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Toyo awarded project in Venezuela

Toyo Engineering Corporation, MAN Ferrostaal A.G. and a consortium formed by two Venezuelan engineering contractors - VEC Ingeniería y Construcción have jointly been awarded a contract from Petroquímica de Venezuela, S.A. for a large scale fertilizer project in Venezuela.

Scope of work under the contract includes grant of license, engineering, procurement of equipment and materials, construction and commissioning assistance on a lump sum turnkey basis. The project is scheduled to be completed in the second quarter of 2010.

The project site is adjacent to the existing Moron Petrochemical Complex of Petroquímica de Venezuela in Moron, Carabobo State, Central Region of Venezuela, which is approximately 150 km west of Caracas.



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