Toyo Engineering Corporation has bagged an engineering and procurement contract of Acetylene Black project from Denka SCGC Advanced Materials Co., Ltd., a joint venture company of Denka Company Limited and SCG Chemicals Public Company Limited.
Acetylene Black is a type of carbon black with excellent conductivity, mainly used for applications such as EV lithium-ion batteries and high-voltage transmission cables for offshore wind power generation and contribute to carbon neutrality.
TOYO’s proposal for an optimal design and procurement plan that would enable early completion of the project and extensive project experience in Thailand was highly evaluated and led to the contract award.
The press release stated that taking advantage of the expertise the brand has gained in the plant engineering business, TOYO will contribute to the development of both companies in the petrochemical product field, as well as to the realization of a carbon-neutral society and the rapid growth in the Southeast Asian market.
