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April 24, 2015 - Nippon Paper Industries Co., Ltd. (President: Fumio Manoshiro; hereinafter, "Nippon Paper Industries) and Mitsubishi Corporation (President: Ken Kobayashi; hereinafter, "MC") are pleased to announce that they have agreed to establish Nippon Paper Ishinomaki Energy Center Ltd. (tentative name) (hereinafter, "the new company"), an electric power generation business company that will construct and operate a thermal electric power generation facility using mixed fuel of coal and biomass in Ishinomaki City, Miyagi Prefecture.
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