Toyo Engineering India has been awarded a contract to build a Styrene-Butadiene synthesis rubber plant with a capability of 120,000 tons per year at Panipat, India.
Tokyo/Japan – The facility will be constructed by Indian Synthetic Rubber Limited (ISRL) – a joint venture among Indian Oil, the Taiwaneese synthetic rubber supplier TSRC, and Japanese Marubeni. It will produce synthetic rubber, using butadiene from a nearby ethylene plant as feedstock, to meet India's rapidly growing demand for automotive tires.
This project will be excecuted by Toyo-India under an EPC turnkey contract covering everything from engineering to construction and commissioning.
Toyo-India will execute this project under an EPC turnkey contract covering from engineering to construction and commissioning. The project is scheduled for completion in 2013, after environmental permission is planned to be finished by the end of July 2011.
Toyo has already worked with Indian Oil on an 800,000 t/y ethylene complex in 2010 and is currently constructing a Fluidized Catalytic Cracker (FCC) and Propylene Recovery Unit at IOCL’s Paradip Refinery.