Saudi petrochemicals giant SABIC says its JV with ExxonMobil (XOM -1.8%) has awarded an...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Saudi petrochemicals giant SABIC says its JV with ExxonMobil (XOM -1.8%) has awarded an engineering, procurement and construction contract to South Korea's Daelim, France's Technip (TNHPF.PK, TKPPY.PK) and Spain's Tecnicas Reunidas. The contract is for the $3.4B elastomers project at Jubail, and is slated for completion in 2015.