Signing Conversion contract of NCP Polymer Project in Saudi Arabia
DATE 2009.07.23
VIEW 1042
Signing Conversion contract of NCP Polymer Project in Saudi Arabia
Daelim signed a new contract at the headquarters in Yeouido on May 20 as NCP Polymer Project in Saudi Arabia was converted to a lump sum contract. The NCP Polymer Project, which Daelim has been carrying out since Dec. 2007, is designed to build mega-sized polymer plants (HDPE, LDLPE, PP, PS) in the form of EPC (Engineering-Procurement-Construction).
** Note
Daelim previously posted an announcement that included a grossly inaccurate lump sum contract price for the above Project.
The announcement overstated the actual lump sum contract price by almost 100%.
Daelim is not at liberty to announce the actual amount of the lump sum contract price.
We apologize for this error
