South Korea’s Daelim likely victor for Sadara Chemical construction projects

18-Aug-11

South Korea's Daelim Industrial is on the lead to clinch the deal to build parts of Sadara Chemicals- a petrochemical complex owned by state oil giant Saudi Aramco and Dow Chemical, at an investment outlay of US$20 bln, as per Reuters. It is believed that Daelim submitted the lowest bid for the construction projects, which include toluene di-isocyanate (TDI), methylene di-para phenylene isocyanate (MDI), dinitrotoluene (DNT), mononitrobenzene (MNB), analine, formaline.