VOL. XXXIV

NO. 7

19-NOVEMBER-1990

Iran

South Koreans Win $150mn Contract for Bandar Khomeini Petrochemical Plant

Daelim Industrial Company of South Korea was awarded a $150mn contract on 29October for the construction of a 300,000 ton/year ethylene plant at the BandarKhomeini petrochemical complex, bringing Daelim's total value of contractssigned with Iran during 1990 to almost $450mn. This includes a contract worth$150mn to construct Phase II of the Kangan gas plant (MEES, 24 September), which...