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Tonami Holdings Co Ltd to Establish Joint Venture with Seven Other Companies

Wednesday, 25 Sep 2013 02:00am EDT 

NIPPON FILCON CO LTD announced that it will establish a joint venture Alhytec Inc. in Toyama, Japan, with seven other companies including Tonami Holdings Co Ltd, SUGINO MACHINE LIMITED, Asahi Printing Co Ltd and TAKAGI SEIKO CORP, in October 2013. The joint venture will be engaged in development, planning, sale and maintenance of energy and resource recycling systems, the sale of energy and recyclable resources, as well as power generation and supply, with a registered capital of JPY 200 million. NIPPON FILCON will hold 10%, Tonami Holdings Co Ltd will hold 49%, SUGINO MACHINE LIMITED will hold 15%, Asahi Printing Co Ltd will hold 6% and TAKAGI SEIKO CORP will hold 5% in the joint venture. 

Company Quote

-8.0 -1.85%
1 May 2015