Mitsubishi Group

Mitsubishi Power Receives Order from HK Electric for Natural-gas-fired GTCC Power Generation Equipment

Retrieved on: 
Martedì, Aprile 9, 2024

- Latest order follows earlier orders for Units 10, 11 and 12

Key Points: 
  • - Latest order follows earlier orders for Units 10, 11 and 12
    TOKYO, Apr 9, 2024 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI) received an order for natural-gas-fired gas turbine combined cycle (GTCC) power generation system equipment for Lamma Power Station's Unit 13 to be built in Hong Kong by The Hongkong Electric Co., Ltd. (HK Electric).
  • The GTCC power generation equipment delivered to the Lamma Power Station will be a consecutive order following previous orders for Units 10, 11 and 12 from July 2015.
  • Among the main equipment of the newly ordered GTCC power generation system, Mitsubishi Power will manufacture and supply its M701F gas turbine, a steam turbine, a heat recovery steam generator, and a Selective Catalytic Reduction System (SCR).
  • Mitsubishi Power has had business relations with HK Electric for many years, having delivered numerous power generation system core components -- including gas turbines, steam turbines and boilers -- for the Lamma Power Station.

Mitsubishi Shipbuilding Receives Order from the University of Tokyo for "MiPoLin" Power Prediction and Lines Selection System

Retrieved on: 
Giovedì, Marzo 28, 2024

TOKYO, Mar 28, 2024 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from the University of Tokyo for its independently developed "MiPoLin?

Key Points: 
  • TOKYO, Mar 28, 2024 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from the University of Tokyo for its independently developed "MiPoLin?
  • MODE is a collaboration research program established on October 1, 2022 by seven companies including Mitsubishi Shipbuilding at the University of Tokyo.
  • Furthermore, Mitsubishi Shipbuilding will contribute to the development of the entire maritime industry by further enhancing the cutting-edge shipbuilding technologies and knowledge.
  • (1) MiPoLin derives from "Mitsubishi Shipbuilding Power prediction & Lines selection system."

Mitsubishi Motors Celebrates Production of 100,000th fully electric minivehicle

Retrieved on: 
Venerdì, Marzo 22, 2024

TOKYO, Mar 22, 2024 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that cumulative production of the Mitsubishi Motors eK X EV and Nissan Sakura electric minivehicles reached a record 100,000 units just after one year and 10 months since manufacturing began.

Key Points: 
  • TOKYO, Mar 22, 2024 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that cumulative production of the Mitsubishi Motors eK X EV and Nissan Sakura electric minivehicles reached a record 100,000 units just after one year and 10 months since manufacturing began.
  • The eK X EV and Nissan Sakura began production in May 2022 at Mitsubishi Motors' Mizushima Plant and reached a cumulative production volume of 50,000 units in its first year, and today has achieved 100,000 units in less than two years.
  • The eK X EV and Nissan Sakura were born from the expertise of Mitsubishi Motors and Nissan, both pioneers in the EV field, and the vehicles have been recognized by numerous automotive industry awards as an ideal form of mobility in accelerating Japan toward decarbonization.
  • A model symbolic of the successful partnership with Nissan, Mitsubishi Motors is committed to further improving the production quality of the eK X EV and Nissan Sakura in an effort to allow more customers to experience the vehicles.

Mitsubishi Electric Announces Dividend for Fiscal 2024 (April 1, 2023 – March 31, 2024) and Dividend Forecast for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024)

Retrieved on: 
Giovedì, Maggio 9, 2024

For the first half of fiscal 2025, the company plans to pay an interim dividend of 20 yen per share, as of the record date of September 30, 2024, with due consideration on performance and financial standing in the respective period.

Key Points: 
  • For the first half of fiscal 2025, the company plans to pay an interim dividend of 20 yen per share, as of the record date of September 30, 2024, with due consideration on performance and financial standing in the respective period.
  • The actual dividend will be declared at the Board of Directors’ meeting in October 2024.
  • The year-end dividend for fiscal 2025, as of the record date of March 31, 2025, is currently undecided.
  • The full document on Mitsubishi Electric’s dividend policy can be viewed at the following link:
    Year-end dividend (as of the record date of March 31, 2024)

Digital Realty Reports First Quarter 2024 Results

Retrieved on: 
Giovedì, Maggio 2, 2024

As previously disclosed, in the first quarter, Digital Realty successfully resolved its relationship with Cyxtera, with the closing of a series of transactions with Brookfield Infrastructure Partners L.P., Cyxtera Technologies and Digital Core REIT.

Key Points: 
  • As previously disclosed, in the first quarter, Digital Realty successfully resolved its relationship with Cyxtera, with the closing of a series of transactions with Brookfield Infrastructure Partners L.P., Cyxtera Technologies and Digital Core REIT.
  • Digital Realty received $277 million for its interest in four data centers and redeployed $55 million to buy out Cyxtera's leases in Digital Realty's Frankfurt and Singapore data centers.
  • Digital Realty also exercised its option to purchase a data center outside of London, UK, which is expected to close in the second quarter.
  • Digital Realty maintained its 2024 Core FFO per share and Constant-Currency Core FFO per share outlook of $6.60 - $6.75.

Chamberlain Group's myQ Connected Garage Named an Automotive News PACE Award Finalist

Retrieved on: 
Martedì, Aprile 30, 2024

OAK BROOK, Ill., April 30, 2024 /PRNewswire/ -- Chamberlain Group (CG), global leader in intelligent access and Blackstone portfolio company, was named a finalist in the 2023-2024 Automotive News PACE Award program for its vehicle-embedded, myQ Connected Garage solution.

Key Points: 
  • OAK BROOK, Ill., April 30, 2024 /PRNewswire/ -- Chamberlain Group (CG), global leader in intelligent access and Blackstone portfolio company, was named a finalist in the 2023-2024 Automotive News PACE Award program for its vehicle-embedded, myQ Connected Garage solution.
  • The myQ Connected Garage is transformative cloud technology that enables drivers to control and monitor their garage door opener and other connected devices remotely using their vehicle's infotainment head unit and built-in connectivity.
  • Most other brands of garage door openers can be easily upgraded to a compatible smart garage with a myQ Smart Garage Control device .
  • "It is an honor to have our auto innovation named an Automotive News PACE Award finalist," said Jim Trainor, Senior Vice President & General Manager of Automotive Business, Chamberlain Group.

Few small SUVs excel in new IIHS front crash prevention test

Retrieved on: 
Giovedì, Aprile 25, 2024

“This is a vital update to one of our most successful test programs,” IIHS President David Harkey said.

Key Points: 
  • “This is a vital update to one of our most successful test programs,” IIHS President David Harkey said.
  • The original vehicle-to-vehicle front crash prevention evaluation was developed when the technology was relatively new, so the performance requirements only addressed low-speed crashes.
  • While real-world data indicate that front crash prevention is eliminating higher-speed crashes, the original test didn’t provide a way to gauge the performance of specific systems at those higher speeds.
  • Updated front crash prevention ratings: Small SUVs

Marimaca Copper Project Development and Exploration Update

Retrieved on: 
Lunedì, Aprile 15, 2024

VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to provide an update on development activities at the Marimaca Oxide Deposit (the “MOD”) led by Ausenco Chile (“Ausenco”), and exploration activities at the Sierra de Medina property block, located ~25km from the MOD.

Key Points: 
  • VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to provide an update on development activities at the Marimaca Oxide Deposit (the “MOD”) led by Ausenco Chile (“Ausenco”), and exploration activities at the Sierra de Medina property block, located ~25km from the MOD.
  • Additionally, initial exploration trenching and surface sampling at the Mercedes East satellite target, located ~1km north of the MOD, has been initiated (see Figure 3)
    Hayden Locke, President and CEO of Marimaca Copper, commented:
    “The Marimaca Team, in collaboration with Ausenco and Mitsubishi, is moving rapidly toward our 2024 development milestones at the MOD.
  • It is an exciting time to be de-risking what is shaping up to be a very high-quality copper development project in the MOD.
  • Marimaca Copper undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law.

Malaysia Elevators and Escalators Market Growth Forecast 2024-2029: Sustainable Construction Practices and Regulatory Maintenance to Drive Expansion - ResearchAndMarkets.com

Retrieved on: 
Lunedì, Aprile 29, 2024

The "Malaysia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Malaysia elevator and escalator market size is expected to grow at a CAGR of 3.82% from 2023-2029.
  • The top 4 prominent vendors, including Schindler, TKE KONE, and Mitsubishi, account for 35% of the Malaysia elevator and escalator market share.
  • These projects are projected to support the growth of the Malaysia elevator and escalator market.

Shearer Supply Acquires Climatic Comfort Products from The Climatic Corporation

Retrieved on: 
Lunedì, Aprile 8, 2024

Leading HVAC distributor Shearer Supply announced today that it has acquired Climatic Comfort Products (“CCP”), the HVAC distribution subsidiary of The Climatic Corporation.

Key Points: 
  • Leading HVAC distributor Shearer Supply announced today that it has acquired Climatic Comfort Products (“CCP”), the HVAC distribution subsidiary of The Climatic Corporation.
  • Family owned and operated since 1936, CCP has evolved over the last 88 years into a leading distributor of HVAC equipment in the Southeast.
  • “The acquisition of CCP fits well with our strategy of acquiring complementary businesses located in attractive geographies representing best-in-class equipment manufacturers,” said Michelle Shearer-Rodriguez, CEO of Shearer Supply.
  • Gibson, Dunn & Crutcher LLP represented Shearer Supply in the transaction.