Mitsui & Co.

LANZAJET MARKS MAJOR MILESTONE ON ITS FREEDOM PINES FUELS CONSTRUCTION

Retrieved on: 
Tuesday, December 13, 2022
Travel, Shell, Pacific Northwest National Laboratory, USDA, Aircraft, International Airlines Group, Carbon, Aviation biofuel, Partnership, Federal Aviation Administration, Suncor Energy, Friends, Ministry of Energy, PNNL, ATJ, Family, Mitsui & Co., Breakthrough Energy, IAG, Government, Human, SAF, Ethanol, Multimedia, Aviation, DOE, Freedom, Inflation, ANA, All Nippon Airways, Deep Decarbonization Pathways Project, Climate change, FAA, Gasoline, Renewable energy

SOPERTON, Ga., Dec. 13, 2022 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate a major constructiond milestone at the LanzaJet Freedom Pines Fuels facility in Soperton, Georgia. LanzaJet Freedom Pines Fuels is the world's first ethanol-based alcohol-to-jet sustainable aviation fuel (SAF) production plant. Construction will be completed in 2023 with commission and startup beginning next year. The plant will produce 10 million gallons of SAF and renewable diesel per year from ethanol, using a range of sustainable, low carbon intensity ethanol, including from waste-based feedstocks. LanzaJet Freedom Pines Fuels will approximately double the amount of current SAF production in the United States.

Key Points: 
  • SOPERTON, Ga., Dec. 13, 2022 /PRNewswire/ --LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate a major constructiond milestone at the LanzaJet Freedom Pines Fuels facility in Soperton, Georgia.
  • LanzaJet Freedom Pines Fuels is the world's first ethanol-based alcohol-to-jet sustainable aviation fuel (SAF) production plant.
  • LanzaJet Freedom Pines Fuels will approximately double the amount of current SAF production in the United States.
  • LanzaJet Freedom Pines Fuels is expected to complete construction in 2023 and begin its commissioning and startup next year as well.

NMG Announces the Closing of US$50 Million Private Placement by Mitsui, Pallinghurst and Investissement Québec

Retrieved on: 
Tuesday, November 8, 2022
Automotive Manufacturing, EV, Electric Vehicles, Automotive, Technology, Manufacturing, Mining, Minerals, Batteries, Other Technology, Natural Resources, Alternative Energy, Energy, Corporation, News, Mitsui & Co., Industry, Private placement, Company, NYSE, ESG, Regulation, Note, Risk factor, Convertible, Mitsui, Investissement Québec, Forward-looking statement, COVID-19, SEDAR, NMG, Intention, NOU, Théâtre du Nouveau Monde, Securities Act of 1933, TSX Venture Exchange, Person, LTD, Private, Mining, Sale, Security (finance), Risk management, EDGAR

Through the Private Placement, Mitsui subscribed for US$25 million in Convertible Note, while Pallinghurst and IQ each subscribed for US$12.5 million.

Key Points: 
  • Through the Private Placement, Mitsui subscribed for US$25 million in Convertible Note, while Pallinghurst and IQ each subscribed for US$12.5 million.
  • NMG is striving to become a key contributor to the sustainable energy revolution.
  • The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in Qubec, Canada for the growing lithium-ion and fuel cell markets.
  • Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements.

Strategic Partnership Agreement to Develop the Quantum Computing Market in Japan and Asia-Pacific

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Tuesday, October 18, 2022
Data lake, Health care, Achievement, Mitsui, Nutrition, Organization, Cambridge Quantum Computing, Power, Partnership, Software, Health, CEO, JP, Chemistry, Central, EnergySolutions, Climate change, Nippon Steel, Honeywell, Mitsui & Co., Mineral, Solution, Video game console, Management, Microscope

TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.

Key Points: 
  • TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.
  • Mitsui, which is committed to digital transformation, and Quantinuum, one of the world's leading quantum computing companies, integrated across hardware and software, have entered this strategic partnership to develop quantum computing use cases, which are expected to drive significant business transformation and innovation in the future.
  • Today's announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, pioneered by corporate leaders like Mitsui."
  • Joint development of business use cases and business models utilizing quantum computing (pharmaceutical, materials development, energy, mobility, logistics, etc.)

Strategic Partnership Agreement to Develop the Quantum Computing Market in Japan and Asia-Pacific

Retrieved on: 
Tuesday, October 18, 2022
Data lake, Health care, Achievement, Mitsui, Nutrition, Organization, Cambridge Quantum Computing, Power, Partnership, Software, Health, CEO, JP, Chemistry, Central, EnergySolutions, Climate change, Nippon Steel, Honeywell, Mitsui & Co., Mineral, Solution, Video game console, Management, Microscope

TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.

Key Points: 
  • TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui & Co., Ltd ("Mitsui") and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.
  • Mitsui, which is committed to digital transformation, and Quantinuum, one of the world's leading quantum computing companies, integrated across hardware and software, have entered this strategic partnership to develop quantum computing use cases, which are expected to drive significant business transformation and innovation in the future.
  • Today's announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, pioneered by corporate leaders like Mitsui."
  • Joint development of business use cases and business models utilizing quantum computing (pharmaceutical, materials development, energy, mobility, logistics, etc.)

Ben E. Keith Company Awards Ventura Foods Supplier of the Year

Retrieved on: 
Tuesday, October 4, 2022
Ventura County Fair, CHS, Partnership, CHS Inc., Mitsui, Mitsui & Co., Foodservice

FORT WORTH, Texas, Oct. 4, 2022 /PRNewswire/ -- Ventura Foods was named Ben E. Keith Foods' 2022 Supplier of the Year at the company's 39th Annual Supplier Appreciation Day, held October 3, at Ridglea Country Club in Fort Worth, Texas.

Key Points: 
  • FORT WORTH, Texas, Oct. 4, 2022 /PRNewswire/ -- Ventura Foods was named Ben E. Keith Foods' 2022 Supplier of the Year at the company's 39th Annual Supplier Appreciation Day, held October 3, at Ridglea Country Club in Fort Worth, Texas.
  • "Ventura Foods continues to be a long standing and valued business partner of Ben E. Keith Foods," said Mike Sweet, President of Ben E. Keith Foods .
  • "The past several years have been challenging for all of us, especially our customers, and Ventura's continued commitment to the support of those customers, and our divisions, has been unmatched.
  • Ventura Foods is a privately held joint venture of CHS, Inc. and Mitsui & Co., and provides high quality custom food solutions that are staples for the foodservice industry.

FourKites Announces $10M Strategic Investment from Mitsui & Co. to Transform Supply Chains in Asia-Pacific

Retrieved on: 
Tuesday, September 27, 2022
Other Transport, Data Management, Trucking, Technology, Maritime, Logistics, Supply Chain Management, Transport, Other Technology, JP, FedEx, Culture, Efficiency, EnergySolutions, Machine learning, LLC, Nutrition, Growth, CPG, Partnership, Industry, Investment, Central, Transport, General manager, Heel, Zebra Technologies, Mineral, Health care, Multimedia, Atmosphere, Mitsui & Co., Qualcomm Ventures, Fine chemical, Retail, Mitsui

Leading supply chain visibility company FourKites today announces a $10M investment from Mitsui & Co., Ltd. to expand FourKites offerings across the APAC region.

Key Points: 
  • Leading supply chain visibility company FourKites today announces a $10M investment from Mitsui & Co., Ltd. to expand FourKites offerings across the APAC region.
  • This investment encompasses the first phase in an ongoing strategic relationship between FourKites and Mitsui, which the two companies intend to formalise by the end of the year.
  • View the full release here: https://www.businesswire.com/news/home/20220927005141/en/
    FourKites Announces $10M Strategic Investment from Mitsui & Co. to Transform Supply Chains in Asia-Pacific (Graphic: Business Wire)
    Mitsuis investment in FourKites is the culmination of a yearlong effort between the two companies, which included Mitsuis extensive due diligence of the supply chain visibility landscape.
  • FourKites and Mitsui share a culture of innovation, integrity and collaboration, and a broader vision for transforming global supply chains.

Mitsui USA and PurThread Partner to Offer Expansion of PurThread's Technology in Asia

Retrieved on: 
Thursday, September 8, 2022
Partnership, PARK, CEO, Technology, Polymer, EPA, Virus, RESEARCH, Silver, Mitsui, Mask, Fungus, Textile, Mitsui & Co., General manager, Wool

RESEARCH TRIANGLE PARK, N.C., Sept. 8, 2022 /PRNewswire/ -- Mitsui & Co. (U.S.A.), Inc. ("Mitsui USA") and PurThread Technologies, Inc. ("PurThread") have announced an expanded partnership to bring PurThread's patented permanent antimicrobial yarns combined with recycled polymers to production and distribution of textiles and soft goods in Asia.

Key Points: 
  • RESEARCH TRIANGLE PARK, N.C., Sept. 8, 2022 /PRNewswire/ -- Mitsui & Co. (U.S.A.), Inc. ("Mitsui USA") and PurThread Technologies, Inc. ("PurThread") have announced an expanded partnership to bring PurThread's patented permanent antimicrobial yarns combined with recycled polymers to production and distribution of textiles and soft goods in Asia.
  • Adding this technology to a recycled polymer stream creates a unique combination that reflects Mitsui USA's strong commitment to the development and market introduction of state-of-the-art technologies in functional textiles.
  • "We are thrilled to expand the offering of PurThread's antimicrobial yarn by now making it in Asia with recycled polymers," said Lisa T. Grimes, President & CEO of PurThread.
  • While PurThread has been, and continues to be, produced in the US, we want to meet our partners' needs with sourcing available in Asia."

Mitsubishi Power's State-of-the-Art M701JAC Gas Turbine Exceeds 8,000 Actual Operating Hours

Retrieved on: 
Tuesday, September 6, 2022
Hydrogen, MHI, Plant, Takasago, Solution, IPP, Carbon, Juniper J series, Achievement, Intelligence, Temperature, JAC, Mitsubishi Heavy Industries, WWE Performance Center, Energy transition, GTCC, Quality of life, Adoption, Mitsubishi Power Systems Europe, AOH, Mitsui, Economic development, Energy, Industry, Efficiency, Mitsui & Co., Renewable energy, Chonburi Province

TOKYO, Sept 6, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has achieved an accumulated 8,000 hours of actual operating hours (AOH) for its M701JAC gas turbine.

Key Points: 
  • TOKYO, Sept 6, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has achieved an accumulated 8,000 hours of actual operating hours (AOH) for its M701JAC gas turbine.
  • The subject gas turbine unit was installed for gas turbine combined cycle (GTCC) power generation system operated as part of a joint venture between Thailand's Gulf Energy Development Public Company Limited, one of the country's largest independent power producers (IPP), and Mitsui & Co., Ltd.
  • This achievement provides even more solid evidence of the reliability of JAC Series gas turbines.
  • Of these, 52 units are currently in commercial operation, with aggregate operating hours exceeding 1.7 million hours for the J Series as a whole.

ATLAS Welcomes Veteran Space Industry Leader as Chief Growth Officer

Retrieved on: 
Tuesday, August 30, 2022
Data Management, Other Science, Technology, Research, Other Defense, Engineering, Contracts, Aerospace, Manufacturing, Mobile, Wireless, Defense, Satellite, Air, Transport, Telecommunications, Software, Networks, Internet, Science, Hardware, Raytheon Technologies, Software, ATLAS, Computing platform, CGO, Solution, Weintraub, Business development, Leadership, Mitsui, Mitsui & Co., Knowledge, Association, Growth, Industry, Management, Renewable energy

ATLAS Space Operations , a global leader in cloud-based space communications solutions, today announced that they have brought on renowned space industry business leader T.I.

Key Points: 
  • ATLAS Space Operations , a global leader in cloud-based space communications solutions, today announced that they have brought on renowned space industry business leader T.I.
  • Weintraub to lead their strategic growth initiatives as the companys new Chief Growth Officer (CGO).
  • The addition of the Chief Growth Officer role for ATLAS comes at a crucial time.
  • ATLAS Space Operations is a leading provider of Ground Software as a Service solutions in the space communications industry.

ATLAS Space Operations Secures $26M in Series B Funding Led by Mitsui

Retrieved on: 
Thursday, August 25, 2022
Defense, Transportation, Travel, Engineering, Trucking, Rail, Aerospace, Air, Manufacturing, Transport, Mobile, Wireless, Other Technology, Software, Research, Networks, Other Defense, Hardware, Data Management, Small Business, University, Technology, Public Transport, Education, Security, Satellite, Science, Professional Services, Partnership, JP, CEO, Computing platform, Private sector, Government, Solution, Mitsui & Co., Central, Mineral, Investment, Spaceflight, Inc., Association, Growth, Acquisition, Â, General manager, Renewable energy, Communications satellite, Rest, Mitsui

ATLAS Space Operations , a global leader in cloud-based space communications solutions, today announced $26 million in Series B Funding led by Mitsui & Co., Ltd.

Key Points: 
  • ATLAS Space Operations , a global leader in cloud-based space communications solutions, today announced $26 million in Series B Funding led by Mitsui & Co., Ltd.
  • For Mitsui, its investment in ATLAS further demonstrates the corporations commitment to its space portfolio.
  • Kazutomi Shigeeda, General Manager of Space Business Department in Mitsui, stated, This investment in ATLAS expands our space business as a service provider for satellite operators.
  • ATLAS Space Operations is a leading provider of Ground Software as a Service solutions in the space communications industry.