Mitsui

Inspiro and Microsoft Continue to Elevate the Philippine BPO Industry through Cloud Technology

Retrieved on: 
Wednesday, December 6, 2023

MANILA, Philippines, Dec. 07, 2023 (GLOBE NEWSWIRE) -- In a groundbreaking partnership, Inspiro and Microsoft are joining forces to create innovative solutions using Microsoft technology.

Key Points: 
  • MANILA, Philippines, Dec. 07, 2023 (GLOBE NEWSWIRE) -- In a groundbreaking partnership, Inspiro and Microsoft are joining forces to create innovative solutions using Microsoft technology.
  • Since the partnership was announced in 2022, Inspiro has harnessed Microsoft’s revolutionary tools, including Azure cloud services, Power BI, Windows Virtual Desktop, and Microsoft Teams.
  • These cutting-edge solutions have propelled Inspiro to the forefront of the industry, elevating its services and establishing its Philippine operations as a center of excellence.
  • Inspiro has already migrated 40% of its targeted applications to the Microsoft Azure cloud, with plans to migrate more by the first quarter of 2024.

OEG Renewables companies to deliver turnkey marine coordination solution to the >1 GW Hai Long Offshore Wind Project in Taiwan

Retrieved on: 
Thursday, December 21, 2023

OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, is pleased to announce that Specialist Marine Consultants (“SMC”) and Fern Communications (“Fern”), both OEG Renewables businesses, have been contracted to deliver a turnkey marine coordination solution to the Hai Long Offshore Wind project in Taiwan.

Key Points: 
  • OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, is pleased to announce that Specialist Marine Consultants (“SMC”) and Fern Communications (“Fern”), both OEG Renewables businesses, have been contracted to deliver a turnkey marine coordination solution to the Hai Long Offshore Wind project in Taiwan.
  • View the full release here: https://www.businesswire.com/news/home/20231220130297/en/
    The 1,022 MW Hai Long Offshore Wind Project located 45-70km from the coast in 35-55m water depths is a joint project being developed by Northland Power Inc., Yushan Energy Pte.
  • Ltd., and Mitsui & Co., Ltd. which once operational will be the largest offshore wind project in Taiwan, providing enough clean energy to power more than one million Taiwanese households.
  • This will be OEG Renewables’ 20th project in Taiwan, of which 15 have been marine coordination contracts, underlining the company’s position as a leader in the provision of multi-disciplined specialist services to offshore wind markets in the APAC region and around the world.

OHP®, an American Vanguard® Company, to Become Master Distributor of Certis® Biological Products in U.S. Non-crop Markets

Retrieved on: 
Wednesday, November 15, 2023

American Vanguard Company (NYSE: AVD) today announced that OHP® Inc., a leading provider of technology-based solutions for greenhouse and nursery production applications, has agreed to become master distributor in U.S. non-crop markets of biological technologies developed by Certis® Biologicals.

Key Points: 
  • American Vanguard Company (NYSE: AVD) today announced that OHP® Inc., a leading provider of technology-based solutions for greenhouse and nursery production applications, has agreed to become master distributor in U.S. non-crop markets of biological technologies developed by Certis® Biologicals.
  • With the agreement, OHP, an American Vanguard® Company and a vital part of the AMGUARD™ Environmental Technologies specialty brand, becomes the sole access point for Certis technologies in U.S. non-crop markets.
  • View the full release here: https://www.businesswire.com/news/home/20231115243969/en/
    In addition to Certis products which OHP currently markets under OHP brands, the agreement includes commercialization of Certis’ BotaniGard® and Mycotrol® products .
  • The agreement also gives OHP exclusive access to Certis’ pipeline of new technologies for non-crop markets.

EAGLYS, Mitsui and Quantinuum Collaborate to Build a Quantum-Resistant Data Analytics (AI) Platform Using Quantum Computing Hardened Encryption Keys

Retrieved on: 
Wednesday, December 13, 2023

Mitsui and EAGLYS have used secure computation technology to build a platform that allows research institutes and businesses to securely collaborate using each other's data and AI models.

Key Points: 
  • Mitsui and EAGLYS have used secure computation technology to build a platform that allows research institutes and businesses to securely collaborate using each other's data and AI models.
  • This protects encrypted data from being revealed when shared, safeguarding organizations and their Intellectual Property against advanced cyber threats.
  • EAGLYS has now integrated Quantum Origin, the world's only solution that uses the power of quantum computing processes to provably strengthen encryption keys, as part of their Quantum-Resistant Data Analytics (AI) Platform.
  • "We are pleased to collaborate on this advanced project with Quantinuum, a world-class quantum computing company, and our valued partner Mitsui & Co.

EAGLYS, Mitsui and Quantinuum Collaborate to Build a Quantum-Resistant Data Analytics (AI) Platform Using Quantum Computing Hardened Encryption Keys

Retrieved on: 
Wednesday, December 13, 2023

Mitsui and EAGLYS have used secure computation technology to build a platform that allows research institutes and businesses to securely collaborate using each other's data and AI models.

Key Points: 
  • Mitsui and EAGLYS have used secure computation technology to build a platform that allows research institutes and businesses to securely collaborate using each other's data and AI models.
  • This protects encrypted data from being revealed when shared, safeguarding organizations and their Intellectual Property against advanced cyber threats.
  • EAGLYS has now integrated Quantum Origin, the world's only solution that uses the power of quantum computing processes to provably strengthen encryption keys, as part of their Quantum-Resistant Data Analytics (AI) Platform.
  • "We are pleased to collaborate on this advanced project with Quantinuum, a world-class quantum computing company, and our valued partner Mitsui & Co.

Singapore office to strengthen QIC's partnerships across Asia

Retrieved on: 
Friday, December 1, 2023

SINGAPORE, Dec. 1, 2023 /PRNewswire/ -- Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on Asian-based institutional investors.

Key Points: 
  • SINGAPORE, Dec. 1, 2023 /PRNewswire/ -- Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on Asian-based institutional investors.
  • Located in the Marina Bay Financial Centre, the space will serve as a hub to strengthen local partnerships and explore new capital opportunities in the region.
  • QIC CEO Kylie Rampa said the opening heralded a new chapter in QIC's globalisation and client diversification story.
  • Choi and Mitsui are also joined in Singapore by Shiree Hocking, a 13-year QIC veteran, who brings a strategic focus on relationships and new business opportunities in the Middle East and Southeast Asia.

Firefly Aerospace Closes Third Tranche of Series C Round, Reaching Approximately $300 Million of Financing to Date

Retrieved on: 
Friday, November 10, 2023

CEDAR PARK, Texas, Nov. 10, 2023 /PRNewswire/ -- Firefly Aerospace, Inc., an end-to-end space transportation company, today announced the closing of another tranche of financing, valuing the company at $1.5 billion pre-money. The round is being led by existing investors including AE Industrial Partners, LP, as well as new investors including Mitsui & Co., Ltd. Firefly has raised approximately $300 million in funding since February 2023.

Key Points: 
  • The round is being led by existing investors including AE Industrial Partners, LP, as well as new investors including Mitsui & Co., Ltd. Firefly has raised approximately $300 million in funding since February 2023.
  • "We have been successful at raising funds at an increased valuation in this challenging capital markets environment due to our focus on production and mission execution," said Bill Weber, CEO Firefly Aerospace.
  • "Firefly has clinched key contracts and cemented itself as the leader in tactically responsive launch," said Kirk Konert Partner at AE Industrial and Chairman of Firefly.
  • The Company expects to announce a close of its current financing round in the near future.

Celanese Corporation Reports Third Quarter 2023 Earnings

Retrieved on: 
Monday, November 6, 2023

The Acetyl Chain delivered third quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.

Key Points: 
  • The Acetyl Chain delivered third quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.
  • In a global demand environment that remains challenged, the Acetyl Chain has demonstrated the stability and resilience of its foundational earnings across each quarter of 2023.
  • Sequential increases in these earnings metrics was supported by increased earnings contributions from Mobility & Materials (M&M) driven by volume growth and incremental synergies.
  • The effective tax rate for 2023 adjusted earnings was revised to 9 percent based on the expected jurisdictional earnings mix for the full year and consideration of other non-recurring U.S. GAAP items.

Mitsubishi Power Begins Commercial Operation of Sixth M701JAC Gas Turbine for Thailand GTCC Power Plants; Project Achieves 50,000 AOH

Retrieved on: 
Thursday, October 12, 2023

TOKYO, Oct 12, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed installation of the second of four M701JAC units at a natural gas-fired power plant project in Rayong Province, Thailand.

Key Points: 
  • TOKYO, Oct 12, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed installation of the second of four M701JAC units at a natural gas-fired power plant project in Rayong Province, Thailand.
  • Operation commenced on 1 October 2023, and follows the start of operations for the first unit at the end of March.
  • The previous five units for the project have exceeded 50,000 actual operating hours (AOH), demonstrating the reliability of the state-of-the-art JAC gas turbines.
  • The overall project encompasses two GTCC power generation plants, each with four power trains comprising a gas turbine, steam turbine, heat recovery steam generator, and generator.

EQS-News: PATRIZIA closes debut investment for A-SIF with initial AUD 70 million Australian renewables deal

Retrieved on: 
Tuesday, October 17, 2023

The deal marks the debut investment for A-SIF, which is a joint venture between PATRIZIA and Mitsui.

Key Points: 
  • The deal marks the debut investment for A-SIF, which is a joint venture between PATRIZIA and Mitsui.
  • The investment in YES Group will ensure the strategy is implemented by an experienced and established operational team.
  • Saji Anantakrishnan, Head of Infrastructure for Australia and Asia at PATRIZIA, said: “Decarbonisation and climate change are two core megatrends that underpin our global investment philosophy at PATRIZIA.
  • With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 39 years.