Monday, December 17, 2007

Daelim awarded US$962.3 mln construction order in Saudi Arabia

South Korea's Daelim Industrial Co. has been awarded a US$962.3 mln order to build a petrochemical facility by Saudi Polymers Co. The plant will be located at Al- Jubail in eastern Saudi Arabia, for which construction will be completed in April 2011. Saudi Polymers' plant will have an annual capacity to produce 550,000 tons of high density polyethylene (HDPE), 550,000 tons of linear density low polyethylene (LLDPE), 400,000 tons of polypropylene (PP) and 200,000 tons of polystyrene (PS).

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