Asian Activities Report for February 10, 2012: Mazda Motor (TYO:7261) Develops Resin Material to Make Lighter Vehicle Parts
Sydney, Feb 10, 2012 AEST (ABN Newswire) - Mazda Motor Corporation (TYO:7261) has developed resin material for vehicle parts that maintains the same rigidity as parts made with conventional materials while achieving significant weight reduction. When the material is used for both front and rear bumpers, it contributes to weight reduction of approximately 20%. Mazda plans to adopt the lighter bumpers using this resin material in the all-new Mazda CX-5 SUV to go on sale this spring, as well as other upcoming new models.
Sinochem International Corporation (SHA:600500) has signed an agreement with French energy giant Total (EPA:FP) to buy TEPMA BV, a fully owned affiliate of Total in Colombia, for about US$1 billion. TEPMA BV holds a working interest in the Cusiana field, of which Total's share of production is around 7,000 barrels of oil equivalent per day. This transaction is subject to approval by the relevant authorities.
Japanese pharmaceutical company Takeda Pharmaceutical Company Limited (TYO:4502) announced the establishment of the Takeda Shanghai Development Center within the Shanghai-based Takeda (China) Holdings Co. Ltd., a wholly owned subsidiary of Takeda. This important step reflects Takeda's strategic commitment to China, where the company is actively enhancing manufacturing, marketing and sales operations.
Mitsubishi Motors Corporation (TYO:7211) will present the global debut of the all-new Outlander at the 82nd Geneva International Motor Show which runs from March 6 through March 18. The new-generation Outlander is built to be eco-friendly, with the fuel efficiency and CO2 emission levels among the best in its class.
Lion Corporation (TYO:4912) says that the Company has improved Ban Deodorant Roll On, which features a long-lasting deodorant effect, and has upgraded Ban Refresh Shower Sheets, a new product that can effectively wipe away sticky perspiration and odor. Lion will also add Pink Plumeria and Aqua Sparkle fragrances to its Ban Deodorant Powder Spray series in February 2012.