NIPPON STEEL TRADING CORPORATION'S STRATEGIC INVESTMENT IN SINGAPORE'S MLION CORPORATION, A LEADING DISTRIBUTOR OF FOUNDATION STEEL SOLUTIONS IN ASIA

SINGAPORE, Oct. 1, 2024 /PRNewswire/ -- MLION CORPORATION PTE LTD (Mlion) is pleased to announce its strategic minority investment from Nippon Steel Trading Corporation (NST) to advance its already strong foothold in key ASEAN markets, including Singapore and the Philippines. This partnership is anticipated to play a pivotal role in capitalising on the increasing demand for high-quality steel materials driven by large-scale infrastructure developments across the region.

As a foundation solutions provider focusing on Waterfront and Underground construction markets in Asia, Mlion has been providing customised solutions for projects such as Ports, Jetties, Reclamation, Rivers, Underground Infrastructures and Deep Tunnelling Works since 2011. Distributing more than 300,000 tons of steel materials per year across 9 offices in Asia and the Middle East, Mlion has grown to become a market leader in the Steel Sheet Piling scene. With the 2023 launch of its 2 technological innovations, GoListid and GoTagID, there has been greater focus on the reusability and traceability of steel in the industry.

This strategic investment aligns with NST's long-term goal of establishing a stronger presence in the ASEAN market. By leveraging on Mlion's established position, local expertise, and sales and procurement network, NST aims to expand its presence in the rapidly growing ASEAN market while reinforcing its international business foundation and tapping on the exciting aspects of Mlion's new innovations. Through this synergistic partnership between the two organisations, they will be able to deliver superior products, services, and innovations to meet the evolving needs of the civil engineering and construction sectors.

In line with Mlion's commitment and motto of "Innovative Solutions Redefined", this collaboration is expected to further support Nippon Steel Group's broader "Overseas Civil Engineering and Construction Materials Strategy". By tapping into Mlion's robust management resources, inventory functions, processing capabilities, and market insights, NST aims to increase sales across a range of products while expanding their reach in high-performance offerings to drive long-term growth in international markets.

Together, Mlion and NST will remain committed to delivering innovative, high-quality materials that address the evolving needs of the construction industry. This strategic investment enhances the corporate value and branding of both organisations and is confident in providing new avenues for sustainable growth and market expansion for key infrastructure projects.

About Mlion
Mlion Corporation Pte Ltd is a foundation solutions company focusing on Waterfront and Underground construction markets in Asia. Founded in 2011, Mlion has been providing customised solutions for projects such as Ports, Jetties, Reclamation, Rivers, Underground Infrastructures and Deep Tunnelling Works. Over the past decade, Mlion has grown to become a market leader in Steel Sheet Piling, distributing more than 300,000 tons of material per year across its 9 offices in Asia and the Middle East. Mlion launched two new innovations in 2023, GoListid and GoTagID, to bring greater focus on reusability and traceability of steel. As an organisation, Mlion has been widely recognised for its rapid growth, receiving the Enterprise 50 award for 5 consecutive years since 2019, and being honoured special mention award on Internationalisation for 2021 and 2023. Learn more about Mlion by visiting – www.mlioncorp.com 

About GoListid
GoListid is the revolutionary digital marketplace for pre-owned construction steel materials with a focus on sustainability. It aims at facilitating the buying and selling of these materials anywhere in the world and in turn encourages the reusability of construction steel, reducing the need to scrap the steel materials and reproducing them causing additional carbon footprint. Learn more about GoListid by visiting – www.golistid.com  

About GoTagID
GoTagID is a first-of-its-kind steel tagging solution that provides tracking and tracing capabilities beyond the point of sale, suitable for harsh construction environments. It provides steel with a unique identity and enables end users the ability to trace factory origins, raw materials, as well as track present and historical geolocation of the steel asset anywhere in the world. Learn more about GoTagID by visiting – www.gotagid.com  

About Nippon Steel Trading Corporation
Nippon Steel Trading Corporation was originally established as Nittetsu Shoji Co., Ltd. in 1977. In 2013, the company merged with Sumikin Bussan Co.,Ltd, which was an affiliate of steel manufacturer Sumitomo Metal Industries, Ltd. Furthermore, in 2018, the company expanded its business domain by acquiring a part of the steel division from Mitsui & Co. Group. Since that time, Nippon Steel Trading Corporation has continued to grow as a multiple specialty trading company operating four integrated core businesses: Steel, Industrial Supply & Infrastructure, Foodstuffs, and Textiles. Consolidated results for the year ending March 2024: revenue US$14,480M, Net profit US$223M. Net assets US$2,484M. (conversion: US$=JPY145). In April 2023, the company became a subsidiary of Nippon Steel, further strengthening group collaboration. Learn more about Nippon Steel Trading Corporation by visiting - https://www.nst.nipponsteel.com/en/ and https://www.sg.nipponsteel.com/ 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

NIPPON STEEL TRADING CORPORATION'S STRATEGIC INVESTMENT IN SINGAPORE'S MLION CORPORATION, A LEADING DISTRIBUTOR OF FOUNDATION STEEL SOLUTIONS IN ASIA

HSINCHU, Oct. 1, 2024 /PRNewswire/ -- With the drive to reach zero net, solar power has emerged as the most cost-effective option. It is commonly installed on the rooftops, as well as on large surfaces and in aquatic areas. Year after year, the benefits of solar-aquaculture synergy grow. The fishing community in Southern Taiwan has been embracing the multi-benefit of employing solar power to enhance aquaculture environments, stabilize fishery growth, and accelerate the development of renewable energy. Szu-Ming Chen, Chairman of WIN WIN Precision Technology Co., Ltd., highlighted the significant differences between the aquaculture environment and everyday settings. He explained that conventional solar modules, if installed on fish farms, are prone to corrosion from water vapor, acidity and salt, which can adversely affect their power generation efficiency.

This year, the company will launch the AQUA salt-resistant double-glass module series, featuring double-layer coated glass with excellent density and light transmittance, POE encapsulation technology, highly waterproof seal performance of junction box, and apply a thicker oxidized film coating to shield the aluminum frame from corrosion. The AQUA series offers different power generation options based on size: 450W (23.1% efficiency) for the small dimension, and 600W (23.2% efficiency) for the large one. Given its high insulation and resistance to water vapor and acid, the series is especially well-suited for Taiwan's aquavoltaic system. Additionally, it can be tailored to provide heavy industrial consumers ground solutions.

After more than 15 years of operation in Taiwan and the worldwide renewable energy market, WIN WIN Precision Technology has demonstrated expertise in customizing solar modules for island climates, its solar brand WINAICO holds exclusive patents for the wind-resistant and water drain valve designs. WINAICO has consistently surpassed market standards in terms of both quality and reliability. The AQUA salt-resistant double-glass module series has passed TÜV Rheinland's stringent Damp Heat (DH) Tests (totaling 2,000 hours), as well as the grade 8 Salt Mist Test (surpassing the typical grade 6), reflecting WINAICO's commitment to product excellence. Mr. Chen explained that WIN WIN Precision Technology has applied the precision manufacturing principles from wafer equipment components to the solar industry. The company has produced high-quality products that satisfy market demands by using robust processes which assure proper application of specialized materials while achieving lower yield loss.

WIN WIN Precision Technology values both local and international collaboration, with its R&D headquarters in Taiwan and business teams in Taiwan, Europe, and Australia, it operates factories in Taiwan and Mainland China. In order to supply WINAICO products to the Australian and Taiwanese markets, the company runs an OEM production line in Thailand. With its brand present in 29 countries across four continents, the firm is positioned to engage in collaborations on renewable energy and pave the way for a green and sustainable future.

<We sincerely invite you to attend>
Exhibition: Energy Taiwan 2024
Date: October 2 (Wednesday) to October 4 (Friday)
Venue: Taipei Nangang Exhibition Center Hall 2, 1F
Booth No.: P0506 (Entrance of Zone P, Smart Storage Zone)
Exhibit Items: All-in-One Energy Storage System, Micro-grid, TOPCon AQUA Salt-Resistant Module, PERC VPC Solar Module

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Global Solar brand WINAICO Unveils Module for Aquaculture