Toyo Engineering Corporation, in collaboration with Rönesans Endüstri Tesisleri – a member of Rönesans Holding, a leading global contracting and investment group headquartered in Turkey—has been awarded the first phase of a major overhaul project for a large-scale gas chemical complex by Turkmenhimiya (TH). TH is a state-owned enterprise responsible for the production and distribution of chemical products in Turkmenistan.

Since its founding in 1961, TOYO has been actively engaged in global projects across the CIS region and neighbouring countries, having constructed 46 petrochemical and fertiliser plants to date. In Turkmenistan, TOYO participated in the construction of the Kiyanly Polymer Plant in 2018, located in the Turkmenbashi district of Balkan Province, which includes gas separation, ethylene, polypropylene, and high-density polyethylene production facilities.

Strategic Partnership Development

In August 2024, TOYO signed a memorandum of understanding with TH to investigate the possibility of collaboration on future investment projects, primarily focused on gas-processing developments. The newly awarded project marks the first initiative under this agreement.

Following continuous discussions with TH, TOYO and its consortium partner RET have secured the contract. Under the arrangement, TOYO will be responsible for the detailed planning, engineering, and partial procurement of equipment and materials for the gas separation unit, ethylene production unit, and polypropylene production unit. RET will oversee the major overhaul of the high-density polyethylene production unit and the utility unit.

TH is also planning to award TOYO with RET the next phase of the major overhaul project for the large-scale gas chemical complex in Turkmenistan in order to reliably start up production.

TOYO aims to contribute to the development of Turkmenistan’s chemical industry by leveraging its extensive experience and expertise in gas chemical and fertiliser plant construction for future projects in the country. The project reinforces TOYO’s commitment to supporting industrial development across the CIS region through its established technical capabilities and strategic partnerships.

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