Key Developments: Chiyoda Corp (6366.T)

6366.T on Tokyo Stock Exchange

21 Nov 2014
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Latest Key Developments (Source: Significant Developments)

KBR Inc signs Acetic Acid Technology Alliance with Chiyoda Corp
Monday, 3 Nov 2014 08:50am EST 

KBR Inc:Signs agreement with Chiyoda Corporation, a engineering and construction firm in Japan, to license CT-ACETICA(TM) technology.Process has tangible advantages including i) the easy-to-handle catalyst, ii) limited loss of precious rhodium, iii) efficient reactor, iv) low content of by-products, and v) relatively low corrosivity.Acetic acid is used in the production of paints and coatings, plastic bottles, adhesives and disinfectants.KBR will exclusively license CT-ACETICA technology worldwide.CT-ACETICA is uniquely positioned as an open-market licensed acetic acid technology.  Full Article

Chiyoda to pay year-end dividend for FY 2014
Monday, 12 May 2014 11:00pm EDT 

Chiyoda Corp:To pay year-end dividend of 16 yen per share, below latest dividend forecast of 19 yen per share, for fiscal year 2014.Record date March 31 and effective date June 26.  Full Article

Chiyoda Corp and CB&I sign North American LNG cooperation agreement
Monday, 13 Jan 2014 07:00pm EST 

Chiyoda Corp:Says it signed a cooperation agreement with CB&I to design and build liquefied natural gas (LNG) export facilities in North America.Says the company has cooperation experience with CB&I working jointly on LNG projects in Australia, Russia and East Africa.Says this agreement extends the companies' relationship to include North American LNG projects.  Full Article

Chiyoda Corp Invests in MPDC Gabon Co. Ltd.
Thursday, 3 Oct 2013 08:00pm EDT 

Chiyoda Corp announced that it has acquired 2,475 shares (equivalent to 25% of issued shares) of MPDC Gabon Co. Ltd. (MPDC) from Mitsubishi Corporation. MPDC holds participating interests in two offshore blocks in Republic of Gabon, including a 50% interest in Baudoroie Merou block and a 50% interest in Loche East block. Through investment in MPDC, Chiyoda expects to acquire knowledge of the needs for offshore and upstream industries. After the transaction, Mitsubishi is holding 75% stake in MPDC.  Full Article

Chiyoda Corp Announces Capital Alliance with Xodus Group (Holdings) Limited in Scotland - Nikkei Net
Wednesday, 3 Jul 2013 10:31pm EDT 

Nikkei Net reported that Chiyoda Corp and Xodus Group (Holdings) Limited have formed a strategic capital alliance, with Chiyoda having acquired the majority of shares in Xodus Group from the previous investors, Sunrise Xodus B.V. and Simmons Parallel Private L.P. The acquisition amount is approximately JPY 10 billion. By integrating Chiyoda's engineering capability and Xodus Group's knowledge in offshore and upstream, Chiyoda will expand its business fields and will provide integrated services to enhance the value for customers in energy development projects.  Full Article

Chiyoda Corp to Issue Year-end Dividend for FY 2013
Thursday, 9 May 2013 11:00pm EDT 

Chiyoda Corp announced that it has decided to issue a year-end dividend of JPY 19 per share, above the latest dividend forecast of JPY 17.5 per share, disclosed on January 31, 2013, to all the shareholders of record as of March 31, 2013, effective June 26, 2013.  Full Article

Chiyoda Corp Appoints Chairman and President
Thursday, 7 Feb 2013 10:00pm EST 

Chiyoda Corp announced that it has appointed Takashi Kubota as Chairman of the Board, and has appointed Shogo Shibuya to replace Takashi Kubota as President of the Company, effective April 1, 2013.  Full Article

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