Mitsubishi Hitachi Power Systems, Ltd.
Mitsubishi Heavy Industries Mechatronics Systems, Ltd.
Hitachi Plant Construction, Ltd.

Agreements Concluded onLaunch of New Mitsubishi Hitachi Power Systems Group Company
Handling Precipitator Systems-- Company Name Decided and President Appointed -Yokohama, August 4, 2015 – Mitsubishi Hitachi Power Systems, Ltd. (MHPS),
Mitsubishi Heavy Industries Mechatronics Systems, Ltd. (MHI-MS) and Hitachi Plant
Construction, Ltd. (HPC) today announced that they have decided to integrate theprecipitator businesses of MHI-MS and HPC and launch a new MHPS group company,
which will be named as Mitsubishi Hitachi Power Systems Environmental Solutions, Ltd.
(MHPS-ES). The preparatory company of the new enterprise has concluded agreementswith each of MHI-MS and HPC, delineating the details of the new undertakings.
MHPS-ES is to launch on October 1, with MHI-MS Director Shoichi Onishi assuming thepost of president. The addition of precipitator systems to the MHPS group’s current
offerings of air quality control systems (AQCS) will complete the product lineup, thereby
further strengthening the group’s AQCS business.
MHPS-ES will launch as a wholly owned subsidiary of MHPS. Through anabsorption-type company split, MHPS-ES will succeed the precipitator systems
businesses of MHI-MS and HPC. MHPS-ES will undertake the design, manufacture, sale,construction and after-sale service of electrostatic precipitators (ESP) and related
facilities such as fabric filters (FF). Plans call for an initial annual business scale ofapproximately 15 billion yen. Capitalization has been set at 450 million yen. The head
office will be located in Yokohama, and staff upon launch will number approximately260.
Establishment of MHPS-ES comes as the result of MHPS, MHI-MS and HPC’s sharedaspirations to strengthen and expand their precipitator systems businesses. By adding theprecipitator systems to MHPS’s current AQCS offerings, which include denitrification
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(De-NOx) systems, flue gas desulfurization (FGD) systems, gas-gas heaters (GGH), heatrecovery systems and GGH reheaters, MHPS group will have a full lineup. MHPS-ES
will accelerate the global expansion of the precipitator systems business by fully utilizing
the MHPS’s significant capability in the overseas market.
Furthermore, MHPS-ES will take advantage of MHI-MS and HPC’s strengths in theindustrial market, and will strengthen its competitiveness in market segments other thanpower companies, as well as enhancing after-sale service businesses.
Profile of the New Company
Name

Mitsubishi Hitachi Power Systems Environmental Solutions, Ltd.

Head office

Yokohama, Kanagawa Prefecture, Japan

Representative

Shoichi Onishi (currently, MHI-MS Director)

Business

Design, manufacture, sale, construction and after-sale service ofelectrostatic precipitators and related facilities (fabric filters, etc.)

Employees

Approximately 260

Capital

450 million yen

Start of operations

October 1, 2015###PRESS CONTACT:
Mitsubishi Hitachi Power Systems, Ltd. / Mitsubishi Heavy Industries Mechatronics
Systems, Ltd.
Hideo Ikuno: h.ikuno@daiya-pr.co.jp
Tel: +813-6716-5277, Fax: +813-6716-5929
Daiya PR (in charge of public relations for Mitsubishi Heavy Industries, Ltd.)

Hitachi Plant Construction, Ltd.
Yoshimasa Doi: yoshimasa.doi.pb@hitachi.com
Tel: +81-3-5208-9325（Corporate Brand & Communications Division, Hitachi, Ltd.）

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