Samsung wins $3.5bn Collie project

Samsung wins $3.5bn Collie project PERDAMAN Chemicals and Fertilisers, the company behind the $3.5 billion urea plant near Collie, has awarded an engineering and construction contract to Samsung Engineering Co and P.T. Inti Karya Persada Tehnik. Perdaman has received in-principle approval from the state government for the project, which will be built at Shotts Industrial Park. Clough JV wins Exxon LNG contract A JOINT venture between Clough Niugini and Curtain Bros Papua New Guinea has been awarded a contract for early works on an Exxon Mobil liquefied natural gas (LNG) project in Papua New Guinea. The project has proposed to build a two-train 6.3 million tonnes per annum liquefaction plant near Port Moresby with gas sourced from various fields in the PNG Highlands. iiNet tips FY profit to rise to $25m AUSTRALIA’S third biggest internet provider, iiNet, (pictured) expects its full-year net profit to reach $25 million. The company currently has net debt of $24 million, which gave it room to pursue growth through takeovers or expand current operations. PPPs, works reforms to save $280m THE state government’s ‘Works Reform Business Solution Plan’ is expected to save $280 million over four years by enhancing the use of public-private partnerships. Under the reforms, a significant number of the 30,000 office based public sector workers based in the central business district could be moved to outer areas of Perth. BHP, Rio in WA iron ore joint venture BHP Billiton and Rio Tinto have signed a non-binding agreement to establish a 50-50 production joint venture, which covers all current and future WA iron ore assets and liabilities. The JV is expected to create $A12.47 billion synergy savings but has to obtain necessary regulatory and government approvals to go ahead Appointments

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