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History

1928〜

JGC Corporation (formerly Japan Gasoline Co., Ltd.) was founded on 25 October 1928 with capital of 2.5 million yen. Its first head office was located at Uchisaiwai-cho, Koji-machi, in Tokyo. The original purpose of the company was to purchase cracking processing technology from UOP (Universal Oil Products) of the USA, with the intent to construct and operate an oil refinery on the Pacific Rim. However, JGC opted to withdraw from refinery operations for several reasons, and instead, focused its business operations on promoting the UOP processing license. To further this new direction, the company commenced engineering operations during the 1930's.

Founder Masao Saneyoshi

Founder Masao Saneyoshi


1940〜

Restoration from WWII included new construction as well as modernization of oil refineries in Japan. At about this time, JGC expanded its engineering operations, as the sudden rise of the petrochemical industry created a large new demand for oil refineries.

In 1956, JGC secured a lump-sum contract to construct the new Tokuyama Refinery for Idemitsu Kosan, Co., Ltd., which was the first large scale grassroots petroleum refinery in Japan. The new project was fully completed under a tight schedule and served to solidify the company's reputation as a successful and reliable engineering contractor. Subsequently, JGC won consecutive contracts to construct petroleum refineries and petrochemical plants and supported the growth and advancement of the Japanese economy.

The Tokuyama Refinery for Idemitsu Kosan

The Tokuyama Refinery for Idemitsu Kosan


1960〜

By 1965, after winning refinery projects in Peru, Argentina, and Venezuela, JGC had grown into a global contractor. Following this, business soon extended to markets in China, Southeast Asia, North Africa, and Eastern Europe.

Over the years, JGC also expanded into diverse fields of business including nuclear power, pharmaceutical and food products. In 1969, the company joined the first section of the Tokyo Stock Exchange.

In 1975, JGC maintained a contract rate for foreign projects of over 50%, solidifying its global foundations. In 1976, the company officially changed its name from Japan Gasoline Co., Ltd. to JGC Corporation.

The Crown Prince (Emperor Akihito) visiting an oil refinery in Peru

The Crown Prince (Emperor Akihito)
visiting an oil refinery in Peru


1980~

In 1980, JGC took on a project to modernize a refinery in Kuwait, and made full application groundbreaking methods of modern project management with highly successful results.

In order to survive the global cost race resulting from the strong yen following the Plaza accord in 1985, JGC began establishing overseas bases of operations, developing a global network to secure its position as a global engineering contractor. As a result, JGC continued to receive contracts for major LNG plants, refineries and petrochemical plants, The year 1997 was also when the main office operations in Otemachi, Tokyo merged with the engineering center in Minami-ku, Yokohama, to found the Yokohama World Operations Center (Yokohama Headquarters) in the Minato-Mirai area of Nishi-ku, Yokohama.

The refinery in Map Ta Phut, Thailand

The refinery in Map Ta Phut, Thailand

Yokohama World Operations Center

Yokohama World Operations Center


2000~

Entering the 2000's, with the price of crude oil skyrocketing against a backdrop of increasing energy demand from emerging countries, Gulf countries experienced an unprecedented plant construction boom. In addition, amid increasing investment in natural gas due to growing global concern about environmental conservation, JGC received orders for LNG plants, and the world's third FLNG (Floating LNG) plant construction project, located in Malaysia. As a result, JGC is currently one of the four largest specialists in LNG projects worldwide, well-positioned to respond to increased demand for natural gas projects.

Since 2011, in keeping with the Company’s targeted corporate image of becoming a “Program Management Contractor & Investment Partner”, JGC has been contributing to the total fulfillment of clients’ diversified needs by expanding its engagement to every phase of the plant business, from development project planning to operation & maintenance services. In addition, we are actively pursuing investment opportunities in business fields where optimum results can be expected through the synergistic effect produced by the involvement of members of the JGC Group.

The refining and petrochemical complex in Rabigh, Saudi Arabia

The refining and petrochemical complex
in Rabigh, Saudi Arabia

The FLNG plant in Malaysia(conceptual drawing)

The FLNG plant in Malaysia(conceptual drawing)


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