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02 March 2024

Hyundai Eng in $210m petrochem deal with Saudi

By Agencies


South Korea's Hyundai Engineering Co Ltd said on Tuesday it had won an order to build a petrochemical plant in Saudi Arabia for about $210m.

Under the deal, the unlisted unit of Hyundai Engineering and Construction Co would build an ethyleneamines plant jointly with Hanwha Engineering & Construction Corp, another South Korean builder. (Reuters)