Asian Activities Report for December 21, 2011: Shandong Zhongrun (SHE:000506) to Invest in Canadian Zinc Corporation (TSE:CZN)
Toray Industries, Inc. (TYO:3402) has developed four new home water purifier products specifically for the Chinese market. The products can eliminate 99.99% residual chlorine, turbidity, rust, general bacteria and other micro-contamination to significantly improve water quality. Product sales will kick off in Beijing, Shanghai and Guangzhou in late December 2011.
Hitachi Chemical Co., Ltd. (TYO:4217) has decided to form a new company, named Hitachi Chemical Electronic Materials (Taiwan) Co., Ltd. in Taiwan, with an investment of 2 billion yen. Production is planned to commence in April 2013, with an aim to boost the Company's current capacity for producing chemical mechanical planarization by 50% by financial year 2015.
NTT Data (TYO:9613) has signed an agreement with Korean IT giant LG CNS regarding data centre cooperation. According to the agreement, both parties will work together to create new IT solutions and develop data centres in Japan and Korea. They will also organise promotion activities together to explore new data centre market.
Toray Industries, Inc.
Shandong Zhongrun Investment Holding Group Co. Ltd
NTT Data Corporation
Hitachi Chemical Co., Ltd.
Canadian Zinc Corporation