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(Reuters) - South Korea's Daelim
Industrial is the front runner for deals to build parts of a giant petrochemical
complex owned by state oil giant Saudi Aramco and U.S. Dow Chemical , industry
sources said.
Daelim submitted the lowest bid for the construction projects, which
include production for toluene di-isocyanate (TDI), methylene di-para phenylene
isocyanate (MDI), dinitrotoluene (DNT), mononitrobenzene (MNB), analine,
formaline, sources said.
Aramco and Dow are spending USD 20 billion on the venture - Sadara
Chemical Co - to build one of the world's largest petrochemical facilities in
Jubail, on the Gulf coast.
mrcplast.com
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