South Korea\'s SK Engineering & Construction Co. (SK E&C) said Tuesday that it has clinched a 3.7 trillion won (US$3.2 billion) deal to build a petrochemical plant in Egypt. Under the deal with Egypt\'s Carbon Holdings, a joint venture set up by SK E&C and U.S. engineering firm Shaw Group Inc., the company will build a petrochemical industrial complex with an annual production capacity of 1.35 million tons of ethylene. The complex will be set up in Ain Sokhna, some 120 kilometers east of Cairo.