20 February 2008 07:31 [Source: ICIS news]
Samsung would carry out engineering and construction management for the 350,000 tonne/year project which would be based on Basell's technology, he added.
The convertible lumpsum turnkey project would be completed by end-August 2009, the official said.
Samsung also won a contract in May last year to build an amines plant for Kayan.
Saudi Basic Industries Corp (SABIC) owns a 35% stake in Saudi Kayan while Kayan has 20%. The remaining 45% is held by public shareholders.
($1 = W944.23)
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