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20 June 2005

WORLD SCALE CHLOR-ALKALI PLANT IN U.S.A. FOR SHIN-ETSU AWARDED TO TOYO-THAI

On June 21, 2005, Toyo-Thai Corporation Ltd. (TTCL) has been awarded a Contract for the World Scale Chlor-Akali Plant by Shin-Etsu Engineering Co., Ltd. This plant is the Toyo-Thai& rsquo s first plant order in United States of America.

Based on the latest technology of Asahi Kasei Chemical, Japan, Toyo-Thai& rsquo s scope of work includes engineering, procurement services and construction management of the plant on Lump Sum contract basis. The plant is scheduled for completion in the 1st quarter of 2007.

The client's trust on TTCL's excellence and reliability, especially proved by smooth project execution of previous three Chlor-Alkali projects in Thailand, including on-going 3rd Chlor-Alkali plant project for Thasco Chemicals Co., Ltd. in Map Ta Phut, Rayong Province, Thailand.

Toyo-Thai has built the number of Chlor-Alkali plants in the world using Asahi Glass process. Thanks to these rich experiences, Toyo-Thai will continue to strengthen its position in the international market.

Seen in the photo are Mr. Seiko Yazawa, Representative Director Executive Vice President of Shin-Etsu Engineering Co., Ltd. (Second Left) signing contract with Mr. Hironobu Iriya, President & CEO of Toyo-Thai Corporation Ltd. (Third Left) at the contract signing ceremony, witnessed by executives from both companies

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