# Who are Samsung E&A's customers? Who does Samsung E&A earn revenue from?
Canonical: https://valuechain.wiki/samsung-e-a · Facet: customers · Updated: 2026-10-09T13:13:06.366+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Samsung E&A's confirmed revenue counterparties include 삼성전자, 삼성바이오로직스, 삼성바이오로직스 (송도 플랜트 EPC) plus 3 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 6 revenue edges, backed by 10 dated sources, 3 of them primary filings (as of 2026-10-09).

### TA'ZIZ (ADNOC·ADQ 합작, UAE) (high)
- metric: contract $1.7B · EPC 44개월 · HQ portion, single supply contract
- note: EPC for the TA'ZIZ methanol plant in Al Ruwais, Abu Dhabi. HQ portion USD 1.706B (1.8 Mtpa, UAE's first methanol plant, 44 months). A flagship petrochemical order.
- [confirms] FSS DART (KO, filing, published 2026-06-04) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260604800515: "Contract name UAE Methanol Project; counterparty TA'ZIZ METHANOL INDUSTRIAL LLC SPC; location UAE (Al Ruwais Industrial City). HQ contract amount USD 1,706,000,000. 5,000 tpd methanol facility."
- [mentions] Kiwoom Securities (KO, research, published 2026-04-24) https://file.alphasquare.co.kr/media/pdfs/company-report/_23202536-028050.pdf: "With TA'ZIZ methanol (KRW 2.4tn) and Malaysia SAF (KRW 1.4tn) starting to book revenue, 1Q26 new orders hit KRW 4.6tn, 40% of the KRW 12tn annual guidance."
- [confirms] ADNOC / TA'ZIZ (EN, ir, published 2025-02-03) https://www.adnoc.ae/en/news-and-media/press-releases/2025/taziz-announces-billion-award-to-build-first-methanol-plant-in-the-uae: "TA'ZIZ awarded a $1.7 billion (AED6.2 billion) EPC contract to Samsung E&A for the UAE's first methanol plant (1.8 Mtpa). TA'ZIZ is a joint venture between ADNOC and ADQ."

### Ras Laffan Petrochemicals (카타르) (high)
- metric: contract $215M · EPC
- note: Ethylene storage plant EPC for the QatarEnergy-Chevron Phillips JV; Samsung E&A's share ~$215M (30kt tank, CTCI JV, 34 months).
- [confirms] Samsung E&A (KO, ir, published 2024-11-14) https://www.samsungena.com/kr/newsroom/news/view?idx=15636: "30,000t storage tank EPC for Ras Laffan Petrochemicals (QatarEnergy-CPChem JV)."

### Saudi Aramco (high)
- metric: Market share 31.43% · FY2025 · annual report major customers
- note: Largest customer at 31.4% of FY2025 revenue (KRW 2.84tn). ~$6B Fadhili Gas Increment packages 1 and 4 EPC, the largest single award in company history (completion 2027; throughput 2.5 to 3.8 bscfd).
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311003927: "FY2025 major customer: Saudi Aramco at KRW 2,838.1bn (31.43%)."
- [confirms] Samsung E&A (EN, ir, published 2024-04-03) https://www.samsungena.com/en/newsroom/news/view?idx=15577: "Fadhili packages 1 and 4; throughput 2.5 to 3.8 bscfd."
- [confirms] Korea Economic Daily (KO, news, published 2024-04-03) https://www.hankyung.com/article/2024040361405: "~$6B Fadhili packages, the largest award in company history."
- [confirms] Saudi Aramco (EN, ir, published 2024-04-01) https://www.aramco.com/en/news-media/news/2024/aramco-awards-7-7-billion-contracts-to-add-1-5-bscfd-of-raw-gas-to-fadhili-gas-plant: "Aramco's $7.7B Fadhili EPC awards."

### 삼성전자 (high)  → /samsung-electronics.md
- metric: Market share 22.04% · FY2025 · annual report major customers
- note: Group semiconductor fab construction: 22.0% of FY2025 revenue (KRW 1.99tn; 27.7% in FY2024). ~KRW 1.3tn P4 finishing-work increase (2025); Taylor fab participation.
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311003927: "Samsung Electronics at KRW 1,989.9bn (22.04%) in FY2025; 27.72% in FY2024."
- [confirms] SME Daily (KO, news, published 2025-08-01) http://www.smedaily.co.kr/news/articleView.html?idxno=335561: "~KRW 1.3tn P4-line finishing-work contract with Samsung Electronics."

### 삼성바이오로직스 (high)  → /samsung-biologics.md
- metric: Market share 11.7% · FY2024 · annual report
- note: Built all of Songdo bio plants 1-5; 11.7% of FY2024 revenue (KRW 1.17tn). Plant 6 (~KRW 2tn) not yet awarded.
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311003927: "FY2024: Samsung Biologics at KRW 1,166.4bn (11.70%)."
- [mentions] SME Daily (KO, news, published 2025-08-01) http://www.smedaily.co.kr/news/articleView.html?idxno=335561: "Built plants 1-5; plant 6 estimated at ~KRW 2tn."

### 삼성바이오로직스 (송도 플랜트 EPC) (mid)  → /samsung-biologics.md
- note: EPC for Songdo bio plants.
- [mentions] FSS DART (KO, filing, published 2026-05-15) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260515001658: "Samsung E&A builds the Songdo bio plants."

Reverse side: https://valuechain.wiki/samsung-e-a/suppliers.md · Ripple: https://valuechain.wiki/samsung-e-a/ripple.md

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