Hyundai Engineering Consortium successfully won the bid for a chemical plant project in Thailand.
On August 5, Hyundai Engineering and Hyundai Construction Company announced that they have signed a three trillion won contract to build a facility to produce line alkyl benzene (LAB) in Thailand.
The facility will be able to produce 100K tons of LAB annually and will be built in the Sriracha region of Chonburi Province, 150km southeast to Bangkok, the capital of Thailand. Both companies will be in charge of every process including engineering, procurement, construction (EPC) and test runs.
The contract signifies that the Thai contractor thought highly of Hyundai Engineering’s EPC ability shown in Thailand so far. Hyundai Engineering started in Thailand in 2007 with the SIPCO 160MW co-generation plant project, and has built trust with the organization by successfully completing the project a lot earlier than initially scheduled. Then it continued to prove its construction ability by successfully completing the MOC aromatic collecting facility project, EPS 114MW co-generation plant project, and others.
Hyundai Engineering President Kim Wi-cheol said, “I will try my best to complete this project successfully in time by working with Hyundai Construction Company, which is evaluated as the best in the nation’s construction sector indisputably.”