Marubeni

Hudbay and Marubeni Sign Flin Flon Option Agreement to Advance Exploration Partnership

Retrieved on: 
Wednesday, March 13, 2024

“This exploration partnership with Marubeni represents a significant milestone towards unlocking potential future value in the Flin Flon region,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.

Key Points: 
  • “This exploration partnership with Marubeni represents a significant milestone towards unlocking potential future value in the Flin Flon region,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
  • “This arrangement allows us to partner with Marubeni and leverage our operational and exploration expertise to test our large Flin Flon land package to potentially bring another mine into production and utilize Hudbay’s idle processing infrastructure in Flin Flon.
  • Upon successful completion of Marubeni’s earn-in obligations, Marubeni may exercise its Option to form a joint venture with Hudbay for any of the designated projects.
  • Hudbay has granted Marubeni an option to acquire a 20% interest in three projects located within trucking distance of Hudbay’s processing facilities in Flin Flon, Manitoba.

Central Japan Startup Ecosystem Holds Symposium on "Homeland of Mobility 5.0 - Leading Society to the Next Generation"

Retrieved on: 
Friday, March 1, 2024

The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."

Key Points: 
  • The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."
  • The event effectively communicated the strength of the Central Japan Ecosystem to overseas media and successfully achieved coverage in key media.
  • Toshio Sumi (Director, Economic Affairs Bureau Startup Support Office, Innovation Department, Nagoya City Economic Affairs Bureau) provided an overview of Central Japan, its history of innovation and manufacturing, and initiatives from the Central Japan Startup Ecosystem.
  • Central Japan Startup Ecosystem provides everything a startup needs – from highly trained workers in many specialized fields to opportunities to conduct feasibility studies with leading companies in various industries including the mobility sector.

Central Japan Startup Ecosystem Holds Symposium on "Homeland of Mobility 5.0 - Leading Society to the Next Generation"

Retrieved on: 
Friday, March 1, 2024

The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."

Key Points: 
  • The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."
  • The event effectively communicated the strength of the Central Japan Ecosystem to overseas media and successfully achieved coverage in key media.
  • Toshio Sumi (Director, Economic Affairs Bureau Startup Support Office, Innovation Department, Nagoya City Economic Affairs Bureau) provided an overview of Central Japan, its history of innovation and manufacturing, and initiatives from the Central Japan Startup Ecosystem.
  • Central Japan Startup Ecosystem provides everything a startup needs – from highly trained workers in many specialized fields to opportunities to conduct feasibility studies with leading companies in various industries including the mobility sector.

United Adds New Corporate Partners to Sustainable Flight Fund That Now Exceeds $200 Million

Retrieved on: 
Wednesday, February 14, 2024

CHICAGO, Feb. 14, 2024 /PRNewswire/ -- United today announced that Aircastle (a Marubeni & Mizuho Leasing Company), Air New Zealand, Embraer, Google, HIS, Natixis Corporate & Investment Banking, Safran Corporate Ventures, and Technip Energies are now among the 22 corporate partners that make up the airline's The United Airlines Ventures Sustainable Flight FundSM, a first-of-its kind effort to reduce emissions and drive production of sustainable aviation fuel (SAF) through investments in startups.

Key Points: 
  • Since its inception in February 2023, the Fund remains aviation's first and only venture fund backed by a broad limited partner base and created to identify and support startups advancing feedstock and technology development focused on increasing the supply of SAF.
  • The airline has included a way for everyday consumers to participate as well.
  • Anyone using United.com or the United app has an option to contribute to supplement United's investment in the UAV Sustainable Flight FundSM before check-out.
  • In less than 12 months, more than 115,000 people have contributed nearly $500,000 since February 2023.

Diana Shipping Inc. Announces the Signing of Shipbuilding Contracts for Two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels

Retrieved on: 
Wednesday, February 14, 2024

ATHENS, Greece, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.

Key Points: 
  • ATHENS, Greece, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.
  • The vessels are expected to be delivered to the Company by the second half of 2027 and the first half of 2028, respectively.
  • When powered by green methanol, the vessels are designed to produce near-zero GHG emissions based on the well-to-wake (WTW) fuel life cycle assessment (LCA) methodology.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

United Kingdom Construction Industry Report 2023: Market to Shrink by 2.8% in Real Terms in 2024 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 16, 2024

The "United Kingdom (UK) Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market France, 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United Kingdom (UK) Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market France, 2023-2027" report has been added to ResearchAndMarkets.com's offering.
  • The rising number of insolvencies in the construction industry will also pose a downside risk to the industry's output in the coming quarters.
  • According to the UK government's monthly insolvency statistics, 4,287 construction firms collapsed in the last 12 months, ending September 2023.
  • Of the total, 212 companies were involved in civil engineering works, 1,600 in building construction activities, and 2,475 in specialized construction activities.

PIC Group Renewed as Halifax County Biomass Plant Operator

Retrieved on: 
Wednesday, January 3, 2024

NOVEC Energy Production Halifax County Biomass, a South Boston Energy company, has renewed the Operation and Maintenance Agreement (O&M Agreement) with PIC Group for the Halifax County 49.9MW biomass power station through 2026.

Key Points: 
  • NOVEC Energy Production Halifax County Biomass, a South Boston Energy company, has renewed the Operation and Maintenance Agreement (O&M Agreement) with PIC Group for the Halifax County 49.9MW biomass power station through 2026.
  • Under the terms of the O&M Agreement, PIC Group will be fully responsible for day-to-day operation and maintenance services of the biomass power station, located in Halifax County, Virginia that uses wood waste as a feedstock to provide enough renewable energy to power the equivalent of 16,000 households.
  • “We are proud to be partnered with PIC Group.”
    “At PIC Group, we strive to assure the high-level performance of each power plant we manage,” said Frank Avery, President, and CEO at PIC Group.
  • “The renewal of our service agreement with NOVEC Energy Production Halifax County Biomass is evidence of our ongoing success.”
    Founded in 1988, PIC Group, Inc. is dedicated to delivering value by providing global energy services to facilities across four continents – North America, South America, Asia, and Africa.

KBRA Assigns Preliminary Ratings to Auxilior Term Funding 2023-1, LLC

Retrieved on: 
Monday, November 27, 2023

KBRA assigns preliminary ratings to seven classes of notes issued by Auxilior Term Funding 2023-1, LLC (Auxilior 2023-1) and equipment ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to seven classes of notes issued by Auxilior Term Funding 2023-1, LLC (Auxilior 2023-1) and equipment ABS transaction.
  • Auxilior 2023-1 represents Auxilior Capital Partners, Inc.’s (Auxilior or the Company) first equipment ABS.
  • Auxilior is an independent finance company founded in 2020 and located in Plymouth Meeting, PA.
  • Auxilior 2023-1 will issue seven classes of notes, including a short term money market tranche.

VINFAST AND MARUBENI COLLABORATE TO REPURPOSE EV BATTERIES

Retrieved on: 
Monday, December 18, 2023

Under the MOU , VinFast and Marubeni will collaborate on researching and manufacturing Battery Energy Storage Systems (BESS) using recycled electric vehicle batteries, with VinFast supplying used electric vehicle batteries and Marubeni conducting feasibility assessments, technical consulting, and BESS deployment.

Key Points: 
  • Under the MOU , VinFast and Marubeni will collaborate on researching and manufacturing Battery Energy Storage Systems (BESS) using recycled electric vehicle batteries, with VinFast supplying used electric vehicle batteries and Marubeni conducting feasibility assessments, technical consulting, and BESS deployment.
  • Marubeni is expected to leverage exclusive technology from its strategic partner to recycle VinFast's electric vehicle batteries, repurposing them into affordable and easily manufacturable BESS without the need for disassembly, processing and repackaging of the batteries.
  • Mr. Pham Nhat Quan Anh, Deputy CEO of VinFast Manufacturing Division, said: "We are delighted to collaborate with Marubeni to jointly research and implement clean energy and innovative energy storage solutions.
  • , a subsidiary of the Marubeni Corporation, signed an agreement withVinES Energy Solution Joint Stock Company, a subsidiary of VinFast and a manufacturer of electric vehicle batteries and BESS products.

Fosun Pharma's Global Multi-Center Phase III Clinical Trial Project for A New Antimalarial Drug Receives 500 Million Japanese Yen Investment from GHIT Fund to Jointly Improve the Global Accessibility of Antimalarial Drugs

Retrieved on: 
Thursday, December 14, 2023

This is the first time GHIT Fund has invested in a research project led by a Chinese pharmaceutical company.

Key Points: 
  • This is the first time GHIT Fund has invested in a research project led by a Chinese pharmaceutical company.
  • Importantly, the project includes the development of a co-formulated child-friendly version, given that most malaria cases are in children[3].
  • Wen Deyong, CEO of Fosun Pharma, said, "We are very pleased to work with GHIT Fund to promote the clinical research on this antimalarial innovator drug.
  • Fosun Pharma has actively carried out community-oriented "Child Malaria Prevention Knowledge Popularization Projects" in 14 malaria-endemic countries in Africa.