Home / Knowledge / News / Textiles / Samsung Engg to build ethylene plant for ONGC Petro, India
Samsung Engg to build ethylene plant for ONGC Petro, India
24
Dec '08
Samsung Engineering in consortium with Linde (Germany) has been awarded by ONGC Petro addition Ltd (OPaL) a new engineering, procurement, construction & commissioning contract for a naptha and gas dual feed ethylene cracker unit and associated units plant worth approximately 1.43 billion USD (Samsung Engineering at 0.96 billion USD and Linde at 0.47 billion USD).

The plant will be the largest and the first naptha and gas as dual-feed ethylene project in India, constructed to produce 1,100,000 tons of ethylene and 340,000 tons of propylene per year.

Scheduled to be completed during the end of 2012, this lump sum turnkey project will be located in the Special Economic Zone Notified Area in Dahej, Gujarat.

President and CEO Mr. Yeon-Joo Jung said in response to this milestone order, "In just two years, SEI has grown to 330 members and will continue to expand to 1,000 members by 2010.

Our people have shown strong commitment to innovating new quality-proof and time-saving technologies, accumulating experience, most importantly collaborating with clients to execute projects successfully. Such expertise and efforts were recognized in July of 2008, when our company successfully completed another ethylene plant in the Middle East with a capacity of over 1 million ton, finishing approximately 1-2 months ahead of schedule.

This continued growth of Samsung Engineering along with Samsung Engineering India gives me confidence in our company's path to being a top EPC player."

“I promise Samsung Engineering will be a trusted partner, constantly expanding the value of our clients and shareholders. The highly capable professionals at Samsung Engineering headquarters and Samsung Engineering India office are putting their best efforts in exceeding the expectations of our clients," said President and CEO Mr. Jung.

This contract from OPaL is notable for Samsung Engineering because it is the biggest plant contract in the hydrocarbon sector in India. In addition, the new award highlights the expansion of Samsung Engineering's overseas business with the addition of another major client to its portfolio.

Samsung Engg


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Urmil Arya

Sushila International, a well established textile organisation established ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search