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.