Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that the company will implement an educational seminar “Japan’s Experience as a Benchmark” in Saudi Arabia. In this seminar, education related people from Saudi Arabia will be invited to Riyadh on February 22. Japanese education experts will introduce the present condition of education in Japan, including problems and those solution by keynote speeches and around table talk.

As the Saudi population and its ratio of young people increase, nationwide measures to strengthen the education system are being put in place. The aim of this seminar is to contribute to such measures. This program is part of the integration and global promotion of Hitachi’s social contribution and CSR activities during 2010, the 100th anniversary of the company’s foundation.

Outline of Educational Seminar “Japan’s Experience as a Benchmark”

In this seminar, education related people from schools, universities, educational organizations and government agencies will be invited to Radisson Blu Hotel in Riyadh to hear keynote speeches and around table talk given by Japanese experts . Specifically, the example of Japan’s post war education, including how Japan adopted western scientific technology and thinking into its conventional culture, will be introduced. The contribution such education has made to Japan’s high economic growth and reconstruction will also be mentioned.

Hitachi aims to contribute to the enhancement of Saudi education through this seminar and the “Hitachi-Saudi Arabia Educational Program”.

In October 2009, Hitachi established a Riyadh branch as its Saudi Arabian base, and was the only Japanese company to take part in the International Exhibition for Higher Education held from January 26 to 29, 2010 in Riyadh. The “Hitachi Future Classroom”, which demonstrated advanced ICT* equipment such as electronic boards and digital pens, was very well received at the exhibition.

Also, in September this year, Hitachi will implement a social contribution program in Saudi Arabia called the “Hitachi-Saudi Arabia Educational Program”. Six teachers and other education related people from Saudi Arabia will be invited to stay in Japan for about one week, during which time they will be introduced to the unique class curriculums. Hitachi will continue to follow up and support the participants after their return to Saudi Arabia.

Saudi Arabia is also planning a variety of educational projects for the future such as public school reform, and Hitachi hopes to contribute to the enhancement of Saudi education through the proposal of educational solutions utilizing its social contribution programs and advanced ICT equipment.

Source: http://www.hitachi.com/New/cnews/100222.html

Mitsubishi Heavy Industries, Ltd. (MHI) and Zhejiang Yungpu Heavy Machinery Co., Ltd. (YUNGPU) in China’s Zhejiang Province have agreed last December on licensing of the technology incorporated into the Mitsubishi-UE, MHI’s low-speed marine diesel engines. The licensing became effective late last month. YUNGPU is the third Chinese company to be licensed Mitsubishi-UE engine technology, and the event will further accelerate these engines’ penetration into the Chinese shipbuilding market, where strong growth is expected. YUNGPU plans to complete manufacture and delivery of the first unit by the end of this year.

The engines licensed to YUNGPU are the UEC37LSII and UEC33LSII, small-size marine diesels with cylinder bores of 370 and 330 millimeters (mm), respectively. Under the licensing agreement YUNGPU can manufacture, sell and provide after-sale services for engines in China.

YUNGPU was established in 2008 in Ningbo, Zhejiang, to manufacture and market low-speed marine engines. The company is currently constructing a plant with an annual production capacity of 120 engines, approximately 1,000,000 horsepower in total, slated for completion in this summer. Once production gets under way, the number of employees will be increased to 550.

Conventionally medium-speed diesel engines have often been used as the main engines of 5,000 to 20,000 deadweight tonnage class bulk carriers. YUNGPU targets manufacturing and marketing fuel-efficient, easy-to-maintain low-speed engines for this category, and this was its incentive behind asking MHI to license its technology.

Mitsubishi-UE is one of three major brands in the global market for marine diesel engines, along with MAN and Wärtsilä. UE engines feature compact size, outstanding operating efficiency and environmental compatibility, such as low-fuel consumption and fewer cylinder lubrication oil rquirement. They are available in a wide range of models to accommodate diverse power output needs.

MHI has previously licensed UE engine technology to two other Chinese companies: large-size UE engines to Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Company Ltd. (QMD)*1 and small-and medium size engines to Yichang Marine Diesel Engine Plant (YMD)*2. With the addition of the new licensing arrangement for small-size UE engines, a dynamic structure will now be established offering a broad range of UE engines to the Chinese market. Boosted by this development, MHI looks to pursue further penetration of its Mitsubishi-UE brand into the global market.

Source: http://www.mhi.co.jp/en/news/story/1002221337.html

Mitsubishi Heavy Industries, Ltd. (MHI) is about to launch local production of rubber tire production machinery in China with the establishment of a wholly owned subsidiary, Changshu Ryoju Machinery Co., Ltd. in Changshu, Jiangsu. With the commencement of production set for this March, the company plans to complete the production plant in February. Spurred by China’s rapid advances in motorization, the world’s major tire manufacturers are all actively entering the Chinese market, and MHI’s initiative is its strategic response to this trend.

As an affiliate of Mitsubishi Heavy Industries (China) Co., Ltd. (MHIC), the regional headquarters established in Beijing last December to oversee MHI’s business in China, the new rubber tire machinery manufacturing company, which is capitalized at 450 million yen, will conduct business by securing funds from MHIC. MHI acquired a plant building with a 5,000 square meter floor space within the Changshu Southeast Economic Development Zone and has been preparing for production launch since last August, including installation of production equipment. The new company will start operations with 64 employees. Minoru Kimura of the Rubber & Tire Machinery Department, Industrial Machinery Business, Technology & Solutions Division at MHI’s Machinery & Steel Structures Headquarters has been appointed General Manager.

[Changshu Ryoju Machinery Co., Ltd.]

While, initially the Chinese plant will perform manufacturing and assembly using major parts received from MHI’s Industrial Machinery Business, Technology & Solutions Division in Hiroshima, the company intends to further enhance and solidify its operation base in China by establishing a supply chain through development and cultivation of local suppliers. Plans call for manufacture of 40 units in the initial business year, increasing to about 160 units within three years. In tandem with this initiative, the production base in Japan - the Industrial Machinery Business, Technology & Solutions Division - will strengthen its function as a technology development center; it will also shift production to machines for use by domestic customers, including high-end models and machines to produce tires for heavy-duty construction vehicles.

Automobile production in China reached 8.89 million units in 2007, 9.35 million in 2008, and exceeded 13.5 million in 2009. This year, production is expected to expand to about 14 million units. Along with this rapid growth, demand for tires has also increased sharply. China’s tire market is expected to be the world’s largest this year, surpassing the US.

As demand for high-performance tires is also rising in China, taking opportunity of the production base establishment, MHI intends to further strengthen its vigorous business development activities of tire machinery, including advanced tire-curing machines to produce high-performance tires.

Source: http://www.mhi.co.jp/en/news/story/1002181336.html

Komatsu Cummins Engine Company Co., Ltd. (KCEC), a joint-venture manufacturer of diesel engines between Komatsu Ltd. and Cummins Inc. in Oyama City, Tochigi Prefecture in Japan, has achieved a major manufacturing milestone with the recent production of its 500,000th engine.

Established in 1993, KCEC commenced the production of Komatsu and Cummins-developed small diesel engines in 1995. KCEC has since produced Quality-and-Reliability-featured diesel engines by capitalizing on the Komatsu Group’s advanced manufacturing technology accumulated over the years. These engines have been mounted on Komatsu hydraulic excavators and other construction equipment while supplied worldwide by Cummins.

KCEC is planning to embark on the commercial production of Tier 4-certified diesel engines for use in construction equipment. Tier 4 regulations will be in effect in Japan, North America and Europe in 2011. KCEC will continue to play the important role of a major supply base of the Komatsu Group for key components of Komatsu construction equipment featuring superior environmental friendliness and fuel economy.

Source: http://www.komatsu.com/CompanyInfo/press/2010021615571219248.html

Saskatchewan Power Corporation (”SaskPower”) and Hitachi, Ltd. (NYSE: HIT/TSE: 6501, “Hitachi”) today announced that they have agreed to collaborate on the advancement and implementation of technology in the fields of Low-Carbon Energy technologies including Carbon Capture and Storage(CCS), AQCS (Air Quality Control System), Boiler and Steam Turbine Generators, while Hitachi Canada Ltd. (”Hitachi Canada”), subsidiary of Hitachi, has been selected to supply the steam turbine for the SaskPower Boundary Dam Integrated Carbon Capture and Sequestration Demonstration Project. One of the world’s first and largest carbon capture projects, it may determine the technical, economic and environmental performance of carbon capture and storage technology.

“Extending back 40 years, SaskPower’s relationship with Hitachi includes work on a variety of generation facilities, including coal, natural gas and wind. Carbon capture and storage can now be added to that list,” said Bill Boyd, Minister responsible for SaskPower. “With changing technology, environmental responsibility and an ever-increasing demand for power, Hitachi has been our partner every step of the way and with the support of Hitachi, SaskPower is leading the development of one of the world’s first and largest carbon capture project.”

“Hitachi Canadian Industries Ltd. was established in Saskatoon in 1988 as a result of the work between SaskPower and Hitachi, and some of the work on this steam turbine will take place there. It is a reflection on the innovative spirit of our province that work on this world-leading project will be done in Saskatchewan by Saskatchewan people.”

The Boundary Dam Integrated Carbon Capture and Sequestration Demonstration Project will transform the aging Unit 3 at Boundary Dam Power Station near Estevan into a reliable, long-term producer of clean baseload electricity, while enhancing provincial oil production and reducing greenhouse gas emissions. The project is also good for the Saskatchewan economy – it will result in capital investment, increased royalty revenues from coal and petroleum production and innovative employment opportunities by extending the life of the coal-fired generating unit for another 30 years.

In 2009 SaskPower invited vendors from around the world to participate in a two-stage procurement process. The first stage was used to identify the most promising proposals, with more detailed proposals developed during the second stage. Hitachi Canada was selected following the evaluation process.

“This is an important development for SaskPower and the entire industry because it is expected to be the first steam turbine in the world designed to fully integrate a coal-fired power plant with carbon capture,” said Mike Monea, vice-president, Integrated Carbon Capture and Sequestration, SaskPower. “It is also another important step as we develop our business case for this project.”

“Innovative partnerships between utilities and technology suppliers are critical to the successful commercialization of low carbon energy options. Based on our forty plus year relationship Hitachi can think of no better partner in this regard than SaskPower,” said Howard Shearer, CEO of Hitachi Canada. “The Boundary Dam Project and the longer term strategic alliance formed under the recently signed collaboration agreement will allow us to jointly develop and deliver the next wave of clean energy technologies to the people of Saskatchewan and beyond.”

The bond between SaskPower and Hitachi was strengthened earlier this month with the signing of a collaboration agreement on low-carbon energy projects during Minister Boyd’s government investment mission to China and Japan. “The steam turbine supply for carbon capture at Boundary Dam demonstrates Hitachi’s contribution to the low-carbon society and builds on the spirit of the collaboration agreement,” said Hitoshi Isa, Vice President and Executive Officer, Chief Executive Officer of Thermal Power Systems, Power Systems Company, Hitachi. “SaskPower and Hitachi will enhance further their long relationship by working together in the field of low-carbon technology.”

That agreement will promote cooperation to shorten the path from demonstration project, called Saskatchewan Reference Facility for CCS, which expects funding from Saskatchewan province and federal government, to commercially viable operation, and ensure the development of new technology at a lower cost.

Source: http://www.hitachi.com/New/cnews/100217a.html

Komatsu Ltd. resolved on a ratio change of its American Depositary Receipts (ADRs). As a result, one ADR, which currently represents four shares of the common stock of Komatsu Ltd, will represent one share of the common stock. New ratio will be effective February 16, 2010 (U.S. EST). The ratio change is intended to make the ADR price more attractive for U.S. investors, particularly retail investors, thus enhancing liquidity of Komatsu ADRs.

[Description]< BR> Summary of the Ratio Change

RamaDBK company has been bidding on behalf of its customers in the machinery auctions for many years.

For the first time, in year 2010, RamaDBK president, Mr Ramanayake, has decided to open even better business opportunities to its customers: this year, RamaDBK offers its customers to come to Japan and to participate directly, in person, to the purchase of machines, guided by RamaDBK staff in the Komatsu Machine Auctions.

The Komatsu auctions are the biggest of the dozen of machinery auctions that take place each March in Japan, the main auction site being situated in Yokohama city, next to RamaDBK Office. Visiting the auctions provides RamaDBK customers a unique occasion to see and examine directly the machines before purchasing.

In the Komatsu auctions, it is possible to get machines in very good condition of all type, some machines reconditioned for the auctions, others even brand new. Mr Ramanayake and Senior Sales Representative Mr Herman have visited the auction site where the machines are already waiting for their new owners to come.

Source: http://ramadbk.com/news-pg/2010-Komatsu-Auction.html

TADANO Ltd. (Representative Director: Koichi Tadano) has decided to establish its sales and service company in Oceania for TADANO products.

1. Circumstances which led to the establishment of said company
As you may know, we at TADANO Ltd. have set our long-term objective to become No.1 in the world in the lifting equipment (LE) industry in line with our intent to promote our overall capabilities and globalize our operations for greater growth.

In this relation, in the Oceania market (including Australia, New Zealand), the sales and service for TADANO products were, up to now, in the hands of independent distributors.

However, we decided to set up our own sales and service subsidiary to strengthen our sales and servicing activities ever closer to end users, in light of further increase in demand for our products to be expected in the future too due to a number of projects to build mining plants being currently under way in the said region which is rich in natural resources, against a backdrop of rising costs of such resources.

2. Outlines of New Subsidiary

3. Contact address for daily business
From now on until the actual commencement of operations of TADANO Oceania in March 2010, all enquiries for mobile cranes.

Source: http://www.tadano.co.jp/ihq/company/news/2010/news0208.html

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Kawasaki Heavy Industries, Ltd. announced today that it has received an order from Larsen & Toubro Ltd. (L&T) in India to provide three gas turbine-driven compression trains and engineering services for offshore gas compression modules. The modules will be installed off Mumbai on a platform to be constructed on the site of the Mumbai High North (MHN) Platform Project, a natural gas field development project operated by Oil and Natural Gas Corporation Limited (ONGC).

The compression module is a compact unit comprised of a compressor, driver, gas cooler, scrubber, valves, controllers and other equipment that compresses natural gas at sea and transports it to land via underwater pipelines. Its modular design enables optimum installation in the limited space available on an offshore platform.

Each compression train consisting of a gas turbine driver and two compressors will be mounted to each of the three compression modules. The modules will be assembled at L&T’s assembly yard in Hazira, India before being installed on the process platform. The platform is scheduled to be delivered to ONGC and go into commercial operation in February 2012.

Kawasaki is one of the few compressor manufacturers that provide comprehensive modular solutions. This latest order is a testament to Kawasaki’s outstanding reliability and proven track record in India and Southeast Asia. This marks the 54th order for a Kawasaki compression module and the 38th to India.

Kawasaki continues to work on expanding sales of its products related to natural gas, a clean energy, as it moves forward to bring its energy and environmental business to new heights.

Source: http://www.khi.co.jp/ba/2010data/ba_c3100204_1.html

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