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L&T combine bags $150m plant order in Saudi Arabia
DUBAI— Larsen & Toubro (L&T), India's leading engineering, technology and construction organisation, along with its consortium partner Haldor Topsoe AS of Denmark, has been awarded an order worth around $150 million from Saudi Formaldehyde Chemical Company Limited (SFCCL) in Saudi Arabia.
This E&P (Engineering & Procurement) order involves setting up high technology methanol and carbon monoxide plants.
SFCCL is a private sector enterprise, developed, promoted and financed by a group of leading industrialists from the Gulf Co-operation Council (GCC) countries. It is a grass- roots, second-generation petrochemical complex located in the Al Jubail Industrial City, Saudi Arabia, manufacturing formaldehyde and its derivative products.
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