TOYO awarded petrochemical project in Indonesia
1/2/2019 2:03:22 PM
Toyo Engineering Group (TOYO) has been awarded a contract of Acrylic Acid Production plant with capacity of 100,000 tons/year in Cilegon, Banten, on the western tip of Java, Indonesia from PT. NIPPON SHOKUBAI INDONESIA (NSI), Indonesian subsidiary of NIPPON SHOKUBAI CO., LTD. (NSCL).
Toyo Engineering Corporation (Toyo-Japan, President and CEO Haruo Nagamatsu) is in charge of a part of engineering and offshore supply services. On the other hand, consortium of PT. Inti Karya Persada Tehnik (IKPT, President and CEO Yasuhiro Hime), TOYO’s Indonesian subsidiary, and PT. SMCC Utama Indonesia (SMCC, President Satoshi Tanimoto), Indonesian subsidiary of Sumitomo Mitsui Construction Co., Ltd. is responsible for engineering, domestic procurement and construction work. The plant is scheduled for completion in 2021.
Starting from the award of SAP plant project in China in 2003, TOYO has accumulated project experience in Asia, Europe and United States of America for NSCL. TOYO has also been awarded Acrylic Acid and SAP plant project from NSI in Indonesia on 2011.
The client has appreciated TOYO’s long-term relationship with NSCL and TOYO/IKPT’s project execution capability backed up by abundant project experience in Indonesia, which led to this award.
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