Daelim Industrial – Hitachi consortium signed a contract to supply two boilers which are core facilities to 9th and 10th units of Taean Thermal Power Plant with Korea Western Power at Grand Intercontinental Hotel on February 10, 2012. Total project volume reaches KRW565.1 billion, of which Daelim accounts for KRW356.6 billion. At the signing ceremony, more than 40 executives and staff including Moon-Duk Kim, CEO of Korea Western Power, Hong-Chun Park, Head of Daelim’s Plant Division, and Kanda, Director of the headquarters of Hitachi, attended.
The coal-fired 9th and 10th thermal power plants will be constructed in Taean-gun, Chungcheongnam-do, and each of them boasts Korea’s largest power generation with 1,050MW. Prior to this, Daelim had signed a contract to supply core facilities to 9th and 10th units of Dangjin Thermal Power Plant with over 1,000MW power generation in June 2011.
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Chiyoda Corporation announces that Chiyoda Singapore, a 100% subsidiary of Chiyoda Corporation, has been awarded an EPC Contract for Infineum Singapore Pte Ltd. for the new manufacturing facility at Pulau Ayer Chawan, Jurong Island. The facility is to produce saliycylate, a unique detergent component, which is a critical part of Infineum's highly differentiated top-tier passenger car and heavy duty oil formulations, and its marine additive product slate.
Engineering and construction company Clough Limited (ASX:CLO) today announced that the BAM Clough Joint Venture has been awarded a contract by international oil and gas service company Bechtel, for the design and construction of the Chevron-operated Wheatstone Project LNG product loading facility and tug berths near Onslow, Western Australia. The contract is valued at approximately A$400 million.
Paris, January 27, 2012 – Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the Group owns with Samsung as part of the Samsung Total Petrochemicals 50/50 joint venture. With costs approaching $1.8 billion, the project calls for the construction of a second aromatics1 unit and an ethylene-vinyl acetate (EVA) copolymer unit at the Daesan petrochemical complex.