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JAPAN'S TOYO ENGINEERING WINS SAUDI ETHYLENE PLANT CONTRACT.

AsiaPulse News

| June 03, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, June 3 Asia Pulse - Toyo Engineering Corp (TSE:6330) has won a contract from Saudi Basic Industries Corp (Sabic) to build a petrochemical plant.

The value of the order has not been disclosed, but is estimated at around Y27 billion yen ($US218.15 million).

The facility, slated for delivery in the third quarter of 2004, will produce ethylene glycol, a base material for polyester fiber, and ...

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Source: HighBeam Research, JAPAN'S TOYO ENGINEERING WINS SAUDI ETHYLENE PLANT CONTRACT.

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