Search results for: MHPS

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  • 27 May 2016
    Business & Finance

    The Finnish manufacturer of cranes Konecranes Plc could soon complete the acquisition of Terex Corporation’s Material Handling & Port Solutions (MHPS) segment as China’s Zoomlion Heavy Industries Science & Technology decided to terminate its merger plans with Terex. In mid-May, Konecranes and Terex sealed a deal for the sale of the MHPS segment and decided to end their previous merger plans. However, as […]

  • 5 January 2017
    Business & Finance

    Finnish manufacturer of cranes Konecranes Plc has completed the acquisition of Terex Corporation’s Material Handling & Port Solutions (MHPS) business. The company said that the acquisition of MHPS will improve its position “as a focused global leader in the industrial lifting and port solutions market.” Of the total of EUR 140 million p.a. synergies targeted […]

  • 9 August 2016
    Business & Finance

    The European Commission has granted its approval to Finnish manufacturer of cranes Konecranes Plc for its pending acquisition of US-based Terex Corporation’s Material Handling & Port Solutions (MHPS) business. Konecranes has launched the divestiture process of its STAHL CraneSystems business, as the approval is conditional on a commitment to divest the segment. Furthermore, Konecranes and Terex are not […]

  • 22 November 2017
    Project & Tenders

    Mitsubishi Heavy Industries Group has completed testing of MHPS’s 2-shaft 120 MW H-100 gas turbine. 

  • 6 November 2017

    Japanese gas turbine producer Mitsubishi Hitachi Power Systems (MHPS) has secured an order to supply two gas turbines for an LNG-fired power plant project developed by China’s Qingdao Energy Kaiyuan Thermoelectricity Co. The 80 megawatt (MW) gas turbine combined cycle power plant will provide power and heat for industrial processes and companies in the Qingdao […]

  • 22 May 2015
    Project & Tenders

    Mitsubishi Hitachi Power Systems, jointly with Marubeni Corporation, has received an order for two M501J gas turbines and a steam turbine for the new 950 megawatt class LNG-fired Pyeongtaek Combined Cycle Power Plant to be built by Shin Pyeongtaek Power.

  • 22 May 2015
    Project & Tenders

    Mitsubishi Hitachi Power Systems, jointly with Marubeni Corporation, has received an order for two M501J gas turbines and a steam turbine for the new 950 megawatt class LNG-fired Pyeongtaek Combined Cycle Power Plant to be built by Shin Pyeongtaek Power.

  • 3 August 2016
    Business & Finance

    Finnish manufacturer of cranes Konecranes Plc has signed EUR 1.5 billion (USD 1.6 billion) unsecured financing facilities to fund the proposed acquisition of US-based Terex Corporation’s Material Handling & Port Solutions (MHPS) business. The company said that the committed credit facility includes a syndicated EUR 300 million term loan with a tenor of three years, EUR […]

  • 12 March 2018

    Gas turbine developed for mechanical drive applications by a trio of Mitsubishi companies received full Shell qualification following detailed technical review.

  • 28 August 2018
    Business & Finance, Rules & Regulation

    Mitsubishi Shipbuilding, Mitsubishi Hitachi Power Systems to cooperate with CHI Dalian on scrubbers.

  • 16 May 2016
    Business & Finance

    After they postponed their merger in February 2016, the Finnish manufacturer of cranes Konecranes Plc and US-based lifting and material handling company Terex Corporation now terminated the previous plan and sealed a deal for the sale of Terex’s Material Handling & Port Solutions (MHPS) segment. Under the new agreement, valued at EUR 1.13 billion (USD 1.28 billion), Konecranes would acquire MHPS in order […]

  • 4 February 2020
    Business & Finance

    SIMEC Atlantis Energy has opened its first office in Nagasaki, Japan. This is the second office the company has opened in Asia and will compliment Atlantis’ presence in Singapore. The primary function of the new entity, which is called Atlantis Operations Japan (AOJ), will be to manage the construction works that are to be carried […]

  • 26 January 2018
    Project & Tenders

    Japan’s Tohoku Electric has reportedly snapped up a single cargo of liquefied natural gas (LNG) for delivery in March.

  • 20 October 2017
    Business & Finance

    Japan’s Mitsubishi Heavy Industries Group is planning to switch the focus of its commercial shipbuilding branch to areas such as gas-powered ships as part of a dramatic reform of its shipbuilding arm. The option is being pursued on the back of ever more stringent environmental regulations in the field of maritime transport which is likely […]

  • 1 June 2018
    Business & Finance

    Mitsubishi Shipbuilding, MHPS launched an advanced SOx abatement system suitable for giant boxships.

  • 12 March 2019

    MHI Group said it has completed successive technical qualification, conducted by oil majors and engineering companies on Mitsubishi Hitachi Power Systems’ 120MW H-100 Gas Turbine.

  • 16 March 2018
    Project & Tenders

    Japan’s Electric Power has snapped up a single cargo of liquefied natural gas (LNG) for May delivery. 

  • 1 April 2019
    Equipment, Project & Tenders

    Japan’s Mitsubishi Heavy Industries (MHI) has reached an agreement with ExxonMobil to supply a gas turbine and compressor packages for the Rovuma LNG Phase 1 project in Mozambique.

  • 2 June 2017
    Business & Finance

    Mitsubishi Heavy Industries (MHI) and Mitsubishi Hitachi Power Systems (MHPS) have jointly developed a large-scale rectangular marine scrubber that removes sulfur oxides (SOx) from the exhaust gases emitted by marine diesel engines. Created in response to new, more stringent SOx emissions regulations that come into effect globally from 2020, the new scrubber is able to purify […]

  • 25 January 2017
    Business & Finance

    Japan’s Mitsubishi Heavy Industries (MHI) has formed a specialized Oil & Gas Division within its Houston-based U.S. subsidiary, Mitsubishi Heavy Industries America (MHIA). MHI said on Tuesday that the new division would provide a one-stop shop for solutions to the upstream, LNG, and downstream markets. MHI President and CEO Shunichi Miyanaga said: “Many of MHI’s leading technologies trace […]

  • 17 June 2014
    Business & Finance

    Mitsubishi Heavy Industries, Ltd (MHI) and Siemens AG have joined forces and provided a proposal for the French multinational conglomerate, Alstom. Pursuant to this, MHI and Siemens propose several transactions in order to preserve Alstom’s current perimeter in almost all its activities, enhance its industrial sustainability, strengthen its position as a diversified global player in […]

  • 17 June 2014
    Business & Finance

    Mitsubishi Heavy Industries, Ltd (MHI) and Siemens AG have joined forces and provided a proposal for the French multinational conglomerate, Alstom. Pursuant to this, MHI and Siemens propose several transactions in order to preserve Alstom’s current perimeter in almost all its activities, enhance its industrial sustainability, strengthen its position as a diversified global player in […]