JGC

KANEKA: “Development of Polymer Synthesis Technology by Microorganisms using CO2 as Direct Raw Material” selected as a NEDO Green Innovation Fund Project”

Retrieved on: 
Friday, March 31, 2023

During the project period (FY2023 to FY2030), the following three themes will be addressed.

Key Points: 
  • During the project period (FY2023 to FY2030), the following three themes will be addressed.
  • Development and demonstration of production technology using microorganisms capable of producing substances from CO2 (Kaneka, JGC HD, Shimadzu)
    Kaneka is the first company in the world to successfully commercialize KANEKA Biodegradable Polymer Green PlanetTM ("Green Planet"), which is produced by microorganisms from vegetable oil and other raw materials.
  • Bacchus aims to drastically shorten the breeding time of smart cells*3 by upgrading the breeding platform consolidating its proprietary technologies.
  • By utilizing its own digital technology, Bacchus will design cells optimized for gas fermentation and create a variety of species.

KBR Awarded Green Ammonia Contract to Meet Growing Clean Energy Demand in Japan

Retrieved on: 
Wednesday, May 11, 2022

Under the terms of the contract, KBR will provide technology licensing and basic engineering for a pilot project under NEDO's Green Innovation Fund in Fukushima, Japan.

Key Points: 
  • Under the terms of the contract, KBR will provide technology licensing and basic engineering for a pilot project under NEDO's Green Innovation Fund in Fukushima, Japan.
  • "Japan is playing a leading role in the adoption of green ammonia to decarbonize our planet," said Doug Kelly, KBR President, Technology.
  • KBR is the world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades.
  • In the green ammonia project, Asahi Kasei supplies green hydrogen from its large-scale alkaline water electrolysis system at the Fukushima Hydrogen Energy Research Field (FH2R) to the ammonia plant.

DOCOMO Concludes a Business Alliance Contract with JGC Corporation to Develop Platforms for DX at Large-scale Plant Construction Sites

Retrieved on: 
Thursday, April 14, 2022

The platform will combine JGC's expertise in on-site operations and project-management knowledge for plant construction and DOCOMO's technologies involving drones, AI, and security.

Key Points: 
  • The platform will combine JGC's expertise in on-site operations and project-management knowledge for plant construction and DOCOMO's technologies involving drones, AI, and security.
  • It will also be powered by Visual Command Center TM, a patented visual construction management solution from US-based company Reconstruct.
  • - Create a 4D model by integrating the schedule data and visualize progress management including construction delays and punctuality.
  • Through this agreement, DOCOMO and JGC will develop platforms for overseas plant construction sites and develop them with higher functionality, and work to create new businesses to contribute to the promotion of DX not only for the overseas plant construction industry but also for all industries.

Fluor-held NuScale Equity Purchased by Japanese Partner

Retrieved on: 
Monday, April 4, 2022

Japan Bank for International Cooperation (JBIC) has joined JNI in making a strategic investment of $110 million in NuScale through a purchase of equity from Fluor Corporation, who remains the majority owner in NuScale.

Key Points: 
  • Japan Bank for International Cooperation (JBIC) has joined JNI in making a strategic investment of $110 million in NuScale through a purchase of equity from Fluor Corporation, who remains the majority owner in NuScale.
  • In 2021, NuScale secured significant investments from Japanese companies, JGC Corporation ( JGC ) and IHI Corporation ( IHI ), signaling Japanese and global growing interest in NuScale as the premier climate solution.
  • With this new announcement, the investment will solidify JNIs position as the single second largest investor in NuScale Power.
  • While NuScale may elect to update these forward-looking statements at some point in the future NuScale specifically disclaims any obligation to do so.

Fluor Announces Japan Bank for International Cooperation Investment of $110 Million Into NuScale Power

Retrieved on: 
Monday, April 4, 2022

Fluor Corporation (NYSE: FLR) announced today that Japan Bank for International Cooperation (JBIC), through Japan NuScale Innovation, LLC, a special purpose investment entity that also includes JGC Holdings Corporation ( JGC ) and IHI Corporation ( IHI ), has purchased a preferred equity position in NuScale Power, LLC, (NuScale) for $110 million from Fluor and other existing NuScale investors.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Japan Bank for International Cooperation (JBIC), through Japan NuScale Innovation, LLC, a special purpose investment entity that also includes JGC Holdings Corporation ( JGC ) and IHI Corporation ( IHI ), has purchased a preferred equity position in NuScale Power, LLC, (NuScale) for $110 million from Fluor and other existing NuScale investors.
  • Following the sale and the currently pending merger of NuScale with Spring Valley Acquisition Corporation, Japan NuScale Innovation, LLC, is expected to hold approximately 8 to 9 percent of NuScale.
  • Fluor will continue to hold a majority interest in NuScale and assist in achieving full commercialization and perform work to advance the Carbon Free Power Project in Idaho.
  • Fluor Corporation (NYSE: FLR) is building a better future by applying world-class expertise to solve its clients greatest challenges.

Kyoto Fusioneering Raises US$18.6M in Oversubscribed Series B Funding Round and Debt Financing

Retrieved on: 
Wednesday, February 2, 2022

KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding. The oversubscribed series B funding round was supported by existing investors, Coral Capital Co., and underwritten by five new investors from some of Japan's top VC firms (in alphabetical order): Daiwa Corporate Investment, DBJ Capital, JAFCO Group, JGC MIRAI Innovation Fund and JIC Venture Growth Investments. This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).

Key Points: 
  • Kyoto Fusioneering Ltd - a fusion reactor technology company, based in Kyoto, Japan - has raised a total of US$18.6M in Series B funding and debt financing.
  • KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding.
  • This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).
  • Were excited to back Kyoto Fusioneering once again, and to see their incredible progress toward building out a fusion energy future.

MedRhythms Announces Addition of Global Brain Corporation and Bose Ventures to Series B Round

Retrieved on: 
Tuesday, November 16, 2021

The follow-on investment brings the Companys total Series B financing to $27 million, an increase from their announcement in July.

Key Points: 
  • The follow-on investment brings the Companys total Series B financing to $27 million, an increase from their announcement in July.
  • MedRhythms cutting edge, patented digital therapeutics platform uses music to directly target the human motor system to improve walking following neurologic disease and injury.
  • Were excited to receive additional Series B funding from leading investors Global Brain and Bose Ventures to accelerate development of our cutting edge digital therapeutics pipeline across multiple therapeutic indications, said Brian Harris, CEO and Co-Founder of MedRhythms.
  • MedRhythms is a digital therapeutics company that uses sensors, music and software to build evidence-based neurologic interventions to measure and improve walking.

Mitsubishi Corporation: Commercial Operations Commence at Cameron LNG

Retrieved on: 
Tuesday, August 11, 2020

TOKYO, Aug 11, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that on August 10 local time, commercial production of liquefied natural gas (LNG) officially commenced from the third and final liquefaction train of the Cameron LNG Project in Louisiana.

Key Points: 
  • TOKYO, Aug 11, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that on August 10 local time, commercial production of liquefied natural gas (LNG) officially commenced from the third and final liquefaction train of the Cameron LNG Project in Louisiana.
  • MC is involved in the project through Japan LNG Investment LLC (JLI), a joint venture with Nippon Yusen Kabushiki Kaisha.
  • JLI owns a 16.6% interest in the project, which is run by Cameron LNG, LLC (CLNG).
  • The Cameron LNG Project is a new value-chain-type business model for MC, one that is less susceptible to oil and gas price volatility.

NextDecade Reducing CO2e Emissions by Optimizing Rio Grande LNG Project

Retrieved on: 
Tuesday, July 14, 2020

NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced the Company is optimizing its Rio Grande LNG project (RGLNG).

Key Points: 
  • NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced the Company is optimizing its Rio Grande LNG project (RGLNG).
  • Multiple optimizations have been identified that will lead to the delivery of a world-class LNG project capable of producing 27 mtpa with just five LNG trains instead of six.
  • NextDecade is a liquefied natural gas (LNG) development company focused on LNG export projects.
  • Its portfolio of LNG projects includes the 27 mtpa Rio Grande LNG export facility in the Port of Brownsville, Texas.

Cryopeak LNG Solutions Corporation Announces First Ever Super-B Train Trailer Availability For LNG Transportation

Retrieved on: 
Monday, January 20, 2020

RICHMOND, British Columbia, Jan. 20, 2020 /PRNewswire/ -- Cryopeak LNG Solutions Corporation , based in Richmond BC, said today it has developed the first-ever "Super B-train" liquefied natural gas (LNG) hauling trailer to optimize small-scale LNG transportation in Canada.

Key Points: 
  • RICHMOND, British Columbia, Jan. 20, 2020 /PRNewswire/ -- Cryopeak LNG Solutions Corporation , based in Richmond BC, said today it has developed the first-ever "Super B-train" liquefied natural gas (LNG) hauling trailer to optimize small-scale LNG transportation in Canada.
  • The trailer is designed to be interoperable across Canada and is in full compliance with Transport Canada rules and regulations for the transportation of liquefied natural gas.
  • The new Super B-train trailer is a break though technology designed to have 70 percent greater capacity than standard trailers operating in Canada today.
  • This new transportation solution will improve the competitiveness of LNG as transportation costs represent often the largest cost of LNG supplied to our customers,"said Calum McClure, CEO of Cryopeak.