Trust Recovery Growth Vitalization - Marubeni
Trust Recovery Growth Vitalization - Marubeni
Trust Recovery Growth Vitalization - Marubeni
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Other Regions<br />
■ Brazil<br />
Brazil has seen its influence on the global stage increase rapidly<br />
in recent years. The nation has the largest economy in Latin<br />
America, and often speaks on behalf of Third World countries at<br />
international organizations like the WTO and United Nations.<br />
<strong>Marubeni</strong> Brasil S.A., which now has offices in Sao Paolo,<br />
Rio de Janeiro and Salvador, has been operating for almost 50<br />
years. Activities include the export of soybeans, broilers, iron<br />
ore, non-ferrous metals and other goods to Asia. The<br />
company also imports coal and non-ferrous metal products.<br />
Another core activity is serving as a conduit for importing<br />
advanced technology from Japan. For PETROBRAS, the<br />
national petroleum company, <strong>Marubeni</strong> Brasil arranged Japan<br />
Bank of International Cooperation (JBIC) financing for an oil<br />
drilling platform project; supplied continuous casting equipment<br />
to steelmaker Companhia Siderurgica de Tubarao (CST);<br />
and sold an automated sorting system to the Postal Administration<br />
of Brazil.<br />
<strong>Marubeni</strong> Brasil plans to expand its participation in environmental<br />
projects involving Joint Implementation/Clean Development<br />
Mechanism emission credits and increase exports to<br />
Japan, such as the sale of aircraft made by Embraer.<br />
<strong>Marubeni</strong> Brasil owns four operating companies that are<br />
contributing to the growth of Brazil’s economy. Among the four<br />
companies are Cia. Iguacu de Café Soluvel, which exports<br />
instant coffee to Japan, the U.S. and Europe, and SILBASA-<br />
SILICIO, which exports high-purity ferrosilicon to Japan.<br />
■ Russia<br />
In Russia, <strong>Marubeni</strong> is concentrating on three fields: energy,<br />
machinery and industrial plants, and consumer goods. The goal<br />
is to raise the volume of business in each of these areas. In the<br />
natural resource development sector, we have been participating<br />
for many years in the Sakhalin Island oil and gas development<br />
project, where full-scale production is about to begin. In<br />
the machinery and industrial plant sector, operations target the<br />
Brazil: Iguacu coffee products Russia: FUJIFILM<br />
India: PPN power plant<br />
<strong>Marubeni</strong> Corporation 2005<br />
supply of machinery and materials, as well as the planning of<br />
entire projects. These activities cover energy, mining, steelmaking,<br />
urban infrastructures and many other industries. Regarding<br />
consumer goods, <strong>Marubeni</strong> has established a wholly owned<br />
photographic film sales company in Moscow to set up a film<br />
sales network. This and other consumer goods businesses are<br />
operated to closely reflect local market needs.<br />
■ India<br />
<strong>Marubeni</strong> is one of the first foreign companies to participate in a<br />
power generation project in India, the PPN power plant near<br />
Chennai that began operations in 2001. The plant has consistently<br />
performed as planned. Negotiations concerning other<br />
power generation projects are under way, including contracts<br />
for the supply of generation and distribution equipment, a traditional<br />
field of strength at <strong>Marubeni</strong>. India has surpassed China<br />
to become the largest recipient of ODA from Japan, pointing to<br />
more growth in infrastructure projects. We plan to continue<br />
targeting the opportunities to help build essential infrastructure<br />
components in India.<br />
India is an important exporter of natural resources. For<br />
example, <strong>Marubeni</strong> is engaged in exporting iron ore and<br />
ferrochrome to Japan, South Korea and China. Against a backdrop<br />
of booming global demand for metal resources, these export<br />
businesses are all performing well. In the energy sector, <strong>Marubeni</strong><br />
has acquired rights in the RAVVA offshore oil and gas field near<br />
Chennai. The field’s daily output is currently 50,000 barrels/day of<br />
crude oil and 2 million cubic meters/day of gas. We are also<br />
involved in the supply of many types of chemical products, a business<br />
that is performing well due to very strong domestic demand.<br />
India is estimated to have twice the amount of arable land as<br />
China. Long an exporter of tea, India thus has the potential to<br />
become an exporter of other agricultural products. We are<br />
examining the feasibility of starting exports of grain, broilers and<br />
other products to Japan and other Asian markets, as well as to<br />
the Middle East.<br />
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