Chiyoda Announced Award of Basic Design and Engineering Package Contract for Pulau Bukom Refinery in Singapore

YOKOHAMA, Japan--()--Chiyoda Singapore (Pte) Limited, a group company of Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004) signed a Contract with Shell Eastern Petroleum Limited in Singapore, for Basic Design and Engineering Package (BDEP) for its Pulau Bukom Refinery for a desulfurization facilities on 7th October, 2009. The work will be executed by Chiyoda Singapore (Pte) Limited as prime contractor, with the collaboration of Chiyoda Corporation.

Chiyoda group has a long relationship and global experience with Shell.

The contract on a unit rate basis shall be for a period of nine (9) months and comes with an option to the next phase for further three (3) years. The scope of the works will comprise basic engineering and cost estimate for further step of the project.

Chiyoda is urging to strengthen Chiyoda Singapore (Pte) Limited as the regional headquarters in South East Asia which is one of the main parts of new mid term management plan for the duration of April 2009 to March 2013 of Chiyoda group. It is sure that this project will definitely be a trigger to boost its growth of the operation in the region.

Chiyoda Corporation, headquartered in Yokohama, Japan, provides services in the field of engineering, procurement and construction for gas processing, refineries and other hydrocarbon and industrial plant projects, particularly in refinery areas, on a global basis including the Middle East and South East Asian regions. For more than 50 years, Chiyoda has constantly leveraged its extensive experience and a far-reaching global network to give it an unrivaled advantage. Chiyoda continues to provide best solutions in the areas, such as the Middle East and South East Asian regions, where many refinery projects are expected in the future.

Contacts

Chiyoda Corporation
Ken Ito/Masako Takahashi, +81-45-506-7538
Investor Relations and Corporate Communications Office
Fax: +81-45-506-7085
masatakahashi@ykh.chiyoda.co.jp
http://www.chiyoda-corp.com

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Contacts

Chiyoda Corporation
Ken Ito/Masako Takahashi, +81-45-506-7538
Investor Relations and Corporate Communications Office
Fax: +81-45-506-7085
masatakahashi@ykh.chiyoda.co.jp
http://www.chiyoda-corp.com