Cell Impact has formed a new Japan-based subsidiary to better serve the rapidly expanding fuel cell and hydrogen market in the region.
Unveiled today (3rd Dec), Cell Impact Japan is expected to start business during the first quarter of next year and will be based in Tokyo.
The announcement follows Memorandum of Understanding signed in September between Cell Impact and Japanese Nakanishi Metal Works which saw the two companies investigate the possibilities for a collaboration on international business development.
After a year-long feasibility study, the two companies jointly decided there were insufficient joint synergies to justify deeper cooperation, resulting in the formation of the Japanese focused Cell Impact subsidiary.
Shigeru Nakagawa, currently New Business Development Director for NKC Japan, has been named CEO of the new company, having been responsible for the joint development initiatives of NKC and Cell Impacts in Japan for the past two years.
“I have really appreciated working with Mr. Nakagawa during this exciting period, and I am extremely pleased that he has accepted the position of CEO of Cell Impact’s Japanese subsidiary,” said Pär Teike, CEO of Cell Impact.
“Mr. Nakagawa will create continuity in the projects we have already launched in Japan, which is one of the world’s fastest and most promising markets for fuel cells.”
“I would like to thank the team at NKC for their work that has led to such good results for Cell Impact in Japan. I now look forward to starting work on Cell Impact, which I believe has a very important role to play in the rapidly expanding market for clean energy from fuel cells and hydrogen,” Nakagawa added.
This article is reproduced at www.h2-view.com
