Korea Business News Agency - NSP NEWS AGENCY.

(서울=NSP통신) jeonghyun go Journal = Daelim Industrial Co., Ltd, announced on Oct. 23 that they obtained the order for 892-million U.S. dollars(1 trillion won) worth of the New Ammonia projects in Saudi Arabia at Ma'aden head office on the 22nd.

An official from Daelim said"We won the contract since our business for fertilizer industry became recognized by state-run companies in Saudi Arabia including Aramco, SABIC, Ma'aden."and added"Based on the practical knowledge on the site, we would achieve more remarkable results for the market in Saudi Arabia as well as for future contracts.

In this project, Daelim plans to establish new manufacturing Ammonia plants at Ras Al-Khair which is about 49.7 miles(80km) north from Al-Jubayl located in the eastern province of Saudi Arabia.

Daelim plans to start off by setting up the project from the end of this year and it will finish by 2021, which will be delivered as a EPC Lump sum Turnkey contract including planning, purchasing and building.

NSP News Agency/NSP TV jeonghyun go Journalist, gojh89@nspna.com
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