LAGOS, Nigeria - Thursday, July 18th 2013 [ME NewsWire]

(BUSINESS WIRE) Kolapo Lawson, Chairman of Ecobank, commented: "I was disappointed to read the speculation about Ecobank in the media yesterday morning, July 17th 2013 relating to boardroom matters at Ecobank Transnational (ETI) and wish to state as follows:

"With regard to the letter from the CBN, documents have been provided to the CBN that show clearly that the information in their hands at the time the letter was written was incomplete.

"The loan to Agbara Estates, which is not yet due to be paid, was contracted between two management teams acting at arm’s length in the ordinary course of business, and was completed well before I became Chairman of the ETI Group. Furthermore, it is fully secured by a real estate project which has since increased in value and the overall value of the project is significantly higher than the loan. The Board has every assurance that the loan will be paid off before its due da ... Read more »

Realizes Top Class1 Low On Resistance Performance

TOKYO - Thursday, July 18th 2013 [ME NewsWire]

(BUSINESS WIRE) Toshiba Corporation (TOKYO:6502) today announced that it has launched the 4th generation of its super junction MOSFETs, the "DTMOS IV" series of 650V devices. The "TK14A65W" has been launched as the initial product in the series and full-scale mass production is scheduled to start in August, 2013. Using the latest single epitaxial process, the series reduces the Ron·A (on resistance per area) by approximately 50%2 compared to existing 650V "DTMOS II" series. This allows a line-up of small packages, contributing improved power efficiency and downsizing of products into which they are integrated.

To view the main specifications kindly click here

Notes: [1] As of July, 2013. Research by Toshiba Corporation. [2] Compared to "TK17A65U".

For more information about the product, please see the product page. http://www.semicon.toshiba.co.jp/eng/pro ... Read more »

Elevance-Wilmar Joint Venture Produces Renewable Performance Specialty Chemicals, Olefins and Oleochemicals

WOODRIDGE, Ill. & SINGAPORE - Thursday, July 18th 2013 [ME NewsWire]

(BUSINESS WIRE) Wilmar International Limited, Asia’s leading agribusiness, and Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, announced today that they have begun shipping commercial products, including novel specialty chemicals, to customers from their first world-scale joint venture biorefinery, located in Gresik, Indonesia. The biorefinery is the first based on Elevance’s proprietary metathesis technology.

"We are pleased to have successfully and safely completed construction, commissioning and startup, allowing us to commercially supply partners with better-performing, cost-competitive renewable alternatives to petrochemicals across multiple industries,” said Elevance CEO K’Lynne Johnson. "We have now turned our attention from construction and startup ... Read more »

New ZTE smartphones including Grand X to consumers across India differentiated experience and customized local features; ZTE to work with local partners to build pan-India presence


MUMBAI, India - Friday, July 19th 2013 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, today launched a new range of smartphones and data cards in India to provide consumers in the country with a choice of high-performance devices to enhance their mobile experience.

ZTE is offering six new smartphones, including the Quad-Core ZTE Grand X, featuring a brilliant 5-inch high-definition screen, in India, partnering with Calyx Telecommunications to make the devices widely available to consumers across the country. In addition, ZTE is introducing four new data cards together with partner Digilife to meet the needs o ... Read more »