samsung engineering wins us230 mln
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Samsung Engineering wins US$230 mln

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Arab Today, arab today Samsung Engineering wins US$230 mln

Seoul - Yonhap

Samsung Engineering Co. Ltd., South Korea's largest industrial plant builder, said Wednesday that it has won a US$230 million order to build a petrochemical plant in western India. Under the deal with ONGC Petro-additions Ltd., a unit of India's state-run Oil & Natural Gas Corporation Ltd. (ONGC), Samsung Engineering will complete the plant by July 2013 with an annual production capacity of 340,000 tons of high-density polyethylene (HDPE), the company said.

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