Daily Alert Archive

November 1, 2018       Share:    

Source: https://www.reuters.com/article/us-hyundaie-c-iran/south-koreas-hyundai-ec-cancels-521-million-petrochemicals-deal-cites-iran-financing-failure-idUSKCN1N30U9

South Korea's Hyundai Cancels $521 Million Petrochemicals Deal in Iran

(Reuters) South Korea's Hyundai Engineering & Construction said on Monday that it scrapped a $521 million deal to build a petrochemical complex in Iran, saying the Iranian customer's ability to fund it had been hit by the prospect of U.S. economic sanctions against Tehran.

View the full edition of Daily Alert

Back to Archive