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Article: BUSINESS IN ASIA TODAY - MAY 13, 2008.
- Article from:
- AsiaPulse News
- Article date:
- May 13, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on May 13, 2008. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
JGC PICKED TO BUILD MIDEAST'S BIGGEST OIL PLANT IN KUWAIT
TOKYO - JGC Corp. (TSE:1963) said Monday that its alliance has been awarded a project in Kuwait to construct the largest oil production plant in the Middle East. JGC and South Korean firm GS Engineering & Construction Corp. will jointly build crude oil distillation and desulfurization facilities for about 400 billion yen (US$3.9 billion) by 2012. JGC's share of the contract is expected to top 200 billion ...