Hyundai E&C says wins $1.5 billion Saudi alumina project

Mon Mar 12, 2012 2:20am EDT
 
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SEOUL (Reuters) - 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.

(Reporting by Ju-min Park; Editing by Chris Lewis)

 
Hostesses stand next to a Hyundai i20 model car displayed on the car maker's booth during the first media day of the Geneva Auto Show at the Palexpo in Geneva, March 6, 2012. REUTERS/Valentin Flauraud