Samsung Bags S-Oil Aromatics Contract

Samsung Engineering says it has been awarded an engineering, procurement, and construction contract for a previously announced aromatics complex planned by S-Oil (Seoul) at Onsan, Korea. The value of the contract, one of the biggest in Samsung’s history, is won1.05 trillion ($964.3 million). The complex will be designed to produce 900,000 m.t./year of para-xylene and 280,000 m.t./year of benzene. Axens is providing its ParamaX technology package. Completion is expected in early...

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