Daelim Industrial gets $825 million job in Saudi Arabia

Home > Business > Industry

print dictionary print

Daelim Industrial gets $825 million job in Saudi Arabia

Daelim Industrial said yesterday it won a $825 million order from Saudi Arabia to construct a petrochemical plant.

According to Daelim, the company will build a petrochemical plant that can produce 3,300 tons of ammonia per day in Ras Al Khair, which is 80 kilometers (49 miles) north of Jubeil. The construction is scheduled to be completed by September 2016.

Daelim will build the project on a lump sum, turnkey basis, managing all aspects from engineering to construction.

The builders said the order from Saudi Arabia proves its competitiveness as the Middle East nation requires top construction standards. With the order, Daelim is currently operating 13 projects worth $8 billion in Saudi Arabia.

More in Industry

Lee Lu-da, a little too chatty

Snacks, cereal and frozen food sales soar as social distancing continues

EuCorVac-19 vaccine gets greenlight for trials

Tesla model to lose government subsidies

Jailed Lee vows to support Samsung compliance committee

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now