Agreements reached under this partnership
Business alliance- 1
The parties will jointly undertake and carry out engineering work related to plant construction and modular equipment for biomanufacturing projects implemented in Japan.
- 2
Using the global network that the Morimatsu Group has developed worldwide, the parties will work together to expand sales of the technology package, including a complete set of equipment, for the GWE process developed by GEI to produce bioethanol from woody biomass.
- 3
The parties will promote sales of the technology package for the GOE process developed by GEI to co-produce bioethanol and power-generation pellets from oil palm waste wood (OPT). The primary target markets will be Southeast Asian countries and regions such as Indonesia and Malaysia, where OPT resources are abundant.
- 4
The parties will combine their respective technologies, engineering capabilities, and business platforms to continuously identify and explore new biomanufacturing business opportunities worldwide.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
| Item | Details |
|---|---|
| Name of alliance partner | Morimatsu International Holdings Company Limited (the representative company of the Morimatsu Group) |
| Alliance partner's business activities | Centered on welding, cold-working, and corrosion-protection technologies developed through the design and manufacture of pressure vessels, the company provides one-stop engineering solutions, including core equipment, process systems, and modular plants, across a broad range of fields such as biopharmaceuticals, chemicals and fine chemicals, electronic chemicals, lithium-ion battery materials, energy, and semiconductors. These solutions include engineering, procurement and construction (EPC), as well as advanced modular manufacturing. |
| Alliance partner's location | Hong Kong |
| Alliance partner's net sales | Fiscal year ending December 2025: approximately ¥6.95 billion (approximately ¥164 billion) |
| Type of alliance | Business alliance |
| Details of the alliance | The parties will jointly undertake and carry out engineering work related to plant construction and modular equipment for biomanufacturing projects implemented in Japan., Using the global network that the Morimatsu Group has developed worldwide, the parties will work together to expand sales of the technology package, including a complete set of equipment, for the GWE process developed by GEI to produce bioethanol from woody biomass., The parties will promote sales of the technology package for the GOE process developed by GEI to co-produce bioethanol and power-generation pellets from oil palm waste wood (OPT). The primary target markets will be Southeast Asian countries and regions such as Indonesia and Malaysia, where OPT resources are abundant., The parties will combine their respective technologies, engineering capabilities, and business platforms to continuously identify and explore new biomanufacturing business opportunities worldwide. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Implementing and deploying GEI's bioprocess technologies in commercial-scale production facilities requires engineering expertise, equipment manufacturing capabilities, and a global supply chain infrastructure. GEI determined that combining these capabilities with Morimatsu's plant implementation capabilities and global network would enable the early commercialization and global expansion of biofuel and chemical product plants in Japan and overseas.