Samsung E&A signs $418 million contract for Qatar RLP ethylene storage plant

11/15/24, 2:59 AM

Location

suwon

Money

$215 million

Industry

electronics

Type

contract

Samsung E&A, in a joint venture with Taiwan's CTCI, has signed a $418 million Engineering, Procurement and Construction (EPC) contract with Ras Laffan Petrochemicals (RLP) for an ethylene storage facility in Ras Laffan Industrial Complex. The project, expected to be completed within 34 months, involves building storage facilities and utility infrastructure within the same complex as the RLP ethylene project awarded to Samsung E&A in 2023.

Company Info

Company

Samsung Electronics

Location

suwon, gyeonggi, south korea

Additional Info

Samsung Electronics is a multinational electronics company headquartered in Seoul, South Korea. The company is a major player in various technology sectors, including memory and foundry chip units.

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