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Sunday September 9, 10:00 AM

Samsung wins $1.1 bln plant order from Thailand PTT

SEOUL, Sept 9 (Reuters) - South Korea's Samsung Engineering & Construction Co said on Sunday it had received a $1.1 billion order from Thailand's PTT Public Co Ltd to build two gas plants.

The ethane and gas separation plants will be located in Map Ta Phut with a capacity of 800 million standard cubic feet per day each.

Completion of the construction is set for March, 2010 on a turnkey basis.

Samsung Engineering said in a statement that it has racked up a combined 3.8 trillion won ($4.05 billion) of orders so far this year, leaving it on track to achieve its annual target of 5 trillion won.

In August, unlisted South Korean plant builder Daewoo Engineering Co also won a $130 million order from PTT, Thailand's top energy firm, to construct a polyethylene plant. ($1=937.8 Won)

 


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