Samsung awarded US$1 bln order by S-Oil Corp for petrochem expansion

South Korea's third-largest refiner: S-Oil Corp has shortlisted Samsung Engineering to carry on petrochem expansion work at Onsan refinery. S- Oil has awarded an order worth US$1 billion to Samsung Engineering to expand its petrochemical plant in Onsan refinery, as part of a scaled-back expansion plan announced in November. The company had, in November, earmarked US$1.5 bln to build a petrochemicals complex and boost its refining capacity by 50,000 bpd. Samsung Engineering plans to complete the plant by January 2011 under the 1.16 trillion won (US$1.08 bln) deal. The aromatic unit will have production capacity of 280,000 tpa of benzene and 900,000 tpa of paraxylene, making S-Oil the largest PX supplier in Asia Pacific.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha