Osaka, Mar 29, 2012 - (JCN Newswire) - Corporation today announced it will set up an engineering company for its energy saving, purification and recycling businesses for air, water and soil in Malaysia as part of the company's drive to globally expand its environmental engineering business. The new company, Panasonic Eco Solutions Malaysia Sdn. Bhd. (PESMY), will be established on April 1, 2012, through Panasonic Ecology Systems Co., Ltd.
Panasonic Ecology Systems is globally promoting energy saving, water purification, and other environmental technologies accumulated through its business operations in Japan and through the operation of Panasonic factories, providing solutions tailored to the environment of each country. PESMY will help Panasonic and other Japanese companies who will be locating factories in Malaysia to reduce their environmental impact by assisting in the setup and operation of their factories.
PESMY will promote businesses in collaboration with the Environmental Systems & Engineering Business Unit of Panasonic Ecology Systems Co., Ltd. and its subsidiary, Panasonic Environmental Systems & Engineering Co., Ltd. The specific businesses include the energy saving support service business to save energy by reviewing the factory operation and equipment conditions, the water and chemical recycling business to supply and recycle water and chemicals used by electronic device factories, the painting equipment exhaust purification business to clean up exhaust gas from painting equipment, and the soil decontamination business to purify contaminated soil.
Panasonic will contribute to reducing the environmental impact on Malaysia and neighboring countries using PESMY as a base, and further promote its environmental systems and engineering business globally.
About Panasonic
Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products in three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. Panasonic's stock is listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) Stock Exchanges. The company has the vision of becoming the No. 1 Green Innovation Company in the Electronics Industry by the 100th year of its founding in 2018. For more information on Panasonic, its brand and commitment to sustainability, visit the company's website at http://panasonic.net/.
Contact:
Panasonic Corporation
Global Public Relations Office
Tel: +81-3-6403-3040
Fax: +81-3-3436-6766
Mar 29, 2012
Source: Panasonic
Panasonic (TSE: 6752) (U.S: PC)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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