Uhde GmbH, a construction unit of ThyssenKrupp AG, won a contract to build a petrochemical plant in Egypt’s tax-free zone of Port Said.

The plant will produce propylene and polypropylene, the Dusseldorf, Germany-based company said in a statement. Egyptian Propylene and Polypropylene Co. is developing the $680 million factory to supply domestic and foreign markets.

The plant will be completed in 2009, ThyssenKrupp said, and will use propane from Egyptian natural gas supplies. It will produce 350,000 tons of both propylene and polypropylene each year.

Port said is about 100 miles northeast of Cairo.

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