Toyo Engineering Corp. of Japan has been awarded two engineering and construction contracts in Thailand and Russia as it redirects its core business to petrochemicals after being involved in the global build-out of LNG liquefaction plants and import terminals, including the Sakhalin export facility in the Russian Far East and the largest Indian import terminal at Dahej near Mumbai.
Toyo along with Japanese peer Chiyoda Corp. completed the Sakhalin liquefaction and export plant in 2009 with 9.6 million tonnes per annum of LNG for project shareholders Gazprom of Russia, Royal Dutch Shell and Japanese trading houses Mitsui and Mitsubishi.
It was also the partner of Chiyoda in the Dahej LNG terminal construction.
The Japanese company has additionally been developing expertise in the downstream field, building among many other projects a petrochemicals plant in Angola next to the liquefaction facility that effectively uses excess natural gas supplied to the LNG plant.
Toyo announced two new contracts on January 31, including one for expanding petrochemical units at a plant adjacent to Thailand’s only LNG import facility at Map Ta Phut in the eastern province of Rayong.
The work will be conducted by Toyo Engineering Korea, the subsidiary in South Korea of the Japanese firm.
The contract was awarded by Bangkok Synthetics Company, a downstream crude products manufacturer. The Map Ta Phut petrochemical extension is scheduled for completion in 2021.