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Toyo to Build BASF Site

8:37 AM MDT | August 20, 2012

Toyo Corp. says that its Toyo Engineering India (Mumbai) subsidiary has been awarded an engineering, procurement, and construction contract by BASF to build a previously announced multiproduct chemical site at the Dahej Petroleum, Chemicals, and Petrochemical Investment Region (PCPIR) in India. BASF announced last April that it would invest €150 million ($185 million) to establish the complex in the Dahej PCPIR. The BASF site will include plants producing polyurethanes, polymer dispersions for coatings and paper, and personal care chemicals. It is due to be...

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