Toyo Engineering Group (TOYO) has been awarded a construction project by PT Chandra Asri Petrochemical Tbk (CAP), Indonesia’s largest petrochemical company, and its subsidiary PT Petrokimia Butadiene Indonesia (PBI). This project involves the construction of Butene-1 production unit with capacity of 43,000 tons/year and Methyl tert-butyl ether production unit with capacity of 127,000 tons/year commissioned by PBI, as well as an Enclosed Ground Flare with capacity of 220 tons/hour commissioned by CAP. They are to be constructed inside CAP’s existing petrochemical complex in Cilegon, Banten, on the western tip of Java, Indonesia and was signed on May 28, 2018.
Toyo Engineering Corporation (Toyo-Japan, President and CEO Haruo Nagamatsu) is in charge of a part of engineering and offshore supply services. On the other hand, PT. Inti Karya Persada Tehnik (IKPT, President and CEO Yasuhiro Hime), TOYO’s Indonesian subsidiary, is responsible for engineering, domestic procurement and construction work, respectively. The plant is scheduled for completion in 2020. Type of this project contract is Turnkey Lump Sum for Engineering, Procurement and Construction Services.
For IKPT, this project will complement the reference of project experience in petrochemical plant area.