Mitsubish Gas Chemical Company (MGC), Mitsubishi Corporation (MC) and Massy Holdings Ltd. (MHL) are the Sponsoring Equity Shareholders of CGCL.
Mitsubishi Gas Chemical Company (MGC) has been developing chemicals in a wide range of fields from basic chemicals to specialty chemicals. Segments include:
Natural Gas Chemicals
Information and Advanced Material
Role in Project: Owner of the Methanol and DME Technology License.
Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry. MC operates six (6) Business Groups:
Industrial Finance, Logistics & Development Group
Energy Business Group
Living Essentials Group
Role in Project: Project Coordinator
MASSY Holdings Ltd. (Massy) is the parent company of Massy Group of Companies. Massy operates in Trinidad and Tobago, Barbados, Jamaica and Guyana. Its key Business Units:
Distribution & Logistics
Automotive & Industrial Equipment
Energy & Industrial Gases
Information Technology & Communications
Role in Project: Local Partner
Mitsubishi Heavy Industries Limited and National Gas Company of Trinidad and Tobago Limited (NGC) are the Equity Investors of CGCL.
Mitsubishi Heavy Industries Limited (MHI) has a vast amount of experience in constructing chemical, power and environmental plants. MHI’s experience includes the building of: two (2) methanol plants in Venezuela, five (5) in Saudi Arabia and one (1) in Brunei
Role in Project: Engineering Procurement and Construction (EPC) Contractor (responsible for construction of the Methanol and DME plants)
National Gas Company of Trinidad and Tobago Limited (NGC) is a limited liability company wholly owned by the Government of Trinidad and Tobago. It is designated as the government’s prime mover in the natural gas sector. Since its establishment in 1975, NGC has played a leading and key role in the development of Trinidad and Tobago’s natural gas industry. The NGC Group has a diversified portfolio of business interests, and is primarily engaged in gas transportation and compression, merchant gas trading and investment holdings in downstream gas-related businesses.
Role in Project: DME Off-taker