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17 December 2007

TOYO-THAI AWARDED CONSTRUCTION CONTRACT FOR A WORLD SCALE METHYL METHACRYLATE PLANT

Toyo-Thai Corporation Ltd. (Toyo-Thai) has received the Construction Contract from Thai MMA Co., Ltd., a joint venture company of Mitsubishi Rayon and SCG Chemicals, to build a grass root World Scale Methyl Methacrylate (MMA) Plant No. 2 Project with production capacity 90,000 t/y. The new plant will be constructed adjacent to Thai MMA&rsquo s existing facility, which built by Toyo Engineering Corporation and Toyo-Thai, in Map Ta Phut, Rayong, Thailand.

The new MMA plant is based on the state-of-art of Mitsubishi Rayon Technology and scheduled to start its commercial operation in 2nd quarter of 2010. Toyo-Thai will provide a range of services including detailed design, procurement of equipment and materials and construction of this Project on a Lump Sum Contract basis.

MMA is known for its excellent transparency and weatherability, as well as its easy recyclability. This acrylic resin is used in the construction, automotive parts, electrical appliance and acrylic paint businesses.

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