19 years of cooperation and trust

The 30th Plenary Session chaired by the President of the Republic of Kazakhstan dedicated to the «New Energy» was held on June 22, 2017 in Astana.

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About Mitsubishi Corporation (www.mitsubishicorp.com)

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. With over 200 bases of operations in approximately 80 countries worldwide and a network of over 500 group companies, MC employs a multinational workforce of nearly 60,000 people.

Through its Europe-CIS headquarters, based in London, and numerous offices spanning across the region, MC is committed to strengthening and developing its regional operations, and remains steadfast in its efforts to solidify relations with leading local enterprises.

In Western Europe the Company is working to expand its core operations, particularly through its Metals, Machinery, Chemicals, and Living Essentials business groups. Meanwhile in Central and Eastern Europe, Turkey, Russia, and Central Asia, MC is also responding to consumer market trends and significant infrastructure demand. MC is also engaged proactively in promoting renewable energy businesses such as solar photovoltaic, solar thermal, and wind power, as well as electric vehicle and next-generation battery businesses.

MC has enjoyed a longstanding relationship with Kazakhstan. With the opening of its Almaty Office in 1993, MC was one of the first global companies to establish a presence in the state following its independence. A second office was opened in Astana in 2008.

One of MC’s major business activities in Kazakhstan is the distribution of Mitsubishi Motors brand passenger cars through its subsidiary Rolf Import Kazakhstan LLP (RIK). RIK is the sole and exclusive importer of Mitsubishi Motor brand cars into Kazakhstan.  MC is also active in the sales of Mitsubishi Electric elevators and Mitsubishi Heavy Industries air-conditioners. MC also holds an indirect minority stake in the Kashagan Oil Field (NCOC) through Inpex Corporation.

With regard to the industrial-innovative development of Kazakhstan, MC is working to proactively develop petro-gas chemical projects, simultaneously taking on the role of developer, equity-investor, equipment-supplier and off-taker of products. In this regard, the Company is leveraging the experience and expertise it has developed through similar projects all over the world including in Uzbekistan and Turkmenistan. Furthermore, MC is striving to introduce state-of-the-art “Smart Community” technologies in Kazakhstan, promoting a range of initiatives including smart-grids linked with renewable energy sources, as well as Mitsubishi Motors electric vehicles

Please see below for more details on the global activities of MC’s different business groups

The Business Service Group & Global Environment Business Development Group are overseen directly by the President and their activities include the planning and execution of companywide, medium- to long-term strategies, follow-up on the development of cutting-edge technologies, and provision of support to each Business Group's development-related operations.

The Industrial Finance, Logistics & Development Group is developing industrial finance businesses which include merchant banking and M&A businesses such as asset management and buyout investment; asset finance and business development businesses such as leasing businesses and real estate funds; and businesses in other fields including real estate development, ownership and management, and logistics services and insurance.

The Energy Business Group, in addition to developing and investing in oil and gas projects, conducts trading activities in areas such as crude oil, petroleum products, liquefied petroleum gas (LPG), liquefied natural gas (LNG), and carbon materials and products.

The Metals Group trades, develops businesses and invests in a range of fields. These include steel products such as steel sheets and thick plates, steel raw materials such as coking coal and iron ore, and non-ferrous raw materials and products such as copper and aluminum.

The Machinery Group trades machinery in a broad range of fields, in which it also develops businesses and invests. These fields extend from large plants for producing essential industrial materials, including electricity, natural gas, petroleum, chemicals and steel, to equipment and machinery for transportation and distribution industries, including ships, trains and automobiles. It is also active in the aerospace and defense industries, and in general industrial equipment and machinery, including construction machinery, machine tools, and agricultural machinery.

The Chemicals Group trades and invests in the commodity chemicals and functional chemicals fields. Commodity chemicals include petrochemicals, olefins and aromatics, methanol, ammonia, chlor-alkali, fertilizer and inorganic chemicals. Functional chemicals include plastics, functional materials, electronic materials, food ingredients, and fine chemicals.

The Living Essentials Group focuses its activities in the fields of clothing, food and home-oriented living, as well as healthcare and media businesses. In areas from material procurement to the consumer market, we trade in products including foods, clothing, paper, packaging materials, cement, construction materials, and medical equipment and provide various services.