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L&T bags $86 million contract from Sinopec

Thursday, 14 Dec 2006
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On 14 December 2006, Larsen & Toubro bagged two contracts worth $86 million (approx.Rs.387 crore) from Sinopec of China.

L&T's scope of work involves design, manufacture and supply three ethylene oxide reactors of over 1,000 tonne each. The reactors will form part of the methyl ethyl glycol unit in a petrochemical plant of the Chinese company.

In the last two years, L&T has supplied to China equipment valued over $300 million, including the world's largest coal gasifier, and advanced acronitrile reactors, according to a statement issued by L&T.

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