South Korean company bags $189mln contract to build petchem facility in Saudi Arabia
14 August 2024
South Korea’s SGC Engineering & Construction (E&C) has won a $189 million construction contract from Saudi International Petrochemical Company (Sipchem) for a petrochemical facility in Saudi Arabia. The project involves building an ethylene-vinyl acetate (EVA) facility in the Jubail Industrial City, The Korea Economic Daily reported.
The Korean company bagged new orders worth $870 million in Saudi Arabia this year, the report said.
The other Saudi projects include a $500 million ethylene and propylene facility and a $181 million isopropyl alcohol facility.
Related
-
Australia awards renewable and energy storage capacities in latest auction
13 October 2025
-
Engie sells Africa off-grid business to UAE-based Ignite
13 October 2025
-
Chinese and US companies compete for Kuwait oil project
13 October 2025
-
CJIC won the Bid of National Road Climate Resilient Rehabilitation and Maintenance in NR2W Section 3 (Km 121+000-Km 136+033)
10 October 2025
-
CJIC won the Bid of Rural Development Programme in Lao PDR Phase IV, Phongsaly, RDP IV- PSY 01 - Lot2 - RR1328 - Khoua District (14.6km)
10 October 2025
-
Strabag to build Slovenia’s tallest office building
8 October 2025