1941: ETG founder Dr. C.Y. Chen emigrates to the United States from China.
ETG establishes China Shipbuilding Corporation (the Taiwanese state shipyard) as a service for the Government of Taiwan.
ETG creates and finances a US $1B fleet for long-term shipment of LNG from Indonesia to Japan (18% of all LNG worldwide). Other Asian countries are also served.
ETG companies develop essential new intellectual property in biomedical devices, artificial intelligence, signal processing, and other fields.
Expansion into financial services, information services, data communications, commercial real estate, and other sectors.
ETG's globalization accelerates. Examples include
- ETG's Energy Pakistan develops national power barge projects;
- ETG's Black Sea LPG Romania, an ETG-government JV, develops Romanian LPG/LNG import terminal and distribution network;
- ETG's ChinaGas JV with UGI Corp. enters Chinese LPG distribution market;
- ETG's Cerra Energy develops energy transport infrastructure for Turkey.
Partial sale of original $1B fleet.
Sale of Biolectron unit to EBI for approximately $100MM.
Construction and deployment of new, US $1B ETG co-owned Chinese LNG fleet.
Ownership of the ETG family of companies consolidated by Kimball C. Chen, son of Dr. C. Y. Chen.