LX INTERNATIONAL CORP.
http://www.lgicorp.com
Contact Information
Ashgabat office
T: 993-1246-8869
F: 993-12-45-08-17
E-mail: dwlee@nulllgi.co.kr
History in Turkmenistan
LGI and Hyundai Engineering together won a contract to construct a gas treatment plant worth $1.48 billion. According to LGI’s website, construction is planned from January 2010 until the third quarter of 2012. [i]
In 2012, LX International was contracted to modernize an Oil Refinery plant in the country for $530 million. In 2014, The company was contracted again, this time for the delivery of a Petrochemical plant worth $3.4 billion. The plant produces PP and PE products with a current off-take operating status. [ii]
Current Scope of Operations
As of 2021, we have found no further updates on the activities of this company in Turkmenistan.
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[i] LGI, “LGI and Hyundai Engineering Win a Contract for the Largest Plan in Resource-Rich Turkmenistan,” January 11, 2010, http://www.lgicorp.co.kr/jsp/eng/ir/ir_news/news_view.jsp?txtGubun=Q&txtSeqNum=79. Original weblink no longer active.
[ii] LX International, https://www.lxinternational.com/files/asset/dataroom/LX%20International_e/index.html, 2021. Accessed January 5, 2022.