TOYO received the official Mechanical Completion CertificateAug. 5, 2010

TOYO received the official Mechanical Completion Certificate from PT PETAMINA, Indonesia’s national oil corporation, upon the successful achievement of Mechanical Completion of RCC Off-Gas to Propylene Project on 27th July 2010, meeting the contractual due date.

TOYO and PT Rekayasa Industri, a major Indonesian engineering company, were jointly awarded the RCC Off-Gas to Propylene Project for PT PERTAMINA in January 2008 with a production scale of 179,000MTA Propylene in Balongan, West Java, Indonesia, firstly applied with Olefins Conversion Technology(OCT) of Lummus Technology inc.

During overall project period of thirty months, this project has been executed by the passionate collaboration of the consortium partners, resulting from the experienced construction capabilities of local partner and TOYO’s timely leading and appropriate feedback subject to the suitable planning and analyzing.

The successful acquisition of M/C Certificate is significantly meaningful to Toyo Korea so that it shall contribute toward the recent movement of sales market expansion into the overseas EPC project.

Especially, this construction achieved the 6.6 million safe man hours without lost time incidents by the perfect cooperation between TOYO and PT. Rekayasa Industri subject to the complete application of advanced HSE management at construction site.

In order to create the trusted value of Toyo Korea and to put its prominent significance in the world of plant business, Toyo Korea has endeavored to develop its own capability to manage EPC project up to now.

Consequently, this Mechanical Completion Certificate is proving its successful performance and to be a reliable engineering company to the clients.