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Korean Firm Wins Saudi LAB and Polysilicon Plants Contract

2:10 AM MDT | October 8, 2010 | Natasha Alperowicz

STX Heavy Industries (Seoul) says it has signed a preliminary deal worth $1.1 billion to build two chemical plants for the Al Rajhi Group (Riyadh). One of the plants will produce 100,000 m.t./year of linear alkyl benzene (LAB) and will be built at Al Jubail, where Al Rajhi's subsidiary, Gulf Farabi Petrochemical Co. already operates plants designed to produce 120,000 m.t./year of n-paraffin and 100,000 m.t./year of LAB based on the UOP process. The second plant will be based at Yanbu and will be designed to produce 6,000 m.t./year of polysilicon. Both units are...

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