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RUSSIA: Contract award for planned $150,000,000 oil refinery modernization project, TOYO ENGINEERING CO. (TEC) [Japan] - Order #: 0210802.

Publication: WWP-Business Opportunities in Eastern Europe & the CIS
Publication Date: 01-FEB-02
Format: Online - approximately 1246 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

A German/Japanese joint venture that teams-up THYSSEN KRUPP and MITSUI & CO. recently awarded a plant upgrade contract to Japan-based TOYO ENGINEERING CO. (TEC). According to the terms of the award, TEC will be responsible for the modernization of a Russian oil

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...refinery. so doing, the Japanese company will design core facilities to enable the extraction of useful constituents from residual oil. It will also be in charge of procuring the necessary materials.

The cost to complete the project has been pegged at $150,000,000.

TEC, a subsidiary of MITSUI & CO., employs a total workforce of approximately 1000 engaged in the design, engineering and construction of industrial plants.

COPYRIGHT (Cr) by WWP Inc. 2001 The data contained in this report may not be reproduced, redistributed and/or put in an information retrieval system without the prior written permission of the publisher. Companies that have multiple users are invited to consider our heavily discounted site license.

KEY PROJECT CONTACTS:

Toshihiko Hirose, President & CEO Toshiyuki Ozaki, Executive Vice-President Naokazu Tajima, Sr. Managing Director International direct dial: 011 + [81] + (47)...

NOTE: All illustrations and photos have been removed from this article.



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