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Toyo India Awarded Contract to Build BASF Complex

10:02 AM MDT | July 24, 2012 | Deepti Ramesh

Toyo Corp. (Narashino, Japan) says its Toyo Engineering India (Mumbai) subsidiary has been awarded an engineering, procurement, and construction contract by BASF to build the previously announced, new, multiproduct chemical production site at the petroleum, chemicals, and petrochemical investment region (PCPIR) at Dahej, India. BASF announced last April that it would invest €150 million ($182 million) to establish the production complex at Dahej. The BASF site will include facilities for producing polyurethanes, polymer dispersions for coatings and paper...

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