Tokyo, Feb 26, 2009 - (JCN Newswire) - Honda Motor Co., Ltd. announced that the company has signed an "Agreement concerning regulations and standards for establishing R&D facilities in Kazusa Akademia Park*" with Chiba prefecture and Investment Promotion Association of Kazusa Akademia Park (chaired by Governor Akiko Domoto of Chiba prefecture) based on its decision to build a new research facility that will enable Honda to work toward the establishment and practical application of bio-ethanol production technology from non-edible cellulosic material such as the stems and leaves of plants.
The new Kazusa-branch facility of Honda R&D Co., Ltd. Fundamental Technology Research Center, will be built within the Kazusa Akademia Park (in Kisarazu, Chiba). Honda plans to build a single 1,050m2 building (approximate gross floor space) as a testing facility on the 5,000m2 lot. The construction is scheduled to begin in April 2009, with the goal to begin operations in November 2009.
Honda is continuing its collaborative research on bio-ethanol production technology with RITE (Research Institute of Innovative Technology for the Earth) which began in 2006 and has been conducting research on the bio-ethanol conversion process using an experimental plant built within the Honda R&D Co., Ltd. Fundamental Technology Research Center (Wako, Saitama) since April 2007. In order to move toward practical application of the technology, Honda decided to build a new facility as it became necessary to conduct a research using a large-scale experimental facility which enables more accurate evaluations.
* Kazusa Akademia Park is a research and development zone where research, academia, production, and resort functions are gathered together.
About Honda
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com .
Contact:
corporate_pr@hm.honda.co.jp
Feb 26, 2009
Source: Honda
Honda (TSE: 7267) (FTSE: HNDA) (U.S: HMC)
From the Japan Corporate News Network
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Topic: Press release summary
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