Tag: Japan
Primetals Technologies receives an order from Tokyo Steel
Primetals Technologies to upgrade Tokyo Steel’s hot-dip galvanizing line by 2027.
JERA signs Heads of Agreement with Woodside
JERA and Woodside have signed a non-binding agreement for LNG supply from Woodside’s portfolio, including the Scarborough gas field in Australia, targeting Japan’s peak winter energy demand. The agreement outlines the potential annual purchase of three LNG cargoes from FY 2027.
Nippon Steel to invest USD 6bn in electric arc furnaces
Nippon Steel is investing USD 6.05 billion to build and upgrade electric arc furnaces at three Japanese facilities to cut carbon emissions, supported by government subsidies. The project is part of Japan’s decarbonisation efforts under the Green Transformation Promotion Act, targeting full operation by FY 2028/2029.
IDMO smart factory for commercial-scale cell therapy manufacturing in Japan
Cellares and Mitsui Fudosan are constructing Japan’s first IDMO Smart Factory for automated CAR-T cell therapy manufacturing in Kashiwa City. Set to employ 350 people, the high-tech site will enable cost-effective and scalable biologic production across Asia.
Nippon Steel sets sights on a growing overseas market
Nippon Steel is pursuing a USD 15bn bid to acquire U.S. Steel to grow its presence in India, Southeast Asia, and the U.S.
The company exports about 70% of its output, with plans to expand its production capacity overseas due to declining domestic demand in Japan. Under the proposed deal, U.S. Steel would become a subsidiary of Nippon Steel, maintaining its name and headquarters in Pittsburgh.
Seatrium to build heavy lift vessel for Japan’s POC
Seatrium has revealed that its subsidiary has signed a Letter of Intent (LoI) with Penta-Ocean Construction (POC) to build a heavy lift vessel to serve the Japanese offshore wind market.