On January 09, 2012, Toyo Engineering Korea (President & CEO Kenjiro Miyashita) has made the contract
with Toyo Engineering Corporation to undertake basic and FEED engineering services for FDPE Project
of Inner Mongolia Mengda New Energy & Chemical Base Development Co., Ltd., with the contract
amount of 2.5 million dollars. _?xml_:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
This FDPE Project is for production of all range Polyethylene Product, from Linear Low Density Polyethylene,
Middle Density to High Density Polyethylene, the capacity 300,000 MTA using Univation¡¯s Technology LLC.
This plant will be constructed in Wushenzhao Industrial Development Zone in Wuschenqu, Ordos Inner
Mongolia, China.
This work will take 6 months and will aim to complete by June of 2012. Toyo-K will conduct basic design
and limited FEED work including 3D Modeling for Routing Drawing.
As one of Bidding Contractor of Univation Technologies, China market has became the strategic area
for this kind of business to Toyo-K, therefore, Toyo-K expects more projects to be awarded continuously
and also will take a firm stance as a BCA Contractor with Univation Technologies, LLC. through the successful
execution of this project.