TOYO awarded petrochemical project in Indonesia
Toyo Engineering Group (TOYO) has been awarded a construction project from PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical company. This project involves construction of a polyethylene production unit of HDPE, LLDPE and mLLDPE with a total capacity of 400,000 tpy at CAP’s existing petrochemical complex in Cilegon, Banten, on the western tip of Java, Indonesia.
Toyo Engineering Corporation and Toyo Engineering Korea Limited are in charge of detailed engineering and offshore supply services. On the other hand, PT. Inti Karya Persada Tehnik, TOYO’s Indonesian subsidiary is responsible for domestic procurement and construction work, respectively. The plant is scheduled for completion in 2019.
This is an EPC project following the front end engineering design (FEED) contract awarded to Toyo-Korea at the beginning of this year. TOYO’s long-term relationship with CAP and various attractive and aggressive proposals under FEED were highly evaluated, leading to the awarding of this project.
Based on the long-term relationship from the original ethylene plant in the 1990s, and a butadiene plant as well as ethylene expansion in the last half decade, TOYO is now executing several projects such as a synthetic rubber plant with a total capacity of 120,000 tpy for PT. Synthetic Rubber Indonesia (a JV between Michelin and PT Styrindo Mono Indonesia, a subsidiary of CAP) and butadiene expansion project to increase total production capacity from 100,000 tpy to 137,000 tpy for PT Petrokimia Butadiene Indonesia (PBI), a subsidiary of CAP.
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