SK Engineering Reconfirms Contract for Singapore Aromatics Project

SK Engineering & Construction (Seoul) has reconfirmed that it will carry out engineering, procurement, and construction work on the delayed $2-billion aromatics project of Jurong Aromatics Corp. (JAC; Singapore) at Jurong Island, Singapore. SK Engineering issued a statement today saying that it has signed a $950-million contract to build the plant. Construction is due to be completed in 2013, SK Engineering says. SK Energy (Seoul), a sister company of SK Engineering, will maintain the plant and provide some of its raw material requirements, SK Engineering...

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