JXTG Holdings, Inc. - Integration of JX Engineering Corporation and Shinko Plantech Co., Ltd.
Leading Japanese law firm Nishimura & Asahi has advised JXTG Holdings, Inc. (“JXTGHD”) [TSE: 5020] on the intended integration of its subsidiary JX Engineering Corporation with Shinko Plantech Co., Ltd. (“Shinko”) [TSE: 6379] with a targeted closing date of April 1, 2019.
JXTGHD is a Japanese petroleum and metals conglomerate headquartered in Tokyo, Japan. JX Engineering Corporation supports JXTG group companies and customers from a broad range of industries, including oil and petrochemicals, metal and functional materials, oil logistics, and electric power. Shinko is a Japanese plant maintenance company that provides engineering expertise for plants in a broad range of industries, including oil, petrochemicals, general chemicals and pharmaceuticals.