Sumitomo Group

Japan Used Construction Equipment Market Report 2023: Strategic Assessment & Forecasts 2022-2029 - Renovation of Old Infrastructure Supports Sales - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 24, 2023

The rise in repair and redevelopment is expected to drive sales of used earthmoving equipment in Japan used construction equipment market.

Key Points: 
  • The rise in repair and redevelopment is expected to drive sales of used earthmoving equipment in Japan used construction equipment market.
  • Growth in the logistics industry due to the growing demand for goods in the global and domestics market supports the demand for used forklifts & telehandlers in Japan used construction equipment market.
  • Prominent vendors in Japan used construction equipment market are Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, Hitachi Construction Machinery, Kubota, SANY, Hyundai Construction Machinery, Sumitomo & Kobelco.
  • Hitachi construction machinery has a strong share of hydraulic excavators in Japan used construction equipment market, which is majorly used for disaster management projects.

InvestmentPitch Media Video Discusses Platinex’ new Shining Tree Joint Venture near Timmins, Ontario, with Fancamp Exploration and $2.5 million private placement

Retrieved on: 
Tuesday, February 7, 2023

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

Key Points: 
  • A Media Snippet accompanying this announcement is available by clicking on the image or link below:
    For more information, please view the InvestmentPitch Media video.
  • The video is available for viewing on “ InvestmentPitch ” or on “ YouTube ”.
  • Platinex plans to raise up to $2.5 million from a non-brokered private placement of both regular and flow-through units.
  • Within 60 days from the completion of the Initial Exploration Program, Platinex as Operator shall prepare the Phase II Exploration Program.

Immotor to Unveil New Portable Energy Storage Solutions at CES 2023

Retrieved on: 
Tuesday, January 3, 2023

LAS VEGAS, Jan. 2, 2023 /PRNewswire/ -- Immotor Technology announced that it will unveil its newest portable energy storage products at the 2023 Consumer Electronics Show (CES).

Key Points: 
  • LAS VEGAS, Jan. 2, 2023 /PRNewswire/ -- Immotor Technology announced that it will unveil its newest portable energy storage products at the 2023 Consumer Electronics Show (CES).
  • Immotor's BAY500 showcases Immotor's latest innovations using EV-grade battery technology to provide efficient portable power for outdoor users or as an alternative power supply solution.
  • This jaw-dropping new product is the world's most compact portable power station of its kind that offers multiple AC and PD outputs.
  • Immotor is committed to green technology innovations and is constantly pushing boundaries to provide intelligent, convenient, and sustainable products for portable power users around the world.

Kenorland Minerals Options the O'Sullivan Project to Sumitomo Metal Mining Canada Ltd.

Retrieved on: 
Thursday, December 15, 2022

Kenorland will act as operator of the Project in return for a management fee equal to 15% of the total expenditures during the first earn-in period.

Key Points: 
  • Kenorland will act as operator of the Project in return for a management fee equal to 15% of the total expenditures during the first earn-in period.
  • Since acquiring the project through map staking in 2020, Kenorland has completed two phases of regional till sampling across the Project.
  • Kenorland Minerals Ltd. (TSXV: KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia, Canada.
  • The Frotet Project and Chicobi Project are held under joint venture with Sumitomo, the O'Sullivan Project is optioned to Sumitomo, the Chebistuan Project is optioned to Newmont Corporation and the Hunter Project is held under option to Centerra Gold Inc.

Kenorland Raises $9,000,000 Through Sale of Marketable Securities

Retrieved on: 
Wednesday, December 14, 2022

The proceeds from the sale further strengthens Kenorland's cash position and brings its current cash balance to a total of approximately $19,800,000.

Key Points: 
  • The proceeds from the sale further strengthens Kenorland's cash position and brings its current cash balance to a total of approximately $19,800,000.
  • Kenorland continues to provide operator services to Li-FT on the Rupert project and was granted a 2% net smelter returns royalty on the Rupert Project.
  • The Company has no current plans to dispose of its remaining Li-FT shares and will continue to monitor its investments.
  • Kenorland holds a portfolio of securities in both public and private issuers through the sale or option of mineral properties.

Kenorland Enters Definitive Agreement to Sell Lithium Projects to Targa Exploration

Retrieved on: 
Tuesday, December 13, 2022

As consideration for the Projects, Targa will issue to Kenorland 4,377,375 common shares of Targa, grant Kenorland a 3% net smelter royalty over the Projects and pay Kenorland $100,000 in cash at the closing of the sale of the Projects (the "Closing").

Key Points: 
  • As consideration for the Projects, Targa will issue to Kenorland 4,377,375 common shares of Targa, grant Kenorland a 3% net smelter royalty over the Projects and pay Kenorland $100,000 in cash at the closing of the sale of the Projects (the "Closing").
  • Kenorland Minerals Ltd. (TSXV: KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia, Canada.
  • The Company currently holds four projects in Quebec where work is being completed under joint venture and earn-in agreement from third parties.
  • In Ontario, the Company holds the South Uchi Project under an earn-in agreement with a wholly owned subsidiary of Barrick Gold Corporation.

Sweegen announces growth capital investments and manufacturing partnership ahead of Food Ingredients Europe 2022

Retrieved on: 
Monday, December 5, 2022

The world’s largest food and beverage producers, including top brands for beverage (non-alcoholic and alcoholic), condiment, dairy, and plant-based products, have entered into commitments, contracts, and purchase orders with Sweegen.

Key Points: 
  • The world’s largest food and beverage producers, including top brands for beverage (non-alcoholic and alcoholic), condiment, dairy, and plant-based products, have entered into commitments, contracts, and purchase orders with Sweegen.
  • With Sumitomo, Sweegen entered into a strategic alliance in which Sumitomo will contribute one of its manufacturing factories in Asia to a joint venture between the two companies.
  • Sumitomo will assist in quality assurance and quality control at both the Asian facility and Sweegen’s manufacturing site in Europe.
  • Many global food and beverage companies are currently incorporating Sweegen’s products to replace artificial sweeteners, reduce sugar, and launch branded products containing these Sweegen products.

Generational Equity Advises L.A. Tool & Supply in Its Sale to BlackHawk Industrial Supply

Retrieved on: 
Thursday, December 8, 2022

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client L.A. Tool & Supply Co. to BlackHawk Industrial Supply.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client L.A. Tool & Supply Co. to BlackHawk Industrial Supply.
  • Located in Akron, Ohio, L.A. Tool & Supply (LAT) is a wholesale distributor of cutting tools and accessories primarily used in the manufacturing sector.
  • BlackHawk Industrial Supply (BIS), located in Tulsa, Oklahoma, provides the highest quality industrial products and equipment, offering manufacturing services while creating innovative engineered supply solutions.
  • Tool & Supply to the BlackHawk Industrial organization filled some geographical and sales relationship needs that were quickly recognized by all parties.

Socio-ecological industrial parks to become an inevitable trend for real estate developers

Retrieved on: 
Wednesday, November 30, 2022

The recent Decree 35 aims to promote specialized, modern, green, clean industrial parks and provide a clearer direction for investors.

Key Points: 
  • The recent Decree 35 aims to promote specialized, modern, green, clean industrial parks and provide a clearer direction for investors.
  • Vietnamese government targets that by 2030, 40-50% of provinces will plan to convert traditional industrial parks into eco-industrial parks.
  • These big manufacturers are looking for high-quality real estate facilities that meet the condition of a sustainable industrial park.
  • Among industrial real estate developers engaging in the trend, Aurora IP, developed by one of Vietnam's leading real estate developers Cat Tuong Group, is oriented to become an eco-smart textile industrial park.

LanzaTech and Sumitomo Riko Partner to Create Substitute for Natural Rubber Production

Retrieved on: 
Tuesday, November 29, 2022

Isoprene is produced by plants, and along with its polymers, is the main component of natural rubber.

Key Points: 
  • Isoprene is produced by plants, and along with its polymers, is the main component of natural rubber.
  • This exciting partnership with Sumitomo represents an opportunity to make a significant positive impact on the production of rubber, said Jennifer Holmgren, Chief Executive Officer, LanzaTech.
  • Approximately 46,000 tons of natural and synthetic rubber are used in our leading rubber products annually, making rubber one of our most important raw materials.
  • Our joint development with LanzaTech aims to recycle rubber waste directly into a substitute for natural rubber.