Toyo Engineering Korea awarded Petrochemical Project in ThailandJan. 16, 2019

Toyo Engineering Korea Limited (Toyo-Korea, President and CEO Toru Osanai) has been awarded Engineering, Procurement and Construction project from Bangkok Synthetics Company Ltd. (BST), a major C4 downstream product manufacturer of Thailand. This project involves construction of 1,3-Butadiene & Butene-1 production units total capacity of 80 KTA & 34 KTA, respectively, at BST’s existing petrochemical complex in Map Ta Phut, Rayong, Thailand.

The EPC Contract was signed on October 31, 2018 and Toyo-Korea is in charge of detailed engineering and offshore supply services. On the other hand, Toyo Korea Thailand E&C Company Limited (TKT E&C, Director Heung-Lim Ryu), Toyo-Korea’s 100% owned Thai subsidiary is responsible for domestic procurement and construction work. The plant is scheduled for completion in 2021.

This is an EPC project following the Front End Engineering Design (FEED) contract awarded to Toyo-Korea at the end of 2017. The Ground Breaking to bring the project to a full-sail is planned at the end of February this year.

※ Contract Summary
- Client : Bangkok Synthetics Company Limited (BST)
- Contractors : Toyo-Korea and TKT E&C
- Site : Map Ta Phut, Rayong, Thailand
- Facilities : 1,3-Butadiene & Butene-1 production units (80 KTA & 34 KTA)
- Contract Type : Turnkey lump sum for detailed engineering, procurement, and construction
Toyo-Korea : Detailed engineering, offshore procurement
TKT E&C : Domestic procurement and construction work
- Completion : 2021