NGK Invests 1 Billion Yen, Concludes Subscription Agreement with Biotech Company CHITOSE Group ~ Collaborate on Production Technology Development for Bioproducts Using Ceramic Technologies
NGK INSULATORS, LTD. (hereinafter “NGK”) has decided to invest 1 billion yen and conclude a subscription agreement with CHITOSE BIO EVOLUTION PTE. LTD. (Singapore; CEO: Tomohiro Fujita), the leader of the global bio-economy and the headquarters of the CHITOSE Group (hereinafter “CHITOSE”) who has been conducting the development of algae and other bio business. By using NGK’s proprietary ceramic