Toyo Engineering wins deal from Chandra Asri to build Indonesia's first butadiene plant
A Korean subsidiary of Japan’s Toyo Engineering Corp. has been awarded a contract to build a butadiene plant in Indonesia with a capacity of 100,000 tons/year.
This is the first such plant in Indonesia, and will be constructed at Cilegon in West Java for PT Chandra Asri Petrochemical, the country’s largest petrochemical firm.
Butadiene will be utilized as feedstock to produce synthetic rubber, the primary raw material used to meet rapidly growing demand for automotive tires, officials said.
Raw material stock will be supplied by the adjacent 600,000 ton/year ethylene plant, also owned and operated by Chandra Asri.
Toyo-Korea will execute the project under an EPC turnkey contract covering from engineering to construction and commissioning based on Lummus/BASF technology, it said.
Chandra Asri will invest approximately $110mn into the plant project, which is scheduled for completion in 2013.
Comments