South Korea’s SGC Engineering & Construction (E&C) has won a $189 million construction contract from Saudi International Petrochemical Company (Sipchem) for a petrochemical facility in Saudi Arabia.
 
The project involves building an ethylene-vinyl acetate (EVA) facility in the Jubail Industrial City, The Korea Economic Daily reported.

The Korean company bagged new orders worth $870 million in Saudi Arabia this year, the report said.

The other Saudi projects include a $500 million ethylene and propylene facility and a $181 million isopropyl alcohol facility.

(Editing by Anoop Menon) (anoop.menon@lseg.com)

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