PetroVietnam awards EPC contract to Hyundai Engineering consortium

03-Dec-07
The Viet Nam Oil and Gas Group (PetroVietnam) signed an engineering, procurement and construction (EPC) contract with a consortium led by Hyundai Engineering Co. Ltd. to build a polypropylene factory in the central province of Quang Ngai. The 16-ha factory will be built at the Dung Quat Economic Zone with an investment of US$232 mln. It will have an annual capacity of 150,000 tons of polypropylene.
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