Toyo Engineering has been awarded a contract to build a large
gas chemical complex for Turkmengas, in collaboration with
Hyundai Engineering, Hyundai Engineering & Construction
, and LG International
Corporation of Korea.
The complex, Toyos first project
in Turkmenistan, is
scheduled to be completed in 2018.
The complex will produce ethylene, high density polyethylene,
and polypropylene from natural gas produced on the Caspian
Sea shelf. Toyo will be responsible for the engineering,
procurement, and commissioning of the gas separation unit,
ethylene and polypropylene production units.
For the gas separation unit, Toyos technology
, COREFLUX, will be
applied to achieve effective recovery of ethane and LPG, and
, OASE, for acid gas
removal. Lummus technology
will be applied for
ethylene production, and W. R. Grace & Conn. for
Polymer products produced at this complex are planned to be
exported and sold mainly in the Asia, EU and Turkish markets.
Turkmenistan is a country boasting abundant reserves of
natural gas, and it has been maintaining high economic growth
with the export of natural gas. The country is a promising
market with strong investment potential, especially in
petroleum and gas fields.
Toyo says it will be contributing to Turkmenistans
economic development through the execution of this project
as well as expanding
further its business in Russia and CIS countries.