Case Study: Chiyoda Corporation, Japan

917 Words 4 Pages
Chiyoda Corporation, Japan

Alex Uchrin

Contents
History: 3
Some of the company’s Business Fields: 3
Green energy 3
Environmental protection 3
Pharmaceutical 4
Petrochemical 4
Refineries 4
Upstream 4
Global network: 5
Upcoming project: 5
MHI (Mitsubishi Heavy Industries), Chiyoda plans first offshore hydrogen plant 5
Bibliography 9

History:

Chiyoda started out as a small two-story wooden building in Tokyo, with 25 employees, in 1948. The founder, Mr. Akiyoshi Tamaki, had been a manager of the construction division at Mitsubishi Oil Co., Ltd. He committed himself to the creation of an advanced engineering company. For this purpose he retained some of the engineers in Mitsubishi Oil, which had been substantively liquidated just
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The company then set its view on business abroad. In 1966, CHIYODA acquired the order for its first overseas turnkey construction project in Saudi Arabia, namely the construction of Jeddah refinery. That was a part of their strategy to push their business into counties, which held over third of the world's natural resources in gas (such as Russia, Saudi Arabia, Qatar, and Iran).

They had a good start and in 1970, the value of orders received exceeded 100 billion yen. The number of employees reached 2,700.

Since 1984 CHIYODA looked for ways to diversify its business interests in the domestic market, such as non-hydrocarbon fields. The number of CHIYODA’s subsidiaries and affiliates increased to 51 in 1999.

CHIYODA became the first Japanese company in the Middle East region that ventured into the LNG market. The Company undertook construction of an LNG plant in the United Arab Emirates in 1973 and, subsequently, constructed several other LNG projects all over the world, for example countries like Oman, Russia (Sakhalin) and Papua New Guinea. One of them was the Liquid Natural Gas plant in Qatar, Ras Laffan city. Chiyoda consider it as its greatest achievement. This is the most advanced Gas-to-Liquid factory in the world.

Some of the company’s Business
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Bio-Pharmaceutical Plants
Genetically modified protein purification facility
Protein purification column system
Petrochemical
The petrochemical industry produces various kinds of chemical products such as polymers, fibres or rubber, from such raw materials as petroleum, LPG, natural gas and other hydrocarbons through many different production processes.
Chiyoda Corporation has been engaged in the design and construction of ethylene plants and many downstream petrochemical and chemical plants that utilize various products of ethylene plants since the period of rapid economic growth that started in the 1960s
Key feature of petrochemical and chemical plants is that very long and complicated processes are often required for their removal and the refining of the product materials, due to a variety of by-products generated from the reaction process (a core role of these plants). A variety of operations and equipment are also necessary for that purpose.
Refineries
Chiyoda provides a wide range of services from planning phase to EPC, O&M, expansion, revamping etc.

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