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04JUN2004 Structural Reform and Personnel Reorganization
 

Yokohama, Japan - JGC Corporation has announced a structural reform and personnel reorganization effective as of May 1, 2004.

   
<Overview of Structural Reform>
 
  1)

As a part of our Mid-term Management Policy, "the Scenarios for Growth", the Global Marketing Division has been restructured to include the following new divisions in an effort to consolidate sales power for participation in new business and for the exploration of potential business fields.

  • Plant Project Sales Division - focuses mainly on EPC (Engineering, Procurement, Construction) jobs
  • Business Development & Promotion Division - mainly promotes resource development and business participation, as well as exploring markets for new energy.

Other changes include the transfer of several functions from the Technologies & Business Development Division to the Global Marketing Division, and the establishment of a "Research Office" within the Corporate Planning & Administration Division to support the Business Development & Promotion Division.

     
  2) The Procurement & Logistics Division has been set within the Energy Project Division in order to strengthen procurement functions and improve versatility and mobility in the ever-changing plant equipment and materials market.
   
3) Some areas within the Industrial Project Division's project and engineering function have been consolidated to carry out projects more efficiently in non-hydrocarbon businesses.
 


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