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ENEOS Corporation (Representative Director and President: Yamaguchi Atsuji; “ENEOS”) and Mitsubishi Corporation (Representative Director, President and CEO: Nakanishi Katsuya; “MC”) have agreed to jointly conduct a Front End Engineering Design to advance the study of Sustainable Aviation Fuel (“SAF”) production facility at the ENEOS Wakayama Plant in Arida City, Japan (the “FEED”). ENEOS has been studying the feasibility of such a facility since 2022. To advance this study to the next stage, ENEOS and MC, who have been jointly assessing the feasibility on the commercialization of SAF, will work together on the FEED. ENEOS has an established sales network, manufacturing and refining technologies and the expertise in feedstock procurement, while MC has expertise in the procurement of feedstock in Japan and around the world. By combining each companies' respective strengths, ENEOS and MC will accelerate the study with the aim of developing large-scale production of SAF in Japan. The f...

YOKOHAMA, Japan, Tuesday 11 March 2025 - Nissan Motor Co., Ltd. today announced changes to its senior management, introducing a significantly renewed leadership line-up to achieve the company's short- and mid-term objectives while positioning it for long-term growth. Effective April 1, the board of directors has approved titles and areas of responsibility for the representative executive officer and executive officers. Ivan Espinosa, currently the chief planning officer, has been appointed as the representative executive officer, president, and CEO, succeeding Makoto Uchida.   Executive Committee Nissan is announcing significant changes to its Executive Committee, which will report to Espinosa effective April 1: Guillaume Cartier, chief performance officer and chairperson of the Management Committee for AMIEO, will have an expanded role that includes global marketing and customer experience. Eiichi Akashi, currently corporate vice president (CVP) of the Vehicle Plannin...

Nissan Motor Co., Ltd. ("Nissan"), Honda Motor Co., Ltd. ("Honda"), and Mitsubishi Motors Corporation ("Mitsubishi Motors") have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda. Nissan, Honda, and Mitsubishi Motors have reached a basic agreement to proceed with discussions based on the framework established in the MOU signed by Nissan and Honda on August 1 regarding the commencement of a strategic partnership focused on intelligence and electrification. Mitsubishi Motors has been participating in this framework, and the three companies have been proceeding with discussions. Following the agreement between Nissan and Honda to start consideration toward a business integration through the establishment of a joint ...