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Chiyoda to establishes a subsidiary in Brazil

Chiyoda Corp, Japan's leading engineering and construction firm, announced that it has established a subsidiary in Brazil. The opening ceremony was held in Rio de Janeiro on July 14, 2009.

Large-scale oil field development has been very active in Brazil in recent years. Chiyoda plans to participate in oil refining and gas projects in Brazil through its subsidiary there. In South America, various projects are also planned in Venezuela, including a large-scale project centered on Orinoco heavy oil.



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