Toyo awarded contract for Russia's first Bisphenol-A and Polycarbonate plant

Russia is to have its first Bisphenol-A and Polycarbonate plant by 2007. Toyo Engineering Corporation , along with cooperation from Mitsui, has been awarded a contract to construct a 70,000 tpa bisphenol-A (BPA) plant and a 65,000 tpa polycarbonate (PC) plant for OAO Kazanorgsintez in the Republic of Tatarstan, Russia. KOS is Russia's largest polyethylene producer. The project will allow KOS to produce BPA from acetone and phenol supplied in-house and to produce PC. KOS has been reorganized from a governmental organization under the former Soviet to a private enterprise in the new Russian economic framework and is operating its existing facilities effectively to substitute its products for imports and to satisfy new demands The coming years will see a sharp rise in demand for PC in Russia as well overseas in European and Asian countries. Output from the plant will be consumed not only domestically, but will also be exported to the European and Asian markets, that are in an excess demand situation. KOS will employ the BPA license owned by Idemitsu Kosan Co. Ltd. and the PC license owned by Asahi Kasei Chemicals Corp. Both Japanese licenses are the most advanced technologies and highly valued by the client for their low environmental load and high safety. Toyo will undertake detailed design and procurement of equipment and material for both plants. Factors that helped TOYO receive the order include TOYO's broad experience in constructing monomer and polymer plants, TOYO's experience and know-how accumulated from the construction of more than 60 plants in Russia over 40 years, including during the Soviet era, as well as TOYO's local know-how accumulated for many years, such as Russian design standards. Further Mitsui & Co.,Ltd. contributed to TOYO through its highly comprehensive strengths as shown in its coordinating activities between the parties concerned and in regional development functions.