South Korean major Samsung Engineering in consortium with Linde (Germany) has pocketed $1.5 billion contract from ONGC Petro addition (OPaL) for the construction of a dual feed ethylene cracker unit and associated unit plant.

Speaking on this, Samsung Engineering spokesperson Charlotte J Lee said, “The engineering, procurement, construction & commissioning contract is for a dual feed ethylene cracker unit and associated units plant of OPaL.”

The plant will be the largest and the first naptha and gas as dual-feed ethylene project in India, constructed to produce 1,100,000 tons of ethylene and 340,000 tons of propylene per year.

The company hopes to complete the project by the end of 2012.

Commenting on the Samsung Engineering India's (SEI) growth in India, its president and CEO Yeon-Joo Jung said, "In just two years, SEI has grown to 330 members and will continue to expand to 1,000 members by 2010."