[May 17, 2013] Kyodo Industry Brief (May 17) -2- Tweet (Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, May 17 -- (Kyodo) _ ---------- 3 Japanese firms to invest in U.S. LNG project TOKYO - Japanese trading houses Mitsui & Co. and Mitsubishi Corp., and shipping firm Nippon Yusen K.K. said they will invest in a U.S. liquefied natural gas project to secure future LNG imports into Japan. Mitsui and a Mitsubishi-Nippon Yusen joint venture will each take a 16.6 percent stake in a unit of Sempra Energy Corp. to invest in the $9 billion-10 billion project to build LNG production facilities with a total annual capacity of 12 million tons in Louisiana. ---------- Battery maker GS Yuasa to increase stake, commitment in Thai unit OSAKA - GS Yuasa Corp. is taking a controlling stake in Thai affiliate Siam GS Battery Co. and stepping up technology transfer to and enhancing the operations of its key Thai arm, according to the Japanese battery maker. ---------- Panasonic to procure lithium-ion batteries from Hong Kong firm OSAKA, May 17 Kyodo - Struggling electronics maker Panasonic Corp. plans to procure small-size lithium-ion batteries for smartphones from Amperex Technology Ltd., a Hong Kong-based subsidiary of TDK Corp., sources familiar with the matter said. ---------- NEC sets up Ukraine subsidiary to boost business in Russia TOKYO - NEC Corp. said it has set up a wholly owned subsidiary in Ukraine to boost its information and communications technology business in Russia and surrounding countries. (NOTE: Corporate press releases are available on Japan Portal, a multilingual website powered by Kyodo News providing information about a wide range of topics and events in Japan. URL: http://www.japanportal.jp/industry/) (c) 2013 Kyodo News International, Inc. [ Back To TMCnet.com's Homepage ]