LaBounty (USA brand) in Hong Kong and an exclusive dealer of heavy vehicles of Ammann (Swiss brand) in both Hong Kong and Macau. In 2016, Tak Lee started and engaged an Italy-based manufacturer to design and manufacture its own TLMC brand earthmoving equipment to provide more quality heavy equipment for its customers to choose from. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com


















