May 30, 2013
Daiki Ataka Engineering Co., Ltd.
Sumitomo Electric Industries, Ltd.
Hitachi Zosen Corporation
*This press release was issued on January 7, 2013 in Japan.
Daiki Ataka Engineering Co., Ltd. (Konohana-ku, Osaka; President Yasuo Ogawa), Sumitomo Electric Industries, Ltd. (Chuo-ku, Osaka; President Masayoshi Matsumoto), and Hitachi Zosen Corporation (Suminoe-ku, Osaka; President Minoru Furukawa), with approval from the Japanese Ministry of Economy, Trade and Industry, and Ministry of Land, Infrastructure, Transport and Tourism, have jointly established the Ecomarine Technology Research Association, a “research and development partnership” that aims to develop a low power consumption electrolytic ballast water management system and contribute to marine environment conservation.
A research and development partnership is a mutual-aid organization with corporate status, set up for the objective of performing joint research. Each member contributes the researchers, funds, and equipment necessary for research, and may jointly share and utilize the fruit of that research. Once research and development is completed, the partnership may be reorganized into a stock company or limited liability company.
The Ecomarine Technology Research Association plans to make a business alliance bringing together their respective areas of expertise—filtration technology from Sumitomo Electric, electrolysis systems from Daiki Ataka Engineering and ship design and retrofit engineering from Hitachi Zosen—to develop a compact, high-performance ballast water management system with lower electric power consumption and minimal environmental impact. The joint development agreement also covers promotional approach to the clients in the world at the development stage of the product.
The entire product development process, including type approval, is due to be finished by the end of fiscal 2014. The three companies then plan to set up a joint venture company to market the Ecomarine ultraviolet ballast water management system which is under development by Sumitomo Electric and the newly developed electrolysis type ballast water management system, with a target of ¥100 billion in cumulative sales by fiscal 2019.
The outline of the Ecomarine Technology Research Association is as follows.
||Ecomarine Technology Research Association
||December 20, 2012 (Approved: December 12, 2012)
||1-1-3 Shimaya, Konohana-ku, Osaka, Japan
(Sumitomo Electric Industries, Ltd. Osaka Works)
||Managing Director: Shigeru Tanaka (Senior Managing Director, Sumitomo Electric)
Director: Wataru Kobashi (Director, Hitachi Zosen)
Director: Syoichi Momose (Director, Daiki Ataka Engineering)
||- Development of low power consumption electrolytic ballast water management system
- Contribution to marine environment conservation
||Ballast water management system comprising filter and electrolyzer (projected capacity 500 m³/h)
||Ministry of Economy, Trade and Industry
Ministry of Land, Infrastructure, Transport and Tourism