Tag: Japan

For family-owned businesses, the succession of ownership represents a pivotal moment in company history. Recently, Sankyo of Japan joined a growing list of companies that have undergone generational transition, with the CEO’s son assuming corporate control from his father. The successful passage of power between generations will be crucial to the global economy in coming years, as family enterprises make up a significant portion of the world’s businesses.

NIPPON STEEL Stainless Steel Corporation, the largest stainless steel producer in Japan, has established the brand new trademark of NSSTS for its distinctive lineup of steel grades.The company plans to integrate and consolidate the existing trademarks and steel grades made by the former three companies into NSSTS accordingly.

Toyo Engineering Corporation has been awarded a contract for a project to construct a 51,500kW biomass power plant. This plant will be built in Ishikari-shi, Hokkaido, Japan for Ishikari Shinko New Energy Hatsuden Godo Kaisha.

Starting April 1, 2019, Nippon Steel & Sumitomo Metal Corporation (NSSMC) will change its corporate name to Nippon Steel Corporation (Nippon Steel) as disclosed on May 16, 2018.

Bharat Heavy Electricals Limited (BHEL) has entered into a Technology Collaboration Agreement with Kawasaki Heavy Industries, Ltd.

Odfjell SE has purchased M/T Argent Eyebright. The vessel was built in November 2009 by Kitanihon Shipbuilding in Japan. The vessel has 16 stainless steel tanks and fits well with Odfjell fleet of Large Stainless Steel Tankers.

Japan has the procurement responsibility for 9 of ITER's 19 superconducting toroidal field winding packs and all 19 of the toroidal field coil cases.

Odfjell SE announced the signing of long term charter agreements for two chemical tankers with stainless steel cargo tanks, for construction in Japan.

Japan is one of the world’s leading producers of quality stainless steels. While the local market is fairly buoyant, local producer must contend with their share of trials including a volatile currency and low-cost imports. Stainless Steel World spoke to Mr Takashi Imai, President of the All Japan Stainless Steel Distributors Association and President of Daiwa Special Steel Co. Ltd, about Japan’s stainless steel market.

INPEX CORPORATION (INPEX) has been commissioned by the Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry (METI) of Japan to drill one exploratory well for the agency’s Heisei 26~28 domestic offshore drilling programme in Japan.