Indian Oil Awards Paradip Contract to Toyo Engineering

Toyo Engineering Corp. and its Indian subsidiary Toyo-India have been awarded a consultancy contract by Indian Oil Corp. (IOC; New Delhi) for its previously announced fluid catalytic cracker (FCC) and propylene recovery unit to be built at IOC's Paradip, India refinery. The 4.17-million m.t./year FCC unit will use the INDMAX technology jointly developed by IOC and Lummus Technology. The propylene recovery unit will yield 1.9 million m.t./year of petrochemical-grade propylene. Toyo's contract covers project management, detailed engineering, procurement services...

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