FINWIRES · TerminalLIVE
FINWIRES

Mazda, Nippon Express Run Trial for Biodiesel Fuel Use

By

Mazda Motor (TYO:7261) and Nippon Express (TYO:9147) have launched a demonstration trial using biodiesel fuel (HVO) for finished vehicle transport trailers.

Mazda is aiming to achieve carbon neutrality across its entire supply chain by 2050, while the NX Group is working toward a carbon-neutral society, according to a Tokyo bourse filing on Tuesday.

The demonstration trial is conducted between Hofu's Nishinoura district plant and Nakanoseki finished vehicle yard, about a 12 km round trip, through the end of the year, evaluating fuel efficiency, performance, and operational challenges.

The biodiesel fuel will be procured by NX Shoji, with trailers operated under conditions equivalent to conventional diesel.

Going forward, Mazda will collaborate with fuel suppliers and regionally rooted businesses to expand demand, enhance supply systems, and build a sustainable environment for long-term HVO use.

Related Articles

Asia

Market Chatter: Japan's 10-year Bond Yield Drops After Strong Auction Demand

Japan's 10-year government bond yield dropped 11 basis points to 2.57% after an auction drew firm demand, with a bid-to-cover ratio of 3.53 exceeding the 12-month average of 3.35, Bloomberg News reported on Tuesday, citing senior strategists.The result provided a soothing sign to watchers of the Japanese government bond market, which had seen yields reach multi-year highs recently on concerns over inflation and fiscal policy stoked by the US-Iran war, the news wire.Investors are betting that the Bank of Japan may need to raise rates soon to combat inflation and curb the yen's weakness, as the currency edges closer to 160 against the dollar, the publication said.While yields have eased, oil prices remain elevated as the US struggles to revive peace efforts, and BOJ Governor Ueda has flagged vigilance over oil price spikes on inflation, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$^N225
Asia

Chengdu Kanghong Pharmaceutical Purchases 200 Million Yuan of Structured Deposit Products

Chengdu Kanghong Pharmaceutical (SHE:002773) purchased 200 million yuan of structured deposit products from Bank of China (HKG:3988, SHA:601988), according to a Tuesday filing with the Shenzhen bourse.The wealth management product has a term of 207 days, expiring on Dec. 25, 2026.

$HKG:3988$SHA:601988$SHE:002773
Asia

JWIPC Technology Warns of EPS Dilution from Planned Share Offering

JWIPC Technology (SHE:001339) warned of the possible dilution of earnings per share amid plans for a private share offering.EPS could be diluted as the maximum issuance of 75.7 million new shares would raise total capital by 30%, according to a Tuesday filing with the Shenzhen bourse.In a flat 2026 profit scenario, basic EPS would drop to 0.66 yuan from 0.68 yuan pre-offering.Shares of the IoT hardware products manufacturer closed 5% lower Tuesday.

$SHE:001339