MHI

MHI Group Presents "Best Innovation 2023" Awards for Activities that Contribute to Protecting the Environment

Retrieved on: 
Wednesday, February 21, 2024
Hydrogen, Filtration, Energy, Toxicity, Tokyo Institute of Technology, LCC, Noto Peninsula, Tremor, CCUS, Engineering, Innovation Center station, LPG, PTFE, Polytetrafluoroethylene, Transport, Engineering Division, Mitsubishi Heavy Industries, Pressure, MHI, HBF, Dioxin, Kyoto University, Carbon, Chemical engineering, Incineration, Taisei Corporation, CO2, Knowledge, Primetals Technologies, Temperature, Logistics, Works, LNG, Government, GTCC, BOG, Renewable energy

Through this in-house program, the Company aims to raise environmental awareness and encourage further innovation among its groupwide employees.

Key Points: 
  • Through this in-house program, the Company aims to raise environmental awareness and encourage further innovation among its groupwide employees.
  • An anchorless construction method enables easy equipment installation and layout changes-, a feature that has brought accolades from multi-tenant warehouse owners.
  • By utilizing knowledge and expertise of MHI group, a "liquefied CO2 handling system" enabling transport of liquefied CO2 in large volumes is being developed.
  • In these ways, MHI Group has been making its initiatives toward realizing a carbon neutral society widely known.

MHI Recognized by CDP as Being at the Leadership Level for Climate Change Earning A- score

Retrieved on: 
Monday, February 19, 2024
CDP, Climate change, Climate, Disclosure, TCFD, MHI

This A-minus is the CDP's second-highest rating and is one rank up from the B ranking MHI received in the previous year.

Key Points: 
  • This A-minus is the CDP's second-highest rating and is one rank up from the B ranking MHI received in the previous year.
  • CDP scoring and collected environmental data are publicly available on CDP's platform and widely referenced by institutional investors and companies.
  • MHI believes this improved rating will enable it to draw broad attention to its progress in addressing climate change in its business activities.
  • Every year since 2002, CDP sends letters to companies on behalf of investors asking those companies to disclose data on their environmental impacts.

Amundi US Announces Portfolio Management Changes for Pioneer Municipal Closed-End Funds

Retrieved on: 
Thursday, February 15, 2024
Banking, Asset Management, Professional Services, Finance, Pioneer, MAV, MHI, Macquarie Group, Security (finance)

Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.

Key Points: 
  • Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.
  • Pioneer Municipal High Income Advantage Fund, Inc. (NYSE: MAV)
    Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)
    Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO)
    Effective February 28, 2024, the following individuals are responsible for the day-to-day management of the Funds.
  • Jake joined Amundi US in February 2024 as Managing Director, Director of Municipals, and Portfolio Manager.
  • Previously, Jake was Managing Director and Senior Portfolio Manager at Macquarie Investment Management, which he joined in 2004.

Mitsubishi Power Receives Order for State-of-the-Art JAC Series GTCC Power Plant for Uzbekistan Navoi 3 Power Plant Project

Retrieved on: 
Tuesday, February 13, 2024
College of Engineering (KNUST), Economic development, MHI, Mitsubishi Heavy Industries, JSC, JAC, Heat, Republic, Electricity, Mitsubishi Electric, GTCC, Renewable energy

This is the third order received by Mitsubishi Power for GTCC equipment for the Navoi Power Plant.

Key Points: 
  • This is the third order received by Mitsubishi Power for GTCC equipment for the Navoi Power Plant.
  • Mitsubishi Power had previously supplied GTCC power generation equipment for the nearby power plants Navoi 1 and Navoi 2, which started operations in 2013 and 2019, respectively.
  • Mitsubishi Power has received many orders for large-scale gas turbines in Uzbekistan, including state-of-the-art JAC and F series.
  • Going forward, Mitsubishi Power will continue to support the stable and efficient operation of the electric power business for the realization of energy transition in Uzbekistan.

MHI Concludes Nissay Positive Impact Finance Agreement

Retrieved on: 
Friday, February 9, 2024
Health, Carbon, MHI, UNEP, Policy, Sustainable Development Goals, Partnership, Growth, Climate change, United Nations, Principle, ESG, R&I, UNEP FI, Nippon Life, UN, Environment, Productivity, Economic development, Risk management

TOKYO, Feb 9, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 6.0 billion yen).

Key Points: 
  • TOKYO, Feb 9, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 6.0 billion yen).
  • Positive Impact Finance (PIF) is a loan intended to provide continuous support for corporate activities while comprehensively analyzing and evaluating the impacts (both positive and negative) that those activities have on the environment, society, and the economy, based on the Principles for Positive Impact Finance and implementation guidelines formulated by the United Nations Environment Programme Finance Initiative (UNEP FI).
  • The Principles for Positive Impact Finance, formulated by the UNEP FI in January 2017, is a financial framework for achieving SDGs.
  • (1) Nissay Positive Impact Finance is ESG-themed investment provided by Nippon Life.

MHI Contributes to Successful Acquisition of First Observation Images by JAXA's "XRISM" X-ray Imaging and Spectroscopy Mission Satellite

Retrieved on: 
Friday, February 9, 2024
MHI, Acquisition, Moon, XRISM, CCD, Galaxy, SLIM, JAXA, Tanegashima Space Center, Plasma, Xtend, Medical imaging

MHI technology supported the data acquisition of the distribution and chemical composition of high-temperature plasma weaving through the galaxies by the XRISM satellite's onboard soft X-ray imager (Xtend) and soft X-ray spectrometer (Resolve).

Key Points: 
  • MHI technology supported the data acquisition of the distribution and chemical composition of high-temperature plasma weaving through the galaxies by the XRISM satellite's onboard soft X-ray imager (Xtend) and soft X-ray spectrometer (Resolve).
  • XRISM's mission is to document, in unprecedented detail, the formation of stars, galaxies and galaxy clusters.
  • MHI, which serves as manufacturer of the mission instruments, is responsible for designing and manufacturing Xtend's X-ray charge coupled devices (CCD) (Note2) detector and the data processors for Xtend and Resolve.
  • The mission data processors employed on both Xtend and Resolve are "SOI-SOC2" satellite-mounted microprocessor units (MPUs) jointly developed by JAXA and MHI.

Mitsubishi Heavy Industries Achieves Large YoY Growth in Order Intake, Revenue, and Profit in Strong Third Quarter, Raises FY2023 Order Intake and Revenue Guidance

Retrieved on: 
Wednesday, February 7, 2024
Commercial aviation, Growth, ADS, Energy, HVAC, Uncertainty, Nuclear power, Business, Ventilation, MHI, Risk, Steam, Yoy

- Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.

Key Points: 
  • - Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.
  • Profit attributable to owners of parent (net income) was JPY138.0 billion, an increase of 107.8% year-over-year, with a profit margin of 4.2%.
  • In Energy Systems, strong demand in Gas Turbine Combined Cycle (GTCC) as well as Nuclear Power served to increase order intake.
  • "Performance during the first three quarters of FY2023 was strong, with large year-over-year growth in order intake, revenue, and profit," Hisato Kozawa, MHI Chief Financial Officer commented.

MHI and Worley Awarded FEED Contract for UK's First CO2 Capture Plant at a Cement Production Facility

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Energy transition, Senior, Buckley, Flintshire, Transport, Environment, Engineering, Front-end loading, Carbon, Ecosystem, Government, FEED, CCS, CO2, Education minister, Business, MHI, Construction, Group Policy, BEIS, CCUS, Kansai Electric Power Company, Energy, Renewable energy

- It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.

Key Points: 
  • - It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.
  • This contract has been awarded in accordance with the progress made by the Padeswood CCS (carbon capture and storage) project planned for the site.
  • MHI was selected after working on the initial competitive Pre-FEED* project study awarded in 2022.
  • The CO2 capture plant could start operation in 2028.

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

Retrieved on: 
Tuesday, February 6, 2024
Banking, Asset Management, Professional Services, Finance, Fund, MAV, Market, PHD, HNW, NAV, MHI, PHT

The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.

Key Points: 
  • The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.
  • The Market Price Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the market price.
  • Shareholders should not draw any conclusions about a fund’s investment performance based on a fund’s current distributions.
  • For performance data on Amundi US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

MODEX-The Biggest Manufacturing and Supply Chain Event of 2024 is Coming to Atlanta March 11-14

Retrieved on: 
Monday, February 5, 2024
Technology, Automotive, Machinery, Machine Tools, Metalworking & Metallurgy, Apps, Applications, Other Defense, General Automotive, Other Retail, Entertainment, Other Energy, HVAC, Energy, Other Education, Training, Logistics, Supply Chain Management, Retail, Defense, Education, Women, Consulting, Electronic Commerce, Professional Services, Other Natural Resources, Celebrity, Consumer, Natural Resources, Other Transport, Other Manufacturing, Commercial Building & Real Estate, Trucking, Textiles, Construction & Property, Rail, Steel, Maritime, Packaging, Air, Engineering, Transport, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Aerospace, Software, Manufacturing, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Artificial Intelligence, Partnership, Funding of science, Warehouse, Consultant, Research, Congress Center, Music, Exhibition, Food, Cook Group, EVP, Material, Climate change mitigation, University, Information, MHI, Transformation, WERC, Health, Beer, Wine, Student, Business, Conference, Woman

When the largest manufacturing and supply chain trade event of 2024, MODEX , returns to Atlanta on March 11 it will include over 1,175 exhibitors from leading solution providers and a comprehensive Educational Conference focusing on best-in-class solutions for manufacturing and supply chain operations.

Key Points: 
  • When the largest manufacturing and supply chain trade event of 2024, MODEX , returns to Atlanta on March 11 it will include over 1,175 exhibitors from leading solution providers and a comprehensive Educational Conference focusing on best-in-class solutions for manufacturing and supply chain operations.
  • This event provides attendees to network and connect with young professionals in the material handling and supply chain industry.
  • MODEX is the largest manufacturing and supply chain expo held in North America and South America.
  • MHI is an international trade association that has represented the material handling, logistics and supply chain industry since 1945.