Samsung Eng wins $254 mln Saudi plant order

Tue Feb 19, 2008 10:14pm EST
 
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SEOUL, Feb 20 (Reuters) - South Korea's Samsung Engineering (028050.KS: Quote, Profile, Research, Stock Buzz) said on Wednesday it had secured a 239.2 billion won ($253.5 million) order from Saudi Kayan Petrochemical Co 2350.SE to build a chemical factory.

Samsung told the Korea Exchange in a filing that the turn-key project would be completed by the end of August, 2009. ($1=943.6 Won)

(Reporting by Kim Yeon-hee; Editing by Jonathan Thatcher)

 

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