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Reuters: Chiyoda Corporation Collaborates with Shell Global Solutions to Offer Integrated…

Sun Jan 6, 2008 10:09pm EST 

Chiyoda Corporation Collaborates with Shell Global Solutions to Offer Integrated Solutions to Local Industries

YOKOHAMA, Japan–(Business Wire)–Chiyoda Corporation (TOKYO: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.

Chiyoda Corporation
Ken Ito/Kenichi Aoki, +81-45-506-7538
Investor Relations and Corporate Relations Office
[email protected]
Fax: +81-45-506-7085
www.chiyoda-corp.com

Copyright Business Wire 2008

© Reuters 2008 All rights reserved

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