Larsen & Toubro Limited (L&T) has won a contract valued at Dh220 million ($60 million) from Methanol Chemicals Company (Chemanol) in Saudi Arabia.

This engineering and procurement order involves setting up high technology methyl amines and dimethyl formamide plants.

Chemanol (earlier known as Saudi Formaldehyde Chemical Company Limited) is a private sector enterprise, operating grass roots, second-generation petrochemical complex located in the Al Jubail Industrial City, Saudi Arabia, manufacturing formaldehyde and its derivative products.

Davy Process Technology, UK( DPT), has provided the process technology for the 50,000 MTPA Methyl Amines & 60,000 MTPA Dimethyl Formamide plants incorporating advance design elements & elaborate environment control measures.

L&T's scope of work comprises residual process design, detailed engineering, project management and procurement of the equipment and materials for the plant. L&T will also provide the technical services for the erection and commissioning of the plant.

L&T is a $5 billion technology, engineering and construction company, with global operations. It is one of the largest and most respected companies in India's private sector.