Toyo Engineering Corporation (China) (Toyo-China, Director and President Dong Benli), a wholly owned subsidiary of Toyo Engineering Corporation (Toyo-Japan), has been awarded the project to construct a Polyacetal (POM) Plant in Nantong, China from a newly established Chinese subsidiary of Polyplastics Co., Ltd.
Upon the high dmand of POM in the market of China and Asia, Polyplastics Co., Ltd has decided to invest for the new construction of POM plant in China. We believe that TOYO’s extensive experience in China, and established performance led to receiving the order from the client.
TOYO will continuously support the customer’s investment in China, especially for the petrochemical, specialty chemicals products and fine chemicals fields, and realizing the TOYO’s mission of “Engineering for Sustainable Growth of the Global Community”.
Contract Summary
| Client | Chinese subsidiary of Polyplastics Co., Ltd. |
|---|---|
| Contractor | Toyo Engineering Corporation (China) |
| Site | Nantong, China |
| Facilities | Polyacetal (POM) Plant / 90,000 tons per year |
| Scope | Engineering, Procurement and Construction |
| Completion | 2024 (Scheduled) |