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Toyo Engineering Awarded Contract for DSM-Sinopec JV Caprolactam Plant

1:12 AM MST | January 23, 2012 | Deepti Ramesh

Toyo Engineering (Narashino, Japan) says it has been awarded a contract by DSM Nanjing Chemical (Nanjing, China), a joint venture between DSM and Sinopec, to build a 200,000 m.t./year caprolactam plant at Nanjing, in addition to existing 200,000 m.t./year caprolactam plant at the site. DSM Nanjing Chemical will invest about $300 million in the project, which is scheduled to be completed in the third quarter of the fiscal year ending March 31, 2014, Toyo says. DSM had first announced plans for doubling the capacity in 2010. Toyo will provide engineering...

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