South Korea’s Samsung Engineering Company and Germany’s Linde win early construction deal for $1.1bn acrylic plant
A consortium of South Korea’s Samsung Engineering Company and Germany’s Linde has won an early construction deal for a Saudi-based acrylic acid complex expected to cost SR4bn ($1.1bn), Trade Arabia has reported. Saudi subsidiaries of Tasnee Sahara Olefins Co - a joint-venture of Tasnee and Sahara Petrochemicals Company - own 75% of the complex and 25% belongs to US-based Rohm and Haas, recently bought by Dow Chemical, the Saudi firms said.
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.