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JCN Newswire

MHI Group Presents “Best Innovation 2022” Awards for Activities that Contribute to Mitigating Impacts on the Global Environment

February 16, 2023

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)

JCN Newswire

Mitsubishi Electric and Mitsubishi Heavy Industries Reach a Basic Agreement to Start Detailed Studies for Business Integration for Power Generator Systems

December 26, 2022

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)

JCN Newswire

Mitsubishi Heavy Industries Power Environmental Solutions Develops New Ionic Wind Type Electrode ESP

November 25, 2022

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)

JCN Newswire

Mitsubishi Corporation and FEV Consulting Establish New Joint Venture for Materials Industry

October 27, 2022

TOKYO, Oct 27, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to announce its establishment on October 27, 2022 of a new joint venture company, Beyond Materials Corporation (Beyond Materials), a specialized strategy and engineering service provider that will support materials suppliers on their path to global and sustainable growth. Our partner on this joint venture is FEV Consulting GmbH (FEV). The requirements on future product designs are becoming more sophisticated and diverse due to decarbonization and other societal demands. This has heightened interest in the functions and solutions that materials can provide, and necessitated even stronger relationships between suppliers and users of those materials, the automotive sector being a case in point. For over three years, MC and FEV have been conducting joint preliminary work to develop services targeting these industries, and our collaboration has confirmed that we share a similar dedication to addressing challenges faced by modern societies and helping them to be more sustainable.FEV is the consulting arm of FEV Group, a German engineering services provider with a global workforce of more than 7,000 employees. FEV provides unique advice to its customers by combining long experience in top management consulting with end-to-end technical expertise, including battery systems, car bodies and more, of the FEV Group GmbH. Beyond Materials will provide the materials industries with tailor-made solutions. Its services will extend from market research, strategy development and implementation support, to product development and demonstrations. This will be achieved by combining MC's global network and broad experience in the materials industries with FEV's intelligence on broad applications and customer requirements, engineering and product know-how, and also taking advantage of digital technologies. MC expects this new joint venture to build a bridge between those who use functional materials and those who make them, whether that be in chemicals, metals, or ceramics and other composites. We look forward to Beyond Materials contributing to sustainable growth in global materials markets and helping us to achieve our mission to build net-zero, circular economies. For more information, visit www.mitsubishicorp.com/jp/en/pr/archive/2022/html/0000050161.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

MHI-MS Successfully Tests Proof of Concept of Innovative V2X System in Singapore

October 6, 2022

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)

ACN Newswire

Sarawak Consolidated Industries Berhad Appoints Directors

September 15, 2022

KUCHING, MALAYSIA, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) is pleased to announce the redesignation of Mr. Ku Chong Hong as Executive Director and the appointments of En. Mohd. Shakir bin Shahimi and En. Nuraiman Shaiful bin Annuar as Independent Non-Executive Directors (INED), effective today.Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin OthmanMr. Ku Chong HongEn. Mohd. Shakir bin ShahimiEn. Nuraiman Shaiful bin AnnuarMr. Ku, who was appointed to the board of directors on 17 March 2022 as an INED, has experience in audit and assurance, and business advisory-related fields through various local and international companies involved in a range of industries from property and construction to software.En. Mohd. Shakir will replace Ku as chairman and member of the audit committee. A chartered accountant, he graduated with a degree in accountancy from Universiti Utara Malaysia and is a member of the Malaysian Institute of Accountants. He was an auditor with Arthur Andersen & Co and has experience auditing public-listed and privately-held companies. He is currently an audit manager with Khairuddin Hasyudeen & Razi. He is also an INED with Bintai Kinden Corporation Berhad, where he is chairman of the nomination, remuneration and risk management committees as well as member of the audit committee.En. Nuraiman has attended the International Bachelor of Business Administration Programme from Hult International Business School, London United Kingdom in year 2017. He has experience in the oil and gas as well as construction fields. He holds directorships in Hipro Technologies Ltd and Petro Flanges and Fittings Sdn Bhd.Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said, "We welcome En. Mohd Shakir and En. Nuraiman aboard and look forward to their guidance and advice. Their experience and knowledge will be a good addition to the board while enhancing our governance decision-making structure. We would also like to congratulate Mr. Ku in his redesignation as Executive Director. His insights and knowledge will be invaluable in helping us grow the Company."About Sarawak Consolidated Industries BerhadSarawak Consolidated Industries Berhad (SCIB) was founded in 1975 and has evolved from a small enterprise into a reputable Group of companies listed on the Main Market of Bursa Malaysia Securities Berhad. Currently, SCIB is operating three factories in Kuching, Sarawak, one factory in the Pending Industrial Estate and two factories in the Demak Laut industrial park.SCIB is well known for professional management and has long history of innovative ideas and technological advances. Coupled with its wealth of experience and research acquired in more than three decades, SCIB offers its clients in-depth expertise through a combination of technology, efficiency and speed. For more information, visit scib.com.my.Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Jurong Port, Mitsubishi Heavy Industries Asia Pacific and JERA Asia Come Together to Explore Establishing an Ammonia Direct Combustion Power Plant

August 22, 2022

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)

JCN Newswire

Waste-to-Energy Company in Singapore Made a Wholly-Owned Subsidiary

August 8, 2022

TOKYO, Aug 8, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), part of MHI Group, have made a wholly-owned subsidiary of TuasOne Pte. Ltd., a special purpose company (SPC) for the business of the construction and operations of a waste-to-energy (WTE) facility in Singapore. Following the start of liquidation of Hyflux Ltd., a major water treatment and supply company in Singapore that held 75% of the issued shares in TuasOne, MHI and MHIEC jointly agreed with Hyflux to additionally acquire the shares of TuasOne held by Hyflux(1) to continue its business.Waste-to-Energy plant in Singapore which MHI Group independently provides O&M businessTuasOne is an SPC jointly established in 2015 by MHI and Hyflux. Formed under a public-private partnership (PPP) scheme, TuasOne has concluded a concession contract with the National Environment Agency (NEA) of Singapore to build and operate a WTE facility equipped with a stoker furnace type incinerator(2) for a period of 25 years. The facility has processing capacity for municipal solid waste (MSW) of up to 3,600 tonnes per day (tpd), and generation capacity of 120 megawatts (MW) of electricity, in the Tuas district of Southwest Singapore.The facility for which MHI Group has delivered incinerators and power systems consists of 4 boilers, capable of processing around 35% of the incinerable waste generated daily in Singapore. In December 2019, an MHI subsidiary in Singapore, Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP), took over construction works of the WTE plant from Hyflux Group, which had been originally awarded the TuasOne project. MHI-AP completed construction in December 2021 and provided operations and maintenance (O&M) services for the facility. Since July 2022, this O&M business has been taken over by MHIEC Eco Creation Singapore Pte. Ltd., an O&M business SPC, newly established by MHIEC in Singapore. This project is the first time for the MHI Group to provide a fully integrated solution, from investment to construction, operations and maintenance, for a WTE facility outside Japan.MHI Group has one of the industry's most extensive track records for delivering WTE plants and other facilities in Southeast Asia. The group contributes to lowering the environmental load by efficient utilization of energy. It has been responsible for the engineering and construction of four WTE plants in Singapore, such as the Tuas South Incineration Plant (TSIP) completed in 2000, which has a nominal processing capacity of 3,000 tpd.In future, MHI Group will leverage this experience with independent participation in an overseas WTE concession project and stable plant operations to establish its operational expertise and successful business model, and through its efforts on expanding orders for PPP projects, which in recent years have become mainstream in the environment-related market in broader areas such as Southeast Asia and the Middle East. MHI Group will continue to work toward resolving global environmental issues and achieving a carbon- neutral society.(1) MHI will hold a 25% stake in the company, and MHIEC the remaining 75%.(2) A stoker furnace is an incinerator in which waste is combusted as it is forced upward and moves along on a fire grate made of heat-resistant castings.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)

ACN Newswire

Ministry of Agriculture and Food Industries to Improve Food Security for Malaysia

August 8, 2022

KUALA LUMPUR, Aug 8, 2022 - (ACN Newswire via SEAPRWire.com) - Ministry of Agriculture and Food Industries (MAFI) has signed a Memorandum of Understanding (MoU) with PLS Plantations Berhad, a leading agrofood company in Malaysia, to conduct an in-depth study and put forward a proposal for the national food security programme.YBhg Dato' Haslina Binti Abdul Hamid, Secretary-General of MAFI, MAFI Minister YB Datuk Seri Dr. Ronald Kiandee, YAB Prime Minister of Malaysia Dato' Sri Ismail Sabri Bin Yaakob, PLS Plantations' Group Chairman YBhg Tan Sri Mohammed Nazir Bin Abdul Razak, and PLS Plantations' Group Chief Executive Officer Lee Hun Kheng.[L-R]The MoU was officiated by the Prime Minister of Malaysia, Yang Amat Berhormat Dato' Sri Ismail Sabri Bin Yaakob at the biennial Malaysia Agriculture, Horticulture and Agro Tourism (MAHA) 2022. Also present was the Minister of Agriculture and Food Industries, Yang Berhormat (YB) Datuk Seri Dr. Ronald Kiandee, and PLS Plantations' Group Chairman, Yang Berbahagia (YBhg) Tan Sri Mohammed Nazir Bin Abdul Razak. Also in attendance to sign the MoU were YBhg Dato' Haslina Binti Abdul Hamid, Secretary-General of MAFI, and PLS Plantations' Group Chief Executive Officer, Lee Hun Kheng.YB Datuk Seri Dr. Ronald Kiandee said, "Malaysia continues to rise on the Global Food Security Index (GFSI)[1] and is ranked 39th, up from the 43rd spot in 2020[2]. We have performed well with an overall score of 70.1 compared to the previous year of 67.9. The increase in Malaysia's score (compared to the previous year) is the highest increase in score among the 113 countries involved. However, due to multiple issues, compounded by rising population, and labour shortage, Malaysia's food and agriculture imports remains high at around RM55.5 billion[3]. As such, it is crucial for the industry - both public and private - to work closely to further strengthen our food sufficiency throughout the entire supply chain. At the same time, we need to organise ourselves to capitalise on opportunities to generate higher incomes for agriculture frontliners, close the income gap, and improve livelihoods. Securing this future also requires us to attract more youth to participate in the sector and we see public-private partnerships as a key strategy to injecting new programmes, technologies, and platforms that will attract new farmers and participants to the industry. Through these efforts we are confident we can improve our national food security resilience, accessibility, and affordability of quality food, which is in line with our National Food Security Policy (DSMN Action Plan) 2021 - 2025[4]."YBhg. Tan Sri Mohammed Nazir added, "This MoU is a significant milestone for PLS Plantations. We look forward to supporting MAFI and the industry's efforts to further improve the nation's food sufficiency levels. The research and proposal will serve as a baseline that will guide our efforts in rolling out our food security programme. In addition, our newly launched initiatives, the PLS Agropreneur Programme and PLS Integrated Agrotech Park, will contribute to creating a thriving ecosystem where we can attract the experienced and specialised farmers to scale their farms and produce, as well as bring the best and brightest to participate in the industry."The PLS Agropreneur Programme is a platform for new and experienced farmers who are interested to participate in the industry or scale their farms. It offers end-to-end support, from training and development, land lease, offtake network support, as well as financial support and incentives. The PLS Intergated Agrotech Park serves as a platform for collaboration with universities, and agrofood to science and technology companies. He concluded, "Collaboration, specifically knowledge-sharing aided by technology and science have paved the way for the industries to grow and thrive. Likewise, for the agrofood industry, we see these initiatives as a way to elevate the industry, to bring our youth back to the suburbs and villages, and uplift the B40 communities, farmers and indigenous communities."[1] Source: GFSI by The Economist Intelligence Unit (EIU) based in London, United Kingdom https://tinyurl.com/54zydpck[2] Source: MAFI - https://www.mafi.gov.my/en_US/gfsi-2021 [3] Source: Department of Statistics Malaysia 2022 https://tinyurl.com/5xbvnv6r[4] Source: MAFI - https://tinyurl.com/2ccdnp8hAbout PLS Plantations BerhadPLS Plantations was incorporated in Malaysia in 1987 and was listed on the Second Board of Kuala Lumpur Stock Exchange in 1994. Currently listed on the Main Board of Bursa Malaysia Securities Berhad, PLS and its subsidiaries are involved in the management and operation of forest, oil palm and durian plantations, as well as the processing, distribution and sale of durian products.PLS Plantations received a Silver3 rating from RAM Sustainability in April 2022, setting the baseline for the Company's sustainability journey and framework. PLS Plantations remains guided by environment, social and governance (ESG) values as they progress towards becoming the nation's leading sustainable agrofood company. https://plsplantations.my/ Forward-Looking StatementsThe statement included in this press release, other than statements of historical facts, are forward- looking statements. Forward-looking statement generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "seek," or "believe." These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations about future event. There are important factors that could cause our actual results, level of activity, performance, or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statement, including, but not limited to our ability to win additional business. Although we believe the expectations reflected in the forward- looking statements are reasonable, we cannot guarantee future result, level of activity, performance, or achievements. You should not rely upon forward- looking statements as predictions of future events. These forward-looking statements apply only as of the date of this press release; as such, they should not be unduly relied upon as circumstances change. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this release or those that might reflect the occurrence of unanticipated events. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

MHI Group Signs Sponsorship Agreement with Thailand’s Muangthong United Football Club

August 4, 2022

TOKYO, Aug 4, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries (MHI) Group has signed a sponsorship agreement with Muangthong United Football Club, a Thai League 1 professional football club based in Muang Thong Thani, Nonthaburi Province, Thailand. This agreement, part of MHI Group's social contribution program, will support the team's activities and next-generation player development, contribute to growth in the Asian region, and enhance the recognition and value of the MHI brand.Muangthong United FC concluded a partnership memorandum of understanding in 2021 with the Urawa Red Diamonds (Urawa Reds), a Japanese professional football club in the J1 League for which MHI Group is the lead sponsor. Muangthong United is a powerhouse in its league with a team identity built around the same red, black, and white color scheme as the Urawa Reds, and has produced many players for Japan's J League as well. With the conclusion of this sponsorship agreement, from the start of league play on August 13, Muangthong United will display the MITSUBISHI HEAVY INDUSTRIES corporate logo on the right shoulder of the team uniform, and in their home stadium.MHI Group conducts the MHI Sports Challenge program aimed at using sports to support CSR and contribute to local communities and society, as well as to enhance the group's corporate brand and raise employee engagement. MHI Group's presence in Thailand includes the local subsidiary Mitsubishi Heavy Industries (Thailand) Ltd. (MHIT), along with business units for the manufacturing of air conditioners and forklifts, and providing after-sales service for gas turbines. The sponsorship of a professional football club in Thailand will lead to greater engagement among local employees, contribute to regional development, and enhance enterprise value.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)

ACN Newswire

Jubilee Industries Holdings welcomes strategic investor, value-unlocking and synergies to support further growth

June 22, 2022

SINGAPORE, Jun 22, 2022 - (ACN Newswire via SEAPRWire.com) - Catalist-listed Jubilee Industries Holdings Ltd has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (Purchaser) for the sale of the Company's 14% stake in WE Components Pte. Ltd. (WEC), the Group's EBU (Disposal).The Disposal offers significant synergies with the Purchaser's existing operations and strategic priorities, leveraging WEC's extensive product portfolio and strong presence across Asia. The Hong Kong incorporated Purchaser's main business is the promotion and distribution of products and solutions of semiconductor manufacturers in the People's Republic of China and overseas.The total cash consideration of US$2.1 million received for the Disposal will be utilised for general working capital purposes and the expansion of Jubilee's business.Jubilee's Executive Chairman and Chief Executive Officer, Dato' Terence Tea, said, "The Disposal reflects the deep value of Jubilee's EBU that we have built over the years. Working together with UPC, we are confident in the EBU's long-term growth prospects as we strive to build sustainable value for shareholders."Under Dato' Terence Tea's leadership, Jubilee's EBU has staged a full recovery from the initial impact of Covid-19, recording a 67.4% increase in revenue from S$119.9 million for the 12 months ended 31 March 2021 (FY2021) to S$200.7 million for the same period this year (FY2022).About Jubilee Industries Holdings LtdEstablished in 1993 and listed on SGX-Catalist since 10 July 2009, Jubilee Industries Holdings Limited is a one-stop service provider with two main business segments:1. Mechanical Business Unit (MBU), which is engaged primarily in precision plastic injection moulding (PPIM) and mould design and fabrication (MDF) services (Mechanical Segment); and 2. Electronics Business Unit (EBU), which distributes integrated electronic components. Headquartered in Singapore, Jubilee's production facilities span across Malaysia and Indonesia. Jubilee's products are sold to customers in the United States, the People's Republic of China, Singapore, India, Indonesia, Malaysia, Vietnam and various European countries. For more information, please visit http://www.jihldgs.comIssued on behalf of Jubilee Industries Holdings Limitedby Waterbrooks.com.sgFor media enquiries, please contact:Wayne Koo / Elliot Siow+65 9338 8166 / +65 6381 6347Email: wayne.koo@waterbrooks.com.sg / elliot@waterbrooks.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)