  Samsung Engineering to build plants in Abu Dhabi November 2, 2012 - 10:29 AMT PanARMENIAN.Net - South Korea’s Samsung Engineering said it won a $2.48 billion order to build plants in Abu Dhabi, according to dawn.com. Under the deal signed with the state-owned Abu Dhabi Oil Refining Co., a subsidiary of Abu Dhabi National Oil Company (ADNOC), Samsung will build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016. Carbon black is used as a pigment and reinforcement material for auto tyres, while delayed coker is used in oil refineries. When completed, the facilities will be able to produce 40,000 tons of carbon black per year and process 30,000 barrels of crude oil a day, Samsung Engineering said. The company, one of South Korea’s leading industrial plant builders, said it has now won a total of eight orders worth $9.1 billion from ADNOC over the past five years.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Armenia congratulates “friendly people of Belarus” on Independence Day  The Armenian Foreign Mnisitry has congratulated the “friendly people of Belarus” on Independence Day.Armenian wrestlers win 3 medals at U20 European Championships The Armenian team has won 3 medals at the U20 European Greco-Roman Wrestling Championships.Ameriabank, COAF pool efforts to develop beekeeping in Lori COAF and Ameriabank have presented their joint program Harvesting Nature’s Bounty.Putin to meet Erdogan, Aliyev on SCO sidelines Putin will hold meetings with Turkish President Recep Tayyip Erdogan and Azerbaijani President Ilham Aliyev. |
