JGC Holdings Corporation, formerly , and before that , is a global engineering company headquartered in

Yokohama is the List of cities in Japan, second-largest city in Japan by population as well as by area, and the country's most populous Municipalities of Japan, municipality. It is the capital and most populous city in Kanagawa Prefecture, with a popu ...

, Japan. The company was founded on 25 October 1928. In 1976, it changed its original name from Japan Gasoline Co. to JGC Corp. In 2019, it changed its name to JGC Holdings Corporation to reflect its changed corporate structure. JGC participates in the design and construction of large energy projects, such as

Al Zour Refinery The Al Zour Refinery is an oil refinery in southern Kuwait. It is the second-largest refinery in the Middle East and an essential part of Kuwait Vision 2035. It is Kuwait's largest environmental friendly oil refinery. Al Zour Refinery is a Kuw ...

, Nigeria LNG, Pearl GTL, Ichthys LNG, Gorgon LNG, Tangguh LNG and

Dolphin Gas Project The Dolphin Gas Project is the natural gas project of Qatar, the United Arab Emirates, and Oman. It is the Gulf Cooperation Council's first cross-border refined gas transmission project and the largest energy-related venture ever undertaken in the r ...

and over the course of the company's history it implemented over projects in 50 countries. The company is listed on the first section of

Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. The exchange is owned by Japan Exchange Group (JPX), a holding company that it also lists (), and operated by Tokyo Stock Exchange, Inc., a wholly owned sub ...

and is a constituent of the

TOPIX 100 The , commonly known as the TOPIX, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, along with the Nikkei 225. The TOPIX tracks the entire market of domestic companies and covers most stocks in the Tokyo Stock Exc ...

and

Nikkei 225 The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It is a price-weighted index, operating in the Japanese yen, Japanese Yen (JP¥), and its compone ...

stock market indices In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market perfor ...

Overview

The company is a leading engineering company in Japan. Their main business is "building manufacturing facilities to make products." These manufacturing facilities include oil refineries, petrochemical and chemical plants,

LNG Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume o ...

plants, and natural gas processing plants. Since its establishment, the company has carried out over 20,000 projects in more than 80 countries worldwide, boasting one of the most remarkable track records in the world. Especially in the area of LNG plants, they have designed and built plants that account for more than 30% of the world's production volume. During the plant construction boom in the late 2000s due to high crude oil prices, they adopted a selective order strategy, reducing sales while achieving record-high profits. In recent years, they have been exploring and expanding into new areas such as waste plastic gasification facilities, SAF production facilities, and lunar propellant plants. This indicates a move away from their traditional reliance solely on oil & gas operations. While the scale of their business in this sector isn't massive, they also have a track record in the life sciences field related to medical and pharmaceuticals. In 2008, they won a contract for the facility maintenance, operation, and procurement of

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

's Mental Health Center for about 15 years. This marked the first hospital PFI business for a domestic engineering company in Japan. Moreover, they are earnestly embarking on environmental businesses, including carbon credit trading, and participation in water quality improvement projects in China has been reported. In North America, they have started an oil development business as a 100% owned operator (producing about 1,000 barrels per day), indicating a notable expansion beyond plants. Domestically in Japan, the company, along with Toyo Engineering and Chiyoda Chemical Construction, was once called the "Big Three of Engineering." However, as of 2020, the company significantly outpaces the other two in terms of net profit and order backlog. Every month, on the last day, they advertise prominently on the front page of the morning edition of the

Nihon Keizai Shimbun ''The Nikkei'', also known as , is the flagship publication of Nikkei, Inc. (based in Tokyo) and the world's largest financial newspaper, with a daily circulation exceeding 1.73 million copies. The Nikkei 225, a stock market index for the Tokyo ...

newspaper.

References

External links

* {{Authority control Engineering companies of Japan Energy engineering and contractor companies Companies listed on the Tokyo Stock Exchange Companies in the Nikkei 225 Companies based in Yokohama Construction and civil engineering companies established in 1928 Japanese companies established in 1928