Arab Today, arab today sk wins 37 tln won order from egypt
Last Updated : GMT 18:50:25
Arab Today, arab today
Arab Today, arab today

SK wins 3.7 tln won order from Egypt

Arab Today, arab today

Arab Today, arab today SK wins 3.7 tln won order from Egypt

Seoul - Yonhap

South Korea\'s SK Engineering & Construction Co. (SK E&C) said Tuesday that it has clinched a 3.7 trillion won (US$3.2 billion) deal to build a petrochemical plant in Egypt. Under the deal with Egypt\'s Carbon Holdings, a joint venture set up by SK E&C and U.S. engineering firm Shaw Group Inc., the company will build a petrochemical industrial complex with an annual production capacity of 1.35 million tons of ethylene. The complex will be set up in Ain Sokhna, some 120 kilometers east of Cairo.

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