TOYO Awarded Contract for Caprolactam Plant in China
January 23, 2012 at 07:19 am IST
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Toyo Engineering Corporation (TOYO, President and CEO Yutaka
Yamada) has been awarded a contract for a caprolactam plant
for DSM Nanjing Chemical Company, Ltd. (DNCC), which is a
joint venture company between Royal DSM N.V. and SINOPEC
Group company. The project aims to newly install 200,000 t/y
caprolactam plant in Nanjing, China in addition to existing
200,000 t/y caprolactam. After the completion of new project,
DNCC will become the largest caprolactam producer in the
world with 400,000 t/y capacity. TOYO will engage in
engineering, procurement services and construction management
on a lump-sum basis. The client will invest approximately US$
300 million into the project, which is scheduled to be
completed in the third quarter period of FY2013.
Caprolactam, the raw material for a nylon fiber (nylon 6),
nylon resin and film, is one of core products for Royal DSM
N.V., which has plants in Europe, North America and China and
boasts a current combined production capability of
approximately 700,000 tons per year. With economic
development in China, the demand for caprolactam will
continue to increase and facility reinforcement this time is
aimed to meet the growing market needs. In addition, the most
of DSM's latest technology will be applied to this plant for
expanding the production scale while saving energy.
Backed by 40 years experience in China and making the most of
local resources centering on Toyo-China, TOYO will strive
further for supporting plant construction by companies from
third party countries in China and enhancing their presence
to win orders there.
Project Summary
Client
DSM Nanjing Chemical Company, Ltd. (DNCC)
(a joint venture company of Royal DSM N.V, which has
its headquarters in Heerlen, Netherlands, Sinopec
Nanjing Chemical Industry Company in China and
Jiangsu Guoxin Group)
Contractor
Toyo Engineering Corporation
Location
Nanjing city, Jiangsu, China
Units
Caprolactam production facilities (200,000 ton per
year)
Scope
Engineering, procurement services and construction
management (EPsCm