Nippon Steel Expects Geothermal Sales of $49 Million in 2015 (Businessweek)
A unit of Nippon Steel & Sumitomo Metal Corp., Japan’s largest steelmaker, expects annual sales of 5 billion yen ($49 million) from its geothermal business as early as 2015.
Nippon Steel & Sumikin Engineering Co. plans to expand its business in Japan and in countries such as Indonesia, Ryuichi Kageyama, general manager for the geothermal power business, said at a briefing today. It also plans to enter plant operation, maintenance services and power retailing, he said.
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