Feb 14 2007 |
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Daelim Industrial to build polycarbonate plant in Saudi Arabia
SEOUL, Feb. 14 (WAM) -- Daelim Industrial Co. , a leadingconstruction and engineering company of South Korea will constructthe world's biggest polycarbonate plant in Al Jubail, easternSaudi Arabia.
A company spokesman told reporters on Wednesday that it has received a US$1 billion order involving the design, purchasingand supervising of the construction of the plant from Saudi KayanPetrochemical Company which is 35 percent owned by Saudi Arabianstate-run SABIC.When completed by 2010, the plant will produce 260,000 tons ofpolycarbonate annually, making it the biggest producer in theworld, he said.Polycarbonate is a high-quality plastic used to make compactdisks, mobile phones, notebook computers, automobiles and construction materials.Zawya Comment Policy
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