Mitsubishi Wins 15-Year Contract For Nagasaki Incinerator

Law360, New York (September 24, 2013, 3:58 PM EDT) -- A unit of Japanese industrial giant Mitsubishi Corp. said Tuesday it had received a 12 billion yen ($121 million) contract to build and operate a trash incinerator in Nagasaki under Japan's public-private partnership framework.

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co. Ltd. will construct a 240-tons-per-day plan and operate it for 15 years. In context, that's about 2 percent of the trash spewed by New York City every day.

The incinerator, which is required under the contract to be operational by October 2016, will replace...
To view the full article, register now.