LG Chem wins Egypt desal plant supply deal
LG Chem, a Korea-based company principally engaged in the manufacture of petrochemical materials, said it has been signed up by the UAE-based Metito as the sole supplier of reverse osmosis (RO) membranes for the upcoming seawater desalination plant with a 300,000-tonne capacity that the global water treatment compant is building in Port Said in Egypt.
Once completed, it will the country's largest desalination plant which can provide fresh water to about two million people a day, according to the company statement.
LG Chem is scheduled to supply RO membranes from the second half of this year, it stated.
The Korean group is stepping up its drive to lead the global water treatment market after winning Egypt’s largest project to turn sea water into fresh water. Last year, it won an order from a plant in Oman with 250,000-ton capacity.
These two contracts have brought LG Chem closer to the global market leadership, remarked Cheoldong Jeong, the president of IT&E Materials Company at LG Chem.