Turkmenistan lets contract for petrochemical complex
May 12, 2014
State-owned TurkmenGaz has let an $800 million contract to a consortium of engineering firms led by Toyo Engineering Corp. for the construction of a gas chemical complex in the Turkmenbashi district of Balkan Province in western Turkmenistan.
In partnership with Hyundai Engineering Co. Ltd., Hyundai Engineering & Construction Co. Ltd., and LG International Corp., Toyo will be responsible for the engineering, procurement, and commissioning of the gas separation unit as well as ethylene and polypropylene production units, according to Toyo.
The complex—which will use natural gas sourced from shelf of the Caspian Sea to produce 400,000 tonnes/year (tpy) of ethylene, high-density polyethylene, and 80,000 tpy of polypropylene—is scheduled to be completed in 2018, Toyo said.
A planned 5 billion cu m/year gas separation unit at the complex will use Toyo’s Coreflux technology to enhance recovery of ethane and LPG, while BASF’s Oase technology will be used for acid gas removal, according to Toyo.
Additionally, the complex will employ technology from Lummus Technology and W.R. Grace & Co. for ethylene and polypropylene production, respectively, Toyo said.
Turkmengaz plans to export and sell polymer products manufactured at the complex to markets mainly in Asia Pacific, the EU, and Turkey, according to Toyo.