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SK signs contract to build petchems complex in Egypt

6:48 AM MST | December 18, 2013 | Natasha Alperowicz

SK Engineering & Construction on Tuesday signed a $3.6 -on contract in Seoul to build a previously announced petrochemical complex at Ain Sokhna, Egypt. The project is being set up by Tahrir Petrochemical, promoted by Carbon Holdings (Cairo), a private Egyptian development company. SK is the leader of the engineering and construction consortium, which also includes Linde Engineering. The signing ceremony was attended by Egypt’s foreign minister Nabil Fahmy, SK CEO Casey Choi and Basil El Baz, head of Carbon Holdings.   The plant will be designed to...

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