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L&T bags $60 million contract from Saudi Arabian company

Wednesday, 10 Oct 2007
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Larsen & Toubro bagged an order worth $60 million engineering and procurement order from Saudi Arabia-based Chemanol for setting up high-technology plants for manufacturing 50,000 tpa methylamines and 60,000 tpa dimethyl formamides.

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

The company is already executing 700 tpd of methanol and 100 tpd of carbon monoxide plant for Chemanol as part of its backward integration project.

[Note: Chemanol (formerly Saudi Formaldehyde Chemical Company) is a private sector enterprise, located in the Al Jubail Industry city. The company is into manufacturing of formaldehyde and its derivative products.]

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