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Chiyoda & CCC Establish JV Company to Target ME Market

Source: www.gulfoilandgas.com 3/26/2013, Location: Middle East

Chiyoda Corporation (Chiyoda) and Consolidated Contractors Company (CCC), announce that they established a joint venture company in Singapore. The name of the company is Chiyoda-CCC Engineering (PTE.) Limited (CCEL) having its regional headquarters in Abu Dhabi, United Arab Emirates.

The purpose of this establishment is to operate an engineering company targeting certain hydrocarbon processing industries within the Middle East. Taking advantage of regional presence and resources, CCEL shall provide total project lifecycle services in energy, oil, gas, petrochemicals & utilities sectors.

Chiyoda, a leader in energy technologies, brings world-class engineering and procurement capabilities to this venture, while CCC contributes with its strong construction arm and extensive presence in the region.

Being located in close proximity to customers within the Middle East countries, CCEL will be able to offer its comprehensive engineering and project lifecycle capabilities to new installations and existing facilities.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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