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Sunday, 9 September 2007, 10:56 GMT 11:56 UK

Samsung wins $1.1bn Thailand deal

Samsung Engineering operatives South Korea's Samsung Engineering says it has received a $1.1bn (£0.54bn) order from Thailand's PTT Public Company to build two gas plants.

The ethane and gas separation plants will be built in Map Ta Phut, and each have a capacity of 800 million standard cubic feet per day.

It is hoped that construction will be completed by March 2010.

Samsung Engineering says it has won a combined 3.8 trillion won ($4.05bn; £2bn) of orders so far this year.

That, is says, means it is on track to achieve its annual target of 5 trillion won.



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Related to this story:
Samsung settles price-fixing case (07 Feb 07 |  Business )
Samsung eyes 80% rise in TV sales (08 Jan 07 |  Business )
Samsung to give $825m to charity (07 Feb 06 |  Business )

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