Toyo-Thai Corporation Public Company Limited (Toyo-Thai) has received two contracts for Engineering, Procurement Service and Construction Management (EPCM) for the world's largest Hydrogen Peroxide (HP) Plant with capacity 330,000 t/y from MTP HP JV (Thailand) Limited, a joint venture between Dow Chemical Company and Solvay S.A., (Plant No. 1) and Solvay Peroxythai Limited (Plant No. 2). Based on Solvay's high-yield hydrogen peroxide technology, the Project will be built at Map Ta Phut, Rayong, Thailand and scheduled to be operational in 2011. The product from this Project will serve as raw material for the manufacture of propylene oxide, used to produce propylene glycol, polyurethanes and glycol ethers.

These contracts are awarded to Toyo-Thai based on the excellent track record that Toyo-Thai has with Solvay through VCM & Chorine Expansion Project and PVC Expansion Project for Vinythai (where Solvay is one of the major shareholders) as well as the positive evaluation placed on Toyo-Thai's technical capabilities, valued engineering and competitiveness.