Key Developments: JGC Corp (1963.T)

1963.T on Tokyo Stock Exchange

2,510JPY
18 Dec 2014
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Latest Key Developments (Source: Significant Developments)

JGC CORP announces officer changes
Friday, 9 May 2014 02:00am EDT 

JGC CORP:Appoints Masayuki Sato, current vice president and CFO as new chairman to replace Keisuke Takeuchi.Effective June 27.  Full Article

EPS Corporation to acquire JGC Pharma Services Co., Ltd. from JGC CORP
Monday, 17 Feb 2014 02:00am EST 

EPS Corporation and JGC CORP:EPS Corporation to acquire 14,600 shares of JGC Pharma Services Co., Ltd., which engages in contract research organization business, for 1,100 million yen from JGC Corporation.Transaction to be conducted on Feb. 28.EPS to hold 100 pct voting power in JGC Pharma Services, up from 0 pct.  Full Article

JCR affirms rating on JGC CORP at "A+" - Reuters
Wednesday, 22 Jan 2014 07:00pm EST 

JGC CORP:Says Japan Credit Rating Agency, Ltd. (JCR) affirmed the rating on JGC CORP at "A+" - Reuters.Says the rating outlook is stable.  Full Article

JGC CORP and Fluor awarded EPC contract for proposed Kitimat LNG plant in Canada
Monday, 13 Jan 2014 07:00pm EST 

JGC CORP:Says a contract has been awarded by Chevron Canada Limited (Chevron) to a joint venture of JGC and Fluor to provide engineering, procurement and construction services for the proposed Kitimat LNG plant to be built in Bish Cove, British Columbia, Canada.Says Chevron and Apache Canada Limited (Apache) each hold a 50 pct interest in the proposed plant, which will have an annual capacity of 11 million tonnes per year (two liquefaction trains of 5.5 million tonnes).  Full Article

JGC CORP Receives Order-Nikkan Kogyo Shimbun Newswave21
Sunday, 6 Oct 2013 08:00pm EDT 

Nikkan Kogyo Shimbun Newswave21 reported that JGC CORP has received an order from Chevron Phillips Chemical, which is a joint venture of Chevron Corporation and Phillips 66, to undertake the construction project of a ethylene manufacturing plant with an annual production capacity of 1,500,000 ton. The contract amount is expected to be above JPY 200 billion.  Full Article

Fluor Corp And JGC Corp Receives EPC Contract By Chevron Phillips Chemical For Gulf Coast Petrochemicals Project In Texas
Thursday, 3 Oct 2013 08:14am EDT 

Fluor Corp And JGC Corp announced that their 50/50 joint venture was awarded an engineering, procurement and construction (EPC) contract by Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) for its U.S. Gulf Coast (USGC) Petrochemicals Project. Fluor booked its share of the undisclosed contract value in the third quarter of 2013.  Full Article

JGC CORP to Issue Year-end Dividend for FY 2013
Sunday, 12 May 2013 10:30pm EDT 

JGC CORP announced that it has decided to issue a year-end dividend of JPY 45.5 per share, above the latest dividend forecast of JPY 43.5 per share, disclosed on February 13, 2013, to all the shareholders of record as of March 31, 2013, effective June 28, 2013.  Full Article

Technip and JGC Corp Consortium To Build Russian LNG Plant-Reuters
Monday, 1 Apr 2013 08:11am EDT 

Reuters reported that A consortium including Technip and JGC Corp has won a tender to build a liquefied natural gas plant in the Yamal peninsula. The financial details of the tender were not disclosed.  Full Article

JGC CORP Announces Merger Between Subsidiaries
Sunday, 31 Mar 2013 10:30pm EDT 

JGC CORP announced its wholly owned subsidiary, JGC Plant Solutions CO.,LTD, will merge with another wholly owned subsidiary of the Company, which is engaged in examination and cleaning of equipment for petroleum refining, chemical and medical manufacturing, effective July 1, 2013. JGC Plant Solutions CO.,LTD will be the surviving company and change name to JGC Plant Innovation Co., Ltd after the merger.  Full Article

JGC CORP Receives $2 Billion Malaysia LNG Train Order-Reuters
Wednesday, 13 Mar 2013 08:49pm EDT 

Reuters reported that JGC CORP said it has won a $2 billion order from Malaysian state oil firm Petroliam Nasional Bhd (Petronas) for a new liquefied natural gas (LNG) train in Malaysia's Sarawak state on Borneo island. The liquefaction facility, Petronas LNG Train9 with a capacity of 3.6 million tonnes per annum (mtpa), is due to be completed by end of 2015, and will bring the total capacity of the Petronas LNG complex to around 27.6 mtpa.  Full Article

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