TOYO awarded large gas chemical complex in Turkmenistan

Toyo Engineering Corporation has been awarded a contract to build a large gas chemical complex for State Concern “Turkmengas”, in collaboration with Hyundai Engineering Co., Ltd., Hyundai Engineering & Construction Co., Ltd., and LG International Corporation of Korea. The complex, TOYO’s 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, TOYO’s technology, COREFLUX™, will be applied to achieve effective recovery of ethane and LPG, and BASF’s technology, OASE™, for acid gas removal. Lummus’ technology will be applied for ethylene production, and W. R. Grace & Co.-Conn. for polypropylene.

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 will be contributing to Turkmenistan’s economic development through the execution of this project as well as expanding further its business in Russia and CIS countries.

Sponsor:

News Category:

Contracts

Other News Items

TotalEnergies to cease operating its oldest steam cracker in Antwerp

TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. ...

23-04-2025
HOERBIGER to break ground on new Florida Campus in Florida

HOERBIGER Corporation of America will hold a ceremony to commemorate the groundbreaking of its future home, the HOERBIGER Florida Campus, on Wednesday, April 23rd. Construction ...

22-04-2025
Amogy and JGC to accelerate commercialisation of ammonia cracking catalyst

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced the first pilot plant deployment of its advanced ammonia cracking catalyst ...

17-04-2025
Clariant teams up with Technip to introduce new steam-to-oil catalyst

Clariant, a global leader in specialty chemicals, today announced the launch of StyroMax UL-100, its most advanced ethylbenzene dehydrogenation catalyst to date. This ...

09-04-2025
Yokogawa Launches OpreX Plant Stewardship

Yokogawa Electric Corporation announces the launch today of OpreXTM Plant Stewardship, the most comprehensive lifecycle service program in the company’s OpreX Sustainable ...

08-04-2025
IndianOil to build mega petrochemical project in Paradip

In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical ...

08-04-2025
BDI BioEnergy to begin construction of biofuel feedstock refinery plant

BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will ...

04-04-2025
Lummus Technology completes startup of electric heater demonstration unit

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the successful startup of its SRT-eTM commercial demonstration ...

03-04-2025
Clariant announces the successful startup of MegaMax™ 900 catalyst

Clariant, a sustainability-focused specialty chemical company, today announced the successful startup of its MegaMax 900 methanol synthesis catalyst at European Energy’s ...

03-04-2025
Burckhardt Compression wins digital monitoring solutions order for petrochemical facility in Saudi Arabia

Burckhardt Compression, a global leader in reciprocating compressor technology, has won a significant order for Digital Monitoring Services in Saudi Arabia. The order ...

03-04-2025