Capturing demand for fuel oil, petrochemical products and lubricants in emerging Asian markets
First written in FY2016. 8 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Through this transaction, we will acquire fuel oil and lubricant businesses in 6 countries: Singapore, Malaysia, the Philippines, Australia, Vietnam and Indonesia.」
To capture demand for fuel oil and lubricants in emerging Asian markets and elsewhere, the company proceeded to decide to acquire Chevron's businesses in 6 countries, in addition to strengthening its relationship with Vietnam National Petroleum Group. - FY2022AdvancedAnnual report
「During the fiscal year, we acquired additional shares to strengthen our relationship with the company.」
ENEOS Vietnam Company Limited acquired additional shares to strengthen its relationship with Vietnam National Petroleum Group, Vietnam's state-owned oil company. - FY2020AdvancedAnnual report
「Overseas, we began jointly examining the realization of an LNG business in Vietnam with our strategic partner, Vietnam National Petroleum Group.」
In addition to the fuel oil business in Vietnam, the company began jointly examining an LNG business with its strategic partner. - FY2019RestatedAnnual report
「Regarding overseas operations, we advanced consideration of a joint business at the Marifu Refinery with our strategic partner, Vietnam National Petroleum Group, to capture demand in Asia, where economic growth is continuing.」
Consideration of capturing Asian demand and a joint business with Vietnam's state-owned oil company is continuing, but no new completion milestone has been indicated. - FY2018AdvancedAnnual report
「Regarding overseas operations, we began examining a joint business at the Marifu Refinery with our strategic partner, Vietnam National Petroleum Group.」
To capture demand in Asia, the company proceeded to begin specific consideration of a joint business with Vietnam's state-owned oil company. - FY2017AdvancedAnnual report
「In April 2016, we invested in Vietnam National Petroleum Group, the state-owned oil company with the largest share of fuel oil sales in Vietnam, and entered into a strategic cooperation agreement with the company and the Vietnamese government, its largest shareholder.」
To capture demand in emerging Asian markets, the company proceeded with an investment in Vietnam's state-owned oil company and the execution of a strategic cooperation agreement involving the Vietnamese government. - FY2017-Q2RestatedAnnual report
「To date, both groups have worked to strengthen their competitiveness by pursuing rationalization and efficiency improvements, entering new businesses such as electricity and gas, expanding their overseas oil businesses, and reorganizing and integrating their operations.」
The direction of growth and competitiveness initiatives, including the expansion of overseas oil businesses, has been reaffirmed among the objectives of the management integration. - FY2016First statedAnnual report
「We will accelerate our overseas expansion, primarily in Asia, to steadily capture expected demand in emerging markets for fuel oil, petrochemical products and lubricants.」
The measures cited include an investment in Vietnam's state-owned oil company, paraxylene production and sales in South Korea, and overseas production and sales bases for lubricants.