Samsung Engineering wins US$880 mln plant order

Samsung Engineering Co., South Korea's top engineering firm, said Friday that it has a received a US$880 million order to build petrochemical plants in Malaysia.

Under the deal with state-run utility firm Petronas, Samsung Engineering will construct plants that produce polyethylene and other chemicals in Pengerang, southern Johor, by 2019.

Petronas is cultivating a refinery and petrochemical integrated development project (RAPID) and other associated facilities in Pengerang, Malaysia.

Last year, Samsung Engineering received a series of deals from Petronas which generated about $94 billion in sales. (Yonhap)