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Sojitz Marine News

15 Mar 2012

Sojitz Marine & Engineering Invests in Ecochlor

Ecochlor Inc. announced that it had recently completed a $4.1 million equity financing to support its growth into the burgeoning ballast water treatment market. Investors participating in the financing included Sojitz Marine & Engineering Corporation, the shipping subsidiary of the Japanese trading company, Sojitz Corporation, and a number of individual investors. Sojitz invested $1.8 million. As part of the financing, Sojitz became the exclusive distributor for Ecochlor’s products in Japan and Taiwan and a non-exclusive distributor in China and South Korea. “We are pleased to have the support of Sojitz, both as an investor and as a distribution Partner,” said Charlie Miller, Ecochlor’s CEO.

15 Mar 2012

BWT Company Boosts Equity

Ballast water treatment plant manfufacturers Ecochlor, Inc. announced today that it recently completed a $4.1 million equity financing to support its growth into the burgeoning ballast water treatment market. Investors participating in the financing included Sojitz Marine & Engineering Corporation, the shipping subsidiary of the Japanese trading company, Sojitz Corporation, and a number of individual investors. Sojitz invested $1.8 million. Since its formation in 2001, Ecochlor has raised over $12 million in equity. The company’s Ballast Water Treatment Systems use chlorine dioxide technology, which has been used in water treatment and industrial applications for decades, to disinfect water used as ballast on ships.

17 May 2010

Adachi Joins GAC Japan Shipping Team

Photo courtesy GAC Group

GAC has appointed marine sales engineer Yuichi Adachi as Marketing Manager - Shipping for Japan. He joins an established team – Senior Marketing Manager Ichiro Tanami and Marketing Manager Jose Miyazaki - dedicated to serving the interests of the Group’s Japanese customer base. Adachi brings to his new role extensive contacts with the country’s ship-owning and building community, having served for the past three years as Local Division Manager of ABB K.K. Japan’s Marine & Crane Division, responsible for marketing and sales of specialised electric propulsion systems.