The Korea Herald

피터빈트

Samsung Engineering signs letter of intent for W513b plant

By Cho Chung-un

Published : May 23, 2017 - 19:22

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Samsung Engineering Co., the plant building unit of South Korea's top conglomerate Samsung Group, said Tuesday that it has signed a letter of intent with a company to build a petrochemical plant in Southeast Asia.

(Yonhap) (Yonhap)
The company said the proposed deal is worth 513 billion won ($456 million) in a regulatory filing, though it did not reveal details, citing a confidentiality agreement. (Yonhap)