The small fishing town providing Japan’s nuclear litmus test. In the sleepy coastal town of Kaminoseki, population circa 3,000, one of Japan’s most divisive political debates – the future of nuclear power – is being played out in microcosm.
South China Morning Post 1st April 2018 read more »
Toshiba Corp. said Friday that it will take full control of Nuclear Fuel Industries Ltd., a Japanese nuclear fuel supplier, by the end of June. Toshiba, which last October agreed to acquire 52 percent of Nuclear Fuel Industries from Westinghouse Electric Co., newly signed agreements to purchase the remaining stake from Sumitomo Electric Industries Ltd. and Furukawa Electric Co. Sumitomo Electric and Furukawa Electric own 24 percent each of Nuclear Fuel Industries. Toshiba’s move to fully own Nuclear Fuel Industries is expected to help accelerate its talks with Hitachi Ltd. and Mitsubishi Heavy Industries Ltd. on integrating their respective nuclear fuel operations in Japan. Nuclear fuel suppliers owned by Japanese nuclear plant makers have been struggling with sluggish demand as many nuclear plants in the country remain suspended. Toshiba, Hitachi and Mitsubishi Heavy previously aimed to merge their domestic nuclear fuel operations in spring last year, but the talks have been stalled due to Toshiba’s financial crisis.
Japan News 31st March 2018 read more »