29 December 2008 09:22 [Source: ICIS news]
SINGAPORE (ICIS news)--The Linde Group has been awarded the contract to construct ONGC Petro-additions Limited’s (OPaL) multi-billion dollar petrochemical complex in Dahej, India, the German-based oil and gas engineering company said on Monday.
The project would be undertaken by the group and South Korea's Samsung Engineering.
"The contract is worth around €1.03 bn ($1.45bn) in total, of which Linde's share is €350m," the company said in a statement.
The Indian rupees (Rs) 124.4bn ($2.57bn) complex would be an anchor investment in Dahej special economic zone (SEZ) and is due to come on-stream in October 2012.
"We are a market leader in steam cracker technology and are experienced in the robust execution of projects," said Aldo Belloni, member of the executive board of Linde.
Linde will be the consortium leader on this project, responsible for the steam cracker technology, the basic engineering and the supply of critical components while Samsung Engineering will be in charge of the detail engineering, the supply of the remaining components, and the construction and assembly of the plant.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections