BIZ BRIEF: Nippon Steel, Sumitomo Metals shareholders approve merger

BIZ BRIEF: 3 Japanese firms in LNG project in U.S.

Mitsui & Co., Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha (NYK) will take part in a project to export liquefied natural gas (LNG) produced in the United States to Japan, the three companies said on May 17.

BIZ BRIEF: New Toshiba factory starts transformer production in Brazil

Toshiba Corp. announced on May 17 that Toshiba Infrastructure South America Ltd., a Brazilian Toshiba group company, has started production of power transformers in a plant built in Betim, Minas Gerais state.

BIZ BRIEF: Cerberus extends Seibu tender offer bid period

U.S. investment fund Cerberus Capital Management L.P. has extended the deadline on its tender offer for the common shares of Seibu Holdings Inc. from May 17 through May 31.

BIZ BRIEF: Advantest opens semiconductor factory in South Korea

Advantest Corp. announced May 17 that its new factory in Cheonan, South Korea, has been completed.

BIZ BRIEF: Toyo wins contract for polyethylene plant in U.S.

Toyo Engineering Corp. has won a contract from Sasol North America, Inc. to provide Front End Engineering Design (FEED) services for a 450,000-ton per year linear low density polyethylene plant at a planned petrochemical complex in Lake Charles, Louisiana.