KUALA LUMPUR, May 11 (Bernama) -- PETRONAS today moved another step closer towards realising the development of the Pengerang Integrated Complex (PIC) with the signing of three Engineering, Procurement, Construction and Commissioning (EPCC) contracts for PIC’s petrochemical plants.
  
Two EPCC contracts were signed between PETRONAS and a consortium of Samsung Engineering Co Ltd, Samsung C&T Corporation and Samsung Engineering (M) Sdn Bhd for a linear low density polyethylene (LLDPE) plant and an ethylene oxide ethylene glycol (EOEG) plant.
  
Meanwhile, another EPCC contract was signed by PETRONAS with a consortium of Tecnimont SpA, Huanqiu Contracting & Engineering Corporation, TECNIMONTHQC Sdn Bhd and TecnimontHQC S.c.a.r.l. for a polypropylene (PP) plant.  
 
Both consortiums received their respective Letter of Award (LOA) from PRPC Polymers Sdn Bhd (for LLDPE and PP) and PRPC Glycols Sdn Bhd (for EOEG) late last year. The three plants are expected to be completed by early 2019.  
 
Upon completion, the LLDPE plant will be able to produce 350,000 metric tonnes per annum (mtpa) of LLDPE, the EOEG plant will produce 740,000 mtpa of Monoethylene Glycol (MEG) and the PP plant will produce 900,000 mtpa of homopolymer and copolymer polypropylene.
   
The contracts were signed in a ceremony at the PETRONAS Twin Towers. Signing on behalf of PRPC Polymers and PRPC Glycols was PETRONAS Senior Vice President and Chief Executive Officer of PETRONAS Refinery and Petrochemical Corporation Sdn Bhd (PRPC), Ir. Dr. Colin Wong Hee Huing.
 
 
About PETRONAS
 
PETRONAS is a Fortune Global 500^® company wholly-owned by the Government of Malaysia. Together with its subsidiaries and associated companies, PETRONAS is a fully integrated entity with global operations in a wide spectrum of the oil and gas value-chain with strategic interests in more than 50 countries. Committed to ensuring business sustainability, PETRONAS strives to responsibly manage natural resources in a way that contributes to the well-being of the people and nations where it operates. 
 
www.petronas.com.my
  
About Pengerang Integrated Complex
 
PETRONAS’ Pengerang Integrated Complex (PIC) development comprises the Refinery and Petrochemical Integrated Development (RAPID) project and six associated facilities including the Pengerang Co-generation Plant (PCP), Re-gasification Terminal 2 (RGT2), Air Separation Unit (ASU), Raw Water Supply Project (PAMER), the Pengerang Deepwater Terminal 2 (PDT2) as well as Centralised and Shared Utilities and Facilities. 
 
Developed within a 6,242-acre site in Pengerang, Johor; PIC forms part of Johor State’s Pengerang Integrated Petroleum Complex (PIPC), which is under Malaysia’s Economic Transformation Programme (ETP) to establish new engines of growth for Malaysia; whilst meeting future energy requirement and strengthening PETRONAS’ position as a key player in the Asian chemicals market, focusing on premium differentiated chemicals. RAPID is estimated to cost US$16 billion while the associated facilities will involve an investment of about US$11 billion. 
 
PIC is poised for its refinery start-up by early 2019.
 
http://pic.petronas.com.my  

SOURCE : PETROLIAM NASIONAL BERHAD (PETRONAS)
 
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Izzuddin A Ghani
Tel : +603 2858 3282
Email : izzuddin@petronas.com.my
 
--BERNAMA