Toyo Engineering Corp. has been awarded two major contracts in the petrochemicals sector — one in Russia and one in Thailand.

In Russia, Toyo has been awarded a contract to build a 650,000-metric tons per year (m.t./yr) ethylene and polyethylene plant located in Ust-Kut, Irkutsk region, Russian Federation by Irkutsk Polymer Plant, a subsidiary of Irkutsk Oil Company (INK).

Toyo’s Korean subsidiary, Toyo Engineering Korea Ltd., has been awarded Engineering, Procurement and Construction (EPC) 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 with total capacities of 80,000 m.t./yr and 34,000 m.t./yr, respectively, at BST’s existing petrochemical complex in Map Ta Phut, Rayong, Thailand. The plant is scheduled for completion in 2021.