Japan's Toyo Engineering Corp and consortium with three South Korean firms had been awarded a US$3 bln contract for a large gas chemical complex in Turkmenistan by state concern Turkmengas, as per Reuters. Toyo's contract is worth over US$800 mln. Its partners in the consortium are Hyundai Engineering Co Ltd , Hyundai Engineering & Construction Co and LG International Corporation. The complex, to be built in the Turkmenbashi district of western Turkmenistan, will produce ethylene, high density polyethylene, and polypropylene from natural gas produced on the Caspian Sea shelf. Facilities, to be completed in 2018, include a gas separation unit with capacity of 5 billion cubic metres per year, an ethylene production unit of capacity 400,000 tpa and a polypropylene production unit with 80,000 tpa capacity.
13-May-14 
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