Mitsubishi Hitachi Power Systems (MHPS), Mitsubishi Heavy Industries Mechatronics Systems (MHI-MS) and Hitachi Plant Construction (HPC) have decided to integrate the electrostatic precipitator businesses of MHI-MS and HPC and launch a new MHPS group company under the name Mitsubishi Hitachi Power Systems Environmental Solutions (MHPS-ES). The preparatory company has concluded agreements with MHI-MS and HPC, setting out the details of the new undertaking, which is to launch on 1 October. MHI-MS director Shoichi Onishi has been appointed president.
MHPS-ES will launch as a wholly owned subsidiary of MHPS. MHPS-ES will undertake the design, manufacture, sale, construction and after-sale service of electrostatic precipitators and related facilities such as fabric filters. Plans call for an initial annual business scale of approximately 15 billion yen. Capitalisation has been set at 450 million yen. The head office will be located in Yokohama.
Establishment of MHPS-ES comes as the result of MHPS, MHI-MS and HPC's shared aspirations to strengthen and expand their precipitator systems businesses. It adds to MHPS's current AQCS offerings, which include denitrification (De-NOx) systems, flue gas desulphurisation (FGD) systems, gas-gas heaters and heat recovery systems.
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