Mitsui & Co. finalizes investment in ADNOC’s Ruwais LNG project

Mitsui & Co. finalizes investment in ADNOC’s Ruwais LNG project

Mitsui & Co., Ltd. Has announced a significant investment decision in the Ruwais LNG project located in Al Ruwais Industrial City, Abu Dhabi, United Arab Emirates. This development, steered by Abu Dhabi National Oil Company (“ADNOC”), marks a substantial venture into natural gas liquefaction, with Mitsui’s wholly-owned subsidiary MBK Investment Management Netherlands B.V. (“MIM”) collaborating […]

Quantinuum closes $300m equity fundraise, valued at $5bn pre-money

Quantinuum closes $300m equity fundraise, valued at $5bn pre-money

Quantinuum, a global leader in integrated quantum computing, has announced the closing of a substantial $300 million equity fundraise. This financial milestone, achieved at a pre-money valuation of $5 billion, is anchored by strategic partner JPMorgan Chase, along with contributions from Mitsui & Co., Amgen, and Honeywell, which continues to be the company’s majority shareholder. […]

RWE, Mitsui, and Osaka Gas to build 684MW offshore wind project in Japan

RWE, Mitsui, and Osaka Gas to build 684MW offshore wind project in Japan

RWE Offshore Wind Japan Murakami-Tainai K.K., in a consortium with Mitsui & Co., Ltd. (“Mitsui”) and Osaka Gas Co., Ltd. (“Osaka Gas”), has been selected to develop a substantial 684-megawatt (MW) offshore wind project off the coast of Murakami and Tainai, Niigata Prefecture, Japan. The Japanese Government has appointed the consortium in its latest offshore […]

Mitsui to buy 70% stake in food ingredients manufacturer Nutrinova

Mitsui to buy 70% stake in food ingredients manufacturer Nutrinova

Japanese conglomerate Mitsui & Co. is set to acquire a 70% stake in Nutrinova Netherlands B.V., a subsidiary of American chemical company Celanese Corporation that manufactures and sells functional food ingredients. The share purchase, valued at approximately $472.5 million (around ¥66.0 billion), will see Nutrinova Netherlands becoming Mitsui’s equity method affiliate. The acquisition, subject to […]

Cameron liquefaction project : McDermott, Chiyoda introduce feed gas to Train 2

Cameron liquefaction project : McDermott, Chiyoda introduce feed gas to Train 2

McDermott International and Chiyoda International said that the second train of the Cameron liquefaction project in Louisiana has entered the final commissioning stage. The two companies jointly hold the engineering, procurement and construction contract, worth around $6 billion, for the LNG export project in Hackberry. McDermott and Chiyoda introduced pipeline feed gas into Train 2 […]