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Mitsubishi Materials
, or MMC, is a Japanese company. It is a manufacturer of cement products, copper and aluminum products, cemented carbide tools, and electronic materials. It is one of the core companies of Mitsubishi Group. The company is listed on the Tokyo Stock Exchange and the Osaka Securities Exchange, and is a constituent of the Nikkei 225 stock market index. In 2018 Mitsubishi Materials admitted that five of its subsidiaries, Mitsubishi Cable Industries Ltd., Mitsubishi Shindoh Co., Mitsubishi Aluminum Co., Tachibana Metal MFG Co. and Diamet Corp., had falsified quality data over the past three years on shipments including aluminium and automotive components. Mitsubishi Materials has started investigations at about 120 factories in its group. Business summary Mitsubishi Materials Corporation has eight business sections, which are: * Cement business ** Portland cement ** Cement-related products ** Ready-mix concrete ** Building materials * Metals business ** Copper smelting ** Copper and ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ ...
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Fossil Fuel
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules created by photosynthesis. The conversion from these materials to high-carbon fossil fuels typically require a geological process of millions of years. In 2019, 84% of primary energy consumption in the world and 64% of its electricity was from fossil fuels. The large-scale burning of fossil fuels causes serious environmental damage. Over 80% of t ...
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Sintering
Clinker nodules produced by sintering Sintering or frittage is the process of compacting and forming a solid mass of material by pressure or heat without melting it to the point of liquefaction. Sintering happens as part of a manufacturing process used with metals, ceramics, plastics, and other materials. The atoms in the materials diffuse across the boundaries of the particles, fusing the particles together and creating one solid piece. Because the sintering temperature does not have to reach the melting point of the material, sintering is often chosen as the shaping process for materials with extremely high melting points such as tungsten and molybdenum. The study of sintering in metallurgical powder-related processes is known as powder metallurgy. An example of sintering can be observed when ice cubes in a glass of water adhere to each other, which is driven by the temperature difference between the water and the ice. Examples of pressure-driven sintering are the compact ...
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Cemented Carbide
Cemented carbides are a class of hard materials used extensively for cutting tools, as well as in other industrial applications. It consists of fine particles of carbide cemented into a composite by a binder metal. Cemented carbides commonly use tungsten carbide (WC), titanium carbide (TiC), or tantalum carbide (TaC) as the aggregate. Mentions of "carbide" or "tungsten carbide" in industrial contexts usually refer to these cemented composites. Most of the time, carbide cutters will leave a better surface finish on a part and allow for faster machining than high-speed steel or other tool steels. Carbide tools can withstand higher temperatures at the cutter-workpiece interface than standard high-speed steel tools (which is a principal reason enabling the faster machining). Carbide is usually superior for the cutting of tough materials such as carbon steel or stainless steel, as well as in situations where other cutting tools would wear away faster, such as high-quantity productio ...
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List Of Copper Alloys
Copper alloys are metal alloys that have copper as their principal component. They have high resistance against corrosion. The best known traditional types are bronze, where tin is a significant addition, and brass, using zinc instead. Both of these are imprecise terms, having both been commonly referred to as lattens in the past. Today the term ''copper alloy'' tends to be substituted, especially by museums. Composition The similarity in external appearance of the various alloys, along with the different combinations of elements used when making each alloy, can lead to confusion when categorizing the different compositions. There are as many as 400 different copper and copper alloy compositions loosely grouped into the categories: copper, high copper alloy, brasses, bronzes, copper nickels, copper–nickel–zinc (nickel silver), leaded copper, and special alloys. The following table lists the principal alloying element for four of the more common types used in modern ...
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Copper Smelting
Smelting is a process of applying heat to ore, to extract a base metal. It is a form of extractive metallurgy. It is used to extract many metals from their ores, including silver, iron, copper, and other base metals. Smelting uses heat and a chemical reducing agent to decompose the ore, driving off other elements as gases or slag and leaving the metal base behind. The reducing agent is commonly a fossil fuel source of carbon, such as coke—or, in earlier times, charcoal. The oxygen in the ore binds to carbon at high temperatures due to the lower potential energy of the bonds in carbon dioxide (). Smelting most prominently takes place in a blast furnace to produce pig iron, which is converted into steel. The carbon source acts as a chemical reactant to remove oxygen from the ore, yielding the purified metal element as a product. The carbon source is oxidized in two stages. First, the carbon (C) combusts with oxygen (O2) in the air to produce carbon monoxide (CO). Second ...
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Ready-mix Concrete
Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site "ready to use". There are two types with the first being the barrel truck or in–transit mixers. This type of truck delivers concrete in a plastic state to the site. The second is the volumetric concrete mixer. This delivers the ready mix in a dry state and then mixes the concrete on site. However, other sources divide the material into three types: Transit Mix, Central Mix or Shrink Mix concrete. Ready-mix concrete refers to concrete that is specifically manufactured for customers' construction projects, and supplied to the customer on site as a single product. It is a mixture of Portland or other cements, water and aggregates: sand, gravel, or crushed stone. All aggregates should be of a washed type material with limited amounts of fines or dirt and clay. An admixture is often added to improve workability of the concrete ...
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Portland Cement
Portland cement is the most common type of cement in general use around the world as a basic ingredient of concrete, mortar, stucco, and non-specialty grout. It was developed from other types of hydraulic lime in England in the early 19th century by Joseph Aspdin, and is usually made from limestone. It is a fine powder, produced by heating limestone and clay minerals in a kiln to form clinker, grinding the clinker, and adding 2 to 3 percent of gypsum. Several types of portland cement are available. The most common, called ordinary portland cement (OPC), is grey, but white Portland cement is also available. Its name is derived from its resemblance to Portland stone which was quarried on the Isle of Portland in Dorset, England. It was named by Joseph Aspdin who obtained a patent for it in 1824. His son William Aspdin is regarded as the inventor of "modern" portland cement due to his developments in the 1840s. The low cost and widespread availability of the limestone, shales ...
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Nikkei Inc
Nikkei can refer to: *, abbreviated , Nikkei, a large media corporation in Japan *, abbreviated , Nikkei, a major business newspaper published in Japan *, a Japanese stock market index, published by ''Nihon Keizai Shimbun'' *, often simply ''Nikkei,'' people in the Japanese diaspora *, a Japanese-language newspaper published in São Paulo, Brazil {{disambig ...
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Stock Market Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the sam ...
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Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$5.67 trillion as of February 2019. The exchange is owned by the Japan Exchange Group (JPX), a holding company that it also lists (). JPX was formed from its merger with the Osaka Exchange; the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a ''kabushiki gaisha'' (joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of compa ...
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