HyEng Corp. established for joint development
Published by Pippa Luck,
Editorial Assistant
Hydrocarbon Engineering,
Three of Japan’s leading marine engine manufacturers, Kawasaki Heavy Industries Ltd., Yanmar Power Technology Co. Ltd., and Japan Engine Corp. have concluded a joint venture contract for combined investment, and have announced the joint establishment of a new company HyEng Corp.
With a view to contributing to decarbonisation in Japan, and promoting development of shipbuilding and maritime industry, the three companies have completed an agreement to facilitate joint investment in establishing a new company, HyEng Corp., which will pursue joint development of world-leading marine hydrogen-fueled engines. This announcement was shared at the ‘Zero Emission Ships’ seminar held by the Nippon Foundation in May 2021.
With the establishment of HyEng Corp., the three companies will further advance their joint development activities and accelerate their drive to develop new markets for decarbonisation in the marine domain.
Read the article online at: https://www.hydrocarbonengineering.com/the-environment/04082021/hyeng-corp-established-for-joint-development/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Watlow expands facility in Malaysia
Watlow accelerates growth in Malaysia with expanded facility and long-term commitment to southeast Asia’s industrial development.
