Samsung E&A wins $214 mn petrochem plant contract in Qatar

Quick Summary:

Samsung E&A Co.said on Friday that it won a contract for the RLP ethylene storage plant construction project in Qatar, valued at 300 billion won ($214 million).

The contract partner is Qatar's Ras Laffan Petrochemicals and Samsung E&A will undertake approximately 301.9 billion won ($215.7 million) of the total 588.2 billion won ($420.3 million) project.

The construction is aimed at building ethylene storage tanks and utility infrastructure at the Ras Laffan Industrial City, located 80 kilometers north of the Qatari capital, Doha.

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Category: Economy

Markets: South KoreaQatarTaiwan

Topics: Tanks Project Million) Billion Contract Ethylene Laffan Storage Samsung Construction Qatar

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 18:03:23 (1 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 147 words

Reading Time: 1 minutes read

Sentences: 11 lines

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Copyright Owner: © Korea Economic Daily

News ID: 23600749

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