Ground Breaking Ceremony for the Nghi Son Refinery and Petrochemical Complex

October 24, 2013
Idemitsu Kosan Co., Ltd.
Mitsui Chemicals, Inc.

Idemitsu Kosan Co.,Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Takashi Tsukioka, hereinafter referred as "Idemitsu") and Mitsui Chemicals, Inc. (Headquarters: Minato-ku, Tokyo; President: Toshikazu Tanaka, hereinafter referred as " Mitsui") hereby announce that The Nghi Son Refinery and Petrochemical Limited Liability Company (NSRP), in which Idemitsu, Mitsui, Kuwait Petroleum International, and PetroVietnam have a stake, began work on the construction of the Nghi Son Refinery and Petrochemical Complex on July 22 and held a Ground Breaking Ceremony on October 23 (local time) with the participants from each country concerned including Vietnamese Prime Minister Dung.

1. Date the construction work started July 22, 2013
2. Ground Breaking Ceremony (1) Date October 23, 2013
(2) Attended by Vietnam Mr. Nguyen Tan Dung, Prime Minister
Mr. Phung Dinh Thuc, Chairman, PetroVietnam
Mr. Do Van Hau, President, PetroVietnam
Kuwait Mr. Mustafa Al-Shemali, Minister of Oil
Mr. Nizar Al-Adsani, CEO, Kuwait Petroleum Corporation
Mr. Mohammad Al-Mutairi,
Managing Director, Kuwait Petroleum International
Japan Mr. Takayuki Sumita,
Director-General for Natural Resources and Fuel Department, Agency for Natural Resources and Energy
Mr. Hiroshi Fukada,
Ambassador Extraordinary and Plenipotentiary to Vietnam
Mr. Keisuke Takeuchi,
Chairman and Representative Director, JGC Corporation
Mr. Kazuhisa Nakano,
Chairman and Representative Director, Idemitsu Kosan Co.,Ltd.
Mr. Toshikazu Tanaka,
President and CEO, Mitsui Chemicals, Inc.
Sponsor Mr. Kazutoshi Shinmura, President, NSRP
3.Future schedule Construction is expected to be completed in 2016 and commercial operations are expected to commence in 2017.

View of the Ground Breaking Ceremony


MEDIA CONTACT

PR Section, PR & CSR Affairs Office, Idemitsu Kosan Co., Ltd. Tel: +81-3-3213-3115
Corporate Communications Division, Mitsui Chemicals, Inc. Tel: +81-3-6253-2100

Attachment

Ground Breaking Ceremony for the Nghi Son Refinery and Petrochemical Complex (PDF:101KB)PDF