Toyo-China wins EPC contract for Honam’s new ethanolamine unit

29 September 2010 09:18  [Source: ICIS news]

TOKYO (ICIS)--Shanghai-based engineering firm Toyo Engineering Corp China (Toyo-China) said on Wednesday it was awarded an engineering, procurement and construction (EPC) contract for Honam Petrochemical Co’s new 50,000 tonne/year ethanolamine facility at Zhejiang, China.

Construction of the new facility had already begun and was scheduled for completion in the first quarter of 2012, the company said in a statement.

The company did not disclose financial details about the contract.

Prior to this, Toyo Engineering had received an EPC contract for Honam Petrochemical’s naphtha cracker in 1989 and its polypropylene (PP) plant in 1977, it said.

The facility was 100% owned by Honam Petrochemical, and its ethanolamine output would be used for manufacturing pharmaceutical and cosmetic products and detergents for the Chinese market, according to the statement.

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By: Tomomi Yokomura
+65 6780 4359

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