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Samsung Engineering Wins FEED Contract for Key Petrochemical Plant in Saudi Arabia

Samsung Engineering Wins FEED Contract for Key Petrochemical Plant in Saudi Arabia

SEOUL, Sept. 28 (Korea Bizwire) – Samsung Engineering announced on Wednesday that it had received a $19.5 million FEED (Front End Engineering Design) contract for a petrochemical plant in Saudi Arabia. The project, commissioned by Alujain National Industrial Co., involves the basic design of a propane dehydrogenation (PDH) plant with an annual capacity of 600,000 tons [...]

Yoon Attends Groundbreaking Ceremony for S-Oil Petrochemical Plant

Yoon Attends Groundbreaking Ceremony for S-Oil Petrochemical Plant

SEOUL, March 9 (Korea Bizwire) — President Yoon Suk Yeol attended the groundbreaking ceremony for a 9.3 trillion-won (US$7 billion) petrochemical plant in the southeastern city of Ulsan on Thursday, hailing the project as a symbol of the friendship and trust between South Korea and Saudi Arabia, his office said. The “Shaheen project,” named after [...]