Tuesday, May 28, 2013

Nippon to Establish Energy Business

Nippon Paper Industries Co., Ltd. is pleased to announce that as of June 27 it will establish its Energy Business Division and set up its Energy Business Department within the new division in an organizational reform of the company.
Nippon Paper Industries has been boosting development of businesses other than paper, and above all it has been promoting expansion of its energy business, in which it can leverage its strengths. Nippon Paper Industries had decided to newly introduce Japan's first biomass power generation project utilizing 100% unused woody materials at Yatsushiro mill (Yatsushiro, Kumamoto Prefecture), and Shikoku's largest mega-solar project in Komatsushima-shi, Tokushima (on land owned by Nippon Paper Industries) in fiscal year 2014.