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Business

Iwatani boosting hydrogen output capacity

OSAKA -- Iwatani is taking steps to raise production capacity for hydrogen gas 80% by fiscal 2018 to meet future demand from fuel cell vehicles.

     The Japanese company will invest as much as 12 billion yen ($97.3 million) to expand its two existing factories in Chiba and Yamaguchi prefectures and to build a plant with two hydrogen gas production facilities in Kanagawa Prefecture.

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