ENGIE and Mitsubishi Heavy Industries signed a MOU to develop their collaboration in energy sector and technology
JCN Newswire - Fri Oct 09, 6:21AM CDT
Gerard Mestrallet, Chairman and CEO of ENGIE and Shunichi Miyanaga, President and CEO of Mitsubishi Heavy Industries, Ltd. (MHI) signed a Memorandum of Understanding (MoU) to develop their collaboration all along the energy value chain and technology. Following the meeting between the French and Japanese Prime Ministers, on October 5, 2015 in Tokyo ENGIE and MHI entered into a non-exclusive cooperation agreement that builds on the foundation of their long-term worldwide track record of successful purchaser-supplier as well as partner relationships. This agreement was signed within the context of profound changes in the energy sector landscape in order to be able to offer globally a broad range of the most innovative solutions adapted to specific local conditions.
Static and Rotating Equipment (Oil and Gas) Market by Static Equipment and Rotating Equipment - Global Industry Analysis 2014 - 2022
M2 - Tue Oct 06, 10:09AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rtjq9c/static_and) has announced the addition of the "Static and Rotating Equipment (Oil and Gas) Market by Static Equipment and Rotating Equipment - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022" report to their offering. The global market for static and rotating equipment stood at USD 26,558.63 million in 2013, and is anticipated to grow at a CAGR of 3.7% from 2014 to 2022, reaching USD 35,868 million by 2022. Both static and rotating equipment are manufactured by various OEMs across the world, who supply the same either directly to E&P companies or through EPC contractors. Sluggish demand and a hostile macroeconomic outlook have decreased the demand considerably, which has translated to pricing pressures for manufacturers. Numerous manufacturers are trying to differentiate their products through brand identification strategies and building up on product quality. Manufacturers are also focusing on reining in costs through numerous lean management strategies and other cost-cutting measures. Cutbacks in E&P expenditure are expected in the near future as oil and gas operators struggle to maintain margins in the current price regime. The upstream sector is expected to be the most affected by these macroeconomic developments. However, the midstream sector is expected to witness strong investments within the forecast period as natural gas continues to play an increasingly vital role in the global energy mix. North America was the largest market for static and rotating equipment globally in 2013 and is expected to retain its position as the market leader throughout the forecast period. North America's growth would be cemented by new oil sands projects in Canada, re-opening of offshore E&P activities in the Gulf of Mexico, privatization of Mexico's hydrocarbons sector, and a continued focus towards drilling more shale wells and developing the LNG industry. Sluggish growth can however be observed in Europe as operators struggle to maintain margins in the high cost upstream industry and more refineries are mothballed. The refining industry is expected to contribute considerably to this increase in equipment demand with most of the demand coming from the Middle East, wherein large refining complexes are currently under construction. Asia Pacific is expected to invest in developing its downstream sector further while upgrades can be observed in Russian refineries, as numerous old complexes have shutdown. North American refiners are also likely to maintain a bullish outlook for the refining sector driven by low feedstock prices. The global midstream sector would also witness significant growth within the forecast period with Australia expected to emerge as one of the largest LNG exporters globally in the near future. North American companies are also focusing on the LNG market and are expected to invest in large liquefaction capacity additions in an attempt to increase natural gas exports to Asia Pacific. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Static and Rotating Equipment (Oil and Gas) Market - Industry Analysis Chapter 4 Aftermarket Service, Raw Material, and Labor Outlook Chapter 5 Static and Rotating Equipment (Oil and Gas) Market: Classification Analysis Chapter 6 Oil and Gas Static Equipment Market: Type Analysis Chapter 7 Oil and Gas Rotating Equipment Market: Type Analysis Chapter 8 Static and Rotating Equipment (Oil and Gas) Market: Regional Analysis Chapter 9 Company Profiles - Alfa Laval AB - Atlas Copco AB - Doosan Group - FMC Technologies Inc. - Flowserve Corporation - General Electric Company - Metso Oyj - Mitsubishi Heavy Industries Ltd. - OAO TMK - Pentair plc - Siemens AG - Sulzer Limited - Technip S.A. - Tenaris S.A. - W?rtsil? For more information visit http://www.researchandmarkets.com/research/rtjq9c/static_and
GE: 28.07 (+0.04), FLS: 46.62 (-1.40), FTI: 34.45 (-0.32), PNR: 57.15 (-0.38)
MHI-MME Receives Order for Waste Heat Recovery Systems (WHRS) to be Installed on 11 Mega Container Carriers of Maersk Line of Denmark
JCN Newswire - Fri Oct 02, 3:54AM CDT
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) of Korea, for waste heat recovery systems (WHRS) to be installed on eleven 19,600 TEU (twenty-foot equivalent unit) mega container carriers (MCC) being built by DSME for Maersk Line of Denmark. The WHRS on order is MHI-MME's proprietary system for marine use that efficiently generates electric power by maximizing recovery and utilization of exhaust gas waste energy from marine diesel engines. With this order, the cumulative number of WHRS units ordered since the system's market introduction in 2010 has now become 87.
MHI to Exhibit at 22nd ITS World Congress Bordeaux 2015
JCN Newswire - Wed Sep 30, 12:11AM CDT
Mitsubishi Heavy Industries, Ltd. (MHI) will be exhibiting at the "22nd ITS World Congress Bordeaux 2015" to be held at Congres et Expositions de Bordeaux in France from October 5 through 9. The theme of this year's event will be "Towards Intelligent Mobility - Better Use of Space." MHI will show a variety of its solutions in the field of intelligent transport systems (ITS), including an electronic toll collection (ETC) system employing a cellular network (CN) and global navigation satellite system (GNSS), and a traffic control system that collects and distributes road information. In addition, MHI will be giving a number of presentations introducing its abundant track record and technological capabilities in the ITS field.
Mitsubishi Heavy Industries Machine Tool Co., Ltd. Begins Operations
JCN Newswire - Tue Sep 29, 11:50PM CDT
On October 1 Mitsubishi Heavy Industries Machine Tool Co., Ltd., a newly created group company of Mitsubishi Heavy Industries, Ltd. (MHI) succeeding to MHI's machine tools business, will commence operations. The new company will seek enhanced organizational responsiveness through integration of manufacturing and sales functions, and will develop internal structures enabling swift decision-making, in a quest for robust competitiveness in the global machine tools market.
High-Altitude Wind Energy - Visionary Outlook
PR Newswire - Tue Sep 29, 4:36PM CDT
Emerging Low-Cost Wind Technology with Minimal InstallationShare this: Share on tumblrShare on facebookShare on printMore Sharing ServicesFree sample Buy Now USD 6,500Author: Guhan Sriram R V | 20 Sep 2015High altitude winds have the potential to provide a reliable and a consistent source of power. Based on the wind velocity assessments it has been found that the increase in wind velocity with altitude is proportional to the seventh root of increase in altitude. This implies that at altitudes where the wind velocity is double that of the velocity at an altitude of 100 meters, it would generate power which would be equal to the cube of the power generated at 100 meters. To harness this power, so far untapped, we require technology that is very flexible yet strong. Innovators, predominantly from Europe and America, have started creating technologies and prototypes to harness this power, both in mechanical and electrical forms. While still in infancy, this concept has garnered the attention of industry heavyweights, for example Google and Mitsubishi Heavy Industries have invested in start-ups.
MHIEC Receives Order from Bisan Sanitation Association in Aichi Prefecture for Refurbishment of Key Components of MSW Incineration Plant with 200 Tons/day Processing Capacity
JCN Newswire - Tue Sep 29, 2:28AM CDT
Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from the Bisan Sanitation Association, an organization consists of three municipalities in central Aichi Prefecture, to refurbish the core components of a municipal solid waste (MSW) incineration plant. The order calls for refurbishment of stoker type incineration plant(1) with a total capacity of 200 tons per day (tpd), to maintain their proper functioning and extend their service life. The work is slated for completion in March 2020.
Visionary Outlook for the High-Altitude Wind Energy Market with Google and Mitsubishi Heavy Industries Having Invested in Start-Ups
PR Newswire Europe - Mon Sep 28, 7:10AM CDT
DUBLIN, Sept. 28, 2015 /PRNewswire/ --
High-Altitude Wind Energy Report - Visionary Outlook
M2 - Mon Sep 28, 4:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/chd8jx/highaltitude) has announced the addition of the "High-Altitude Wind Energy - Visionary Outlook" report to their offering. High altitude winds have the potential to provide a reliable and a consistent source of power. Based on the wind velocity assessments it has been found that the increase in wind velocity with altitude is proportional to the seventh root of increase in altitude. This implies that at altitudes where the wind velocity is double that of the velocity at an altitude of 100 meters, it would generate power which would be equal to the cube of the power generated at 100 meters. To harness this power, so far untapped, we require technology that is very flexible yet strong. Innovators, predominantly from Europe and America, have started creating technologies and prototypes to harness this power, both in mechanical and electrical forms. While still in infancy, this concept has garnered the attention of industry heavyweights, for example Google and Mitsubishi Heavy Industries have invested in start-ups. This research service gives a snapshot of the technology landscape, the industry value chain and the future outlook. Some key patents and contact details of key industry participants are also given. Key Topics Covered: 1. Executive Summary - Research Scope - Research Process and Methodology - Key Findings 2. Technology Snapshot - Overview of High Altitude Wind Energy - Drivers and Challenges - Technologies Employed - Technology Maturity: Ground-based Generation - Technology Maturity: Airborne Generation 3. Technology Value Chain - Technology Value Chain - Researchers and Engineers - Funding Entities - Component Suppliers - End Users 4. Future Outlook of High Altitude Wind Energy - Global Technology Trends - Technology Readiness Levels - Technology Roadmap - Future Outlook 5. Key Patents and Contacts For more information visit http://www.researchandmarkets.com/research/ch...ghaltitude
Mitsubishi Heavy Industries Mechatronics Systems, Ltd. to Commence Operations under New Business Structure
JCN Newswire - Fri Sep 25, 2:28AM CDT
Mitsubishi Heavy Industries Mechatronics Systems, Ltd. (MHI-MS), a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI) succeeding to MHI's operations in hydraulics & machinery and particle accelerators, will commence operations under its new business structure on October 1. In its new incarnation, MHI-MS will pursue business expansion and stabilization through integrated operations with the products it is taking over from MHI.
MHPS Receives Order for 2 Sets of H-25 Gas Turbine and Generator For Chemical Company in Turkmenistan
JCN Newswire - Thu Sep 17, 5:28AM CDT
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order for two sets of its natural gas-fired H-25 gas turbine and generator to be installed at a fertilizer production plant, which Turkmenhimiya, a state-owned chemical company in Turkmenistan, is building in the city of Garabogaz. The power generation system is scheduled to go on-stream in June 2018. The order marks the first H-25 gas turbine to be supplied to Turkmenistan.
MHI and the Ministry of Education and Training of the Socialist Republic of Viet Nam (MOET) Conclude MOC on Human Resources Development for the Promotion of Machinery Industries in Viet Nam
JCN Newswire - Wed Sep 16, 12:25AM CDT
Mitsubishi Heavy Industries, Ltd. (MHI) and the Ministry of Education and Training of the Socialist Republic of Vietnam (MOET) concluded a Memorandum of Cooperation (MOC) on human resources development for the promotion of machinery industries in Viet Nam.
MHI Completes Expansion of Aircraft Production Facility at Shimonoseki Shipyard & Machinery Works
JCN Newswire - Wed Sep 16, 12:25AM CDT
Mitsubishi Heavy Industries, Ltd. (MHI) has completed facility expansion at the Aircraft Shop of the Yamatomachi Plant of its Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, Japan, in preparation for production increase of composite wing boxes for the Boeing 787 Dreamliner. MHI expanded the facility in response to Boeing's plan to increase the 787's production rate from the current 10 airplanes per month to 14 by the end of the decade.
Analyzing the Market for Nuclear Reactor Coolant Pumps in France 2015
M2 - Tue Sep 15, 10:12AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mdm5fz/analyzing_the) has announced the addition of the "Analyzing the Market for Nuclear Reactor Coolant Pumps in France 2015" report to their offering. Curtiss Wright, Sulzer Pumps, Flowserve Corporation and KSB Pumps are some of the biggest players in the global market for nuclear reactor coolant pumps. Manufacturing companies are majorly focusing on developing innovative integrated design for the nuclear reactor coolant pumps that will enhance the safety and operation of a nuclear power reactor. This report analyzes the French market for nuclear reactor coolant pumps in its research offering Analyzing the Market for Nuclear Reactor Coolant Pumps in France. The report is a complete coverage of the nuclear reactor coolant pumps in France and analyzes this strategic market for the growth of nuclear power in the coming years. We analyze the nuclear reactor coolant pump market through a definition of the industry, the use of nuclear reactor coolant pumps, and how the coolant pumps operates, along with an analysis of the industry technology and available models of nuclear reactor coolant pumps. We include a brief analysis of the global market for nuclear reactor coolant pumps, wherein we look at the life spans of the coolant pumps, the cost of the pumps, etc. We also include a brief analysis of the nuclear reactor coolant pumps market in Europe. For the French market for nuclear reactor coolant pumps, we analyze the market demand statistics, new installations of nuclear reactor coolant pumps, nuclear reactor coolant pump replacements, industry revenues, revenues for both new installations and replacements, and many other factors. The report also analyzes the competition in the industry and then moves on to analyzing the major global industry players. The industry leaders are analyzed through a corporate profile, business segment analysis, and a SWOT Analysis. Key Topics Covered: A. Executive Summary B. What is a Nuclear Reactor Coolant Pump? C. Analyzing the Global Market for Nuclear Reactor Coolant Pumps D. Analyzing the Market for Nuclear Reactor Coolant Pumps in Europe E. Analyzing the Market for Nuclear Reactor Coolant Pumps in France F. Industry Revenues G. Major Players & Market Share Analysis H. Leading Industry Players - Andritz AG - Areva SA - Ebara Corporation - Flowserve Corporation - Hitachi - Mitsubishi Heavy Industries - Toshiba Corporation - Westinghouse Electric - Curtiss-Wright Corporation - KSG AG - Sulzer AG For more information visit http://www.researchandmarkets.com/research/md...lyzing_the
CW: 67.19 (+0.31), FLS: 46.62 (-1.40)
Analyzing the Market for Nuclear Reactor Coolant Pumps in Japan 2015
M2 - Tue Sep 15, 10:07AM CDT
Research and Markets (http://www.researchandmarkets.com/research/q49z5s/analyzing_the) has announced the addition of the "Analyzing the Market for Nuclear Reactor Coolant Pumps in Japan 2015" report to their offering. Curtiss Wright, Sulzer Pumps, Flowserve Corporation and KSB Pumps are some of the biggest players in the global market for nuclear reactor coolant pumps. Manufacturing companies are majorly focusing on developing innovative integrated design for the nuclear reactor coolant pumps that will enhance the safety and operation of a nuclear power reactor. The report is a complete coverage of the nuclear reactor coolant pumps in Japan and analyzes this strategic market for the growth of nuclear power in the coming years. It analyzes the nuclear reactor coolant pump market through a definition of the industry, the use of nuclear reactor coolant pumps, and how the coolant pumps operates, along with an analysis of the industry technology and available models of nuclear reactor coolant pumps. It includes a brief analysis of the global market for nuclear reactor coolant pumps, wherein it looks at the life spans of the coolant pumps, the cost of the pumps, etc. It also includes a brief analysis of the nuclear reactor coolant pumps market in Asia Pacific. For the Japanese market for nuclear reactor coolant pumps, it analyzes the market demand statistics, new installations of nuclear reactor coolant pumps, nuclear reactor coolant pump replacements, industry revenues, revenues for both new installations and replacements, and many other factors. The report also analyzes the competition in the industry and then moves on to analyzing the major global industry players. The industry leaders are analyzed through a corporate profile, business segment analysis, and a SWOT Analysis. Key Topics Covered: A. Executive Summary B. What is a Nuclear Reactor Coolant Pump? C. Analyzing the Global Market for Nuclear Reactor Coolant Pumps D. Analyzing the Market for Nuclear Reactor Coolant Pumps in Asia Pacific E. Analyzing the Market for Nuclear Reactor Coolant Pumps in Japan F. Industry Revenues G. Major Players & Market Share Analysis H. Leading Industry Players - Andritz AG - Areva SA - Curtiss-Wright Corporation - Dongfang Electric Corporation - Ebara Corporation - Flowserve Corporation - Hitachi - KSG AG - Mitsubishi Heavy Industries - Shanghai Electric Group Company Limited - Sulzer AG - Toshiba Corporation - Westinghouse Electric For more information visit http://www.researchandmarkets.com/research/q4...lyzing_the
CW: 67.19 (+0.31), FLS: 46.62 (-1.40)
Global Syngas & Derivatives Market 2015-2020 - End User, Feedstock, Production Technology & Gasifier Analysis
PR Newswire Europe - Tue Sep 15, 9:12AM CDT
Research and Markets (http://www.researchandmarkets.com/research/q8p4ns/syngas_and [http://www.researchandmarkets.com/research/q8p4ns/syngas_and]) has announced the addition of the "Syngas & Derivatives Market by End Use (Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), by Feedstock (Coal, Petroleum, Natural Gas & Biomass/Waste), by Production Technology, & by Gasifier - Global Forecasts to 2020" [http://www.researchandmarkets.com/research/q8p4ns/syngas_and] report to their offering.
CBI: 44.08 (-0.33), GE: 28.07 (+0.04), SSL: 33.92 (+0.66), CF: 50.78 (-2.08), KBR: 19.55 (+0.13), AGU: 95.70 (+0.17), APD: 139.95 (+2.04), MEOH: 42.33 (-1.68)
Syngas & Derivatives Market 2015 - Global Forecasts to 2020: Feedstock Flexibility for the Syngas Production Drives the Increasing Demand
M2 - Tue Sep 15, 6:46AM CDT
Research and Markets (http://www.researchandmarkets.com/research/t6qw6g/syngas_and) has announced the addition of the "Syngas & Derivatives Market by End Use (Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), by Feedstock (Coal, Petroleum, Natural Gas & Biomass/Waste), by Production Technology, & by Gasifier - Global Forecasts to 2020" report to their offering. The syngas and derivatives market is expected to grow at a CAGR of 9.5% between 2015 and 2020, to reach 213,100 MW thermal (MWth) by 2020. Asia- Pacific, with its thriving economies and rapidly expanding population, is expected to experience the highest consumption during the given period. The major driving factors of this market include the growing need for chemicals, fuels, and electricity, which can be generated simultaneously to meet the requirements of the increasing population. The other growth driver is the feedstock flexibility of syngas production process, which means that it can be produced either from coal, natural gas, petroleum- based products, or biomass/waste, depending on the availability. The consumption figures are further categorized on the basis of major countries in respective regions. Coal, natural gas, petroleum (petcoke and others), and biomass/waste are the four major feedstocks utilized for the production of syngas. Syngas production technologies identified and covered in the report are steam reforming, partial oxidation, autothermal reforming, combined or two- step reforming, and biomass gasification. The market has also been segmented in terms of types of gasifier utilized for the syngas production process. In addition, syngas consumption for several end uses, such as chemical, liquid fuel, power generation, and gaseous fuels, has been discussed in detail in this report. Consumption figures (MWth) for chemical derivatives, such as methanol, ammonia, oxo chemicals, n- butanol, hydrogen, and DME have been further described, by major regions and applications. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Syngas and Derivatives Market, By End Use 8 Syngas and Derivatives Market, By Feedstock 9 Syngas and Derivatives Market, By Production Technology 10 Syngas and Derivatives Market, By Gasifier Type 11 Syngas and Derivatives Market, By Region 12 Competitive Landscape 13 Company Profiles - AMEC Foster Wheeler PLC - Agrium Inc. - Air Liquide SA - Air Products and Chemicals, Inc. - BASF SE - Biomethanol Chemie Nederland B.V. - CF Industries Holdings Inc. - Chicago Bridge & Iron Company N.V. - General Electric Company - Haldor Topsoe A/S - KBR Inc. - KT-Kinetics Technology - Linc Energy Ltd. - Methanex Corporation - Mitsubishi Heavy Industries, Ltd. (MHI Group) - Oxea Gmbh (Oman Oil Company) - Royal Dutch Shell PLC - Sasol Limited - Siemens Ag - Syngas Technology LLC - Technip S.A. - The DOW Chemical Company - The Linde Group - Yara International ASA For more information visit http://www.researchandmarkets.com/research/t6qw6g/syngas_and
CBI: 44.08 (-0.33), GE: 28.07 (+0.04), SSL: 33.92 (+0.66), CF: 50.78 (-2.08), KBR: 19.55 (+0.13), AGU: 95.70 (+0.17), APD: 139.95 (+2.04), MEOH: 42.33 (-1.68)
Analyzing the Global Nuclear Turbine Market 2015
M2 - Mon Sep 14, 10:07AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rpzljd/analyzing_the) has announced the addition of the "Analyzing the Global Nuclear Turbine Market 2015" report to their offering. The report equips the user with a comprehensive understanding of the basics of the global nuclear energy industry. This is delivered through a historical perspective of the industry as well as the revival phase of nuclear energy. The report delves into a complete profile of global nuclear power industry by explaining the revival phase as well as basics of nuclear power plants. The various possibilities which are being explored for augmentation of nuclear capacity, life extensions or even decommissioning are also explained in this report. This is examined in detail and even quips the user with four different methods which are used by the industry to classify the nuclear reactors globally. This base is further strengthened by a complete section on understanding the different types of nuclear reactors which are in operation globally. This exhaustive section equips the user with a nearly complete knowledge map of the global nuclear reactor activity except for countries wherein this technology is under debate. The report delivers a technical understanding of nuclear turbine technology and some of the turbines made in this industry by various contributors worldwide. The nuclear turbine market is further analyzed by studying the impact of power uprating and application of some bold steps such as modernization of steam turbines for nuclear power plants. Taking a divergent view, this report peppers the development of nuclear turbine technology in comparison to the fossil turbines and some of challenges coming forward by the implementation of nuclear turbines. The manufacturers which are spread globally and those that have made major contributions to bringing this technology alive and installing it at various locations are also analyzed in depth in this report. The report provides a comprehensive understanding of the market strength of these manufacturers by profiling them globally and examining each of them in business segments as well as in SWOT analysis. The report is an in-depth and comprehensive guidebook on the global nuclear turbine market and is an effort to recognize and understand the impact of this new age technology on the energy future of the world. Key Topics Covered: A. Executive Summary B. Basics of the Nuclear Industry C. Global Nuclear Power Industry D. Leap of Technology: Accelerator-driven Nuclear Systems E. Nuclear Reactor Technology F. Analyzing the Reactor Types G. Nuclear Turbines versus Fossil Turbines H. Impact of Power Uprating I. Modernization of Steam Turbines for Nuclear Power Plants J. Analyzing the Major Turbines - Company-wise K. New Research in Nuclear Turbine Technology L. Leading Industry Players - Alstom - Doosan Heavy Industries and Construction Co., Ltd - General Electric - Hitachi - Mitsubishi Heavy Industries - Siemens AG - Westinghouse Electric For more information visit http://www.researchandmarkets.com/research/rp...lyzing_the
MHI and Nichiyu Forklift to Launch Preparatory Committee in Conjunction with Acquisition of Shares of UniCarriers Holdings Corp.
JCN Newswire - Mon Sep 14, 7:01AM CDT
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Nichiyu Forklift Co., Ltd. have taken a joint decision to launch, effective October 1, 2015, a preparatory committee in conjunction with acquisition by the two companies of shares of UniCarriers Holdings Corporation, as previously announced on July 31.