News

Chiyoda Corporation (TSE:6366; ISIN:JP3528600004), (hereinafter “Chiyoda”) has concluded a collaboration agreement with Shell Global Solutions (Japan) K.K. (hereinafter “SGS(J)”) to conduct marketing in the Japanese market on Shell Global Solutions International B.V’s (hereinafter “SGSI”) consultation on plant optimization. Chiyoda will conduct consultations with Chiyoda Advanced Solutions (ChAS) as the focal point, which provides advanced engineering solutions and consultation within the Chiyoda group. Up to now, Chiyoda and SGS(J) have concluded agreements and have conducted consultation related to the support of the MERIT (Maintenance Enhancement Reliability Improvement Team) program that is aimed for the streamlining of equipment management and improvement of profits targeting the oil and the petrochemical industry. This agreement will be a step forward from the conventional agreement, as it expands the target from the oil and the petrochemical industry to power, gas and steel industry etc. Also it intends to increase and optimize the plant owner’s profits by providing best practices and know-how on the plant’s operation strategy, operation and maintenance possessed by the major oil company, along with the solutions on reduction of CO2 emission and environmental protection.

Chiyoda will provide comprehensive and integrated consultation that will optimize profits by digging out plant owner’s potential business opportunities not only in the area of equipment management optimization but also in diverse areas such as organization optimization, supply chain management, energy management, and HSE (Health, Safety and Environment) management. Chiyoda and ChAS will promote plant lifecycle engineering that is the key concept of Chiyoda and enrich their engineering service to their customers by providing consultation to the customers in Japan, and will expand their activities in the APC (Asset Performance Consultation) field.

Chiyoda Corporation, headquartered in Yokohama, Japan, provides services in the field of engineering, procurement and construction (EPC) for gas processing, oil refineries and other hydrocarbon processing and industrial plant projects, particularly in Gas Value Chain areas, on a global basis including the Middle East, Russia, Africa and South East Asian regions. For almost 60 years, Chiyoda has constantly leveraged its extensive experience and a far-reaching global network to give it an unrivaled advantage.