Hyundai wins $1.5bn Saudi alumina project
Seoul, March 12, 2012
South Korea's Hyundai Engineering & Construction Co Ltd said on Monday that it has been awarded an about $1.5 billion order to build an alumina refinery in Saudi Arabia.
Hyundai said in a regulatory filing that it would carry out engineering, procurement, construction and pre-commissioning work for the 1.8 million-tonne-per-year refinery, confirming an earlier announcement by Saudi Arabia's state-run Maaden.-Reuters