Chart Energy & Chemicals Inc. has been awarded a multi-million dollar contract from
Toyo Engineering Corporation to supply brazed aluminum heat exchangers, core-in-kettle heat exchangers and cold boxes for the PTT Polyethylene Company Ltd. ethylene plant, located in Map Ta Phut, Rayong, Thailand. Chart's equipment is scheduled to be completed and shipped late in 2008, with the plant scheduled to start up October 2009. The ethylene plant is based on ABB Lummus Global technology and is expected to have a capacity of one million tpa of ethylene. The ethylene produced by this plant will be the feedstock of a polyethylene plant also being constructed in conjunction with this project.
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