VOL. XXXVIII

NO. 37

12-JUNE-1995

Libya

South Korea'sHyundai Awarded Ras Lanuf Polymer Contract

The Ras Lanuf Oiland Gas Processing Company (Rasco) has awarded South Korea's Hyundai Engineeringand Construction Company a $188mn contract to build a 240,000 tons/yearpolymer-packing and film plant in Libya. The contract is part of a $800mn secondstage expansion project, managed by Canada's Monenco, that will include theconstruction of units for the manufacture of 88,000 t/y of benzene, 58,000 t/yof...