Evonik, Petronas JV specialty chemicals facility in Malaysia
Waste Management Expo 2020 MAR 12&13 BIEC, Bengaluru, India

Evonik, Petronas JV for specialty chemicals facility in Malaysia

5:03 AM, 24th January 2013
Evonik, Petronas JV for specialty chemicals facility in Malaysia
Datuk Wan Zulkiflee Wan Ariffin, Chief Operating Officer and Executive Vice President of Downstream Business, Petronas.

ESSEN, GERMANY: Petronas and Evonik Industries AG signed a Letter of Intent (LOI) to jointly embark on the development of production facilities of specialty chemicals within Petronas’ Refinery & Petrochemical Integrated Development (RAPID) project in Pengerang, Johor, Malaysia. The two parties will endeavour to form a partnership to jointly own, develop, construct and operate facilities for the production of hydrogen peroxide, C4 co-monomer and oxo-products within RAPID.

The plants will have capacity to produce 250,000 metric tonne of hydrogen peroxide, 220,000 metric tonne of isononanol and 110,000 metric tonne of 1-butene annually. The hydrogen peroxide will be used on site to produce propylene oxide by the licensed, eco-friendly HPPO process Evonik had jointly developed with ThyssenKrupp Uhde. These projects are expected to come on stream in 2016. The partnership is expected to strengthen Petronas’ position as a key downstream petrochemical player in the region.

“Evonik’s excellent track record and more than 100 years of experience in the industry, backed by its proven technical, engineering and sales support, makes them another strategic partner in the development of RAPID towards achieving the project’s final investment decision,” said Datuk Wan Zulkiflee Wan Ariffin, Chief Operating Officer and Executive Vice President of Downstream Business, Petronas.

© WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Ineos, Evergas JV for ethane transportation from the US to Europe

ROLLE, SWITZERLAND: Ineos Europe has entered into 15-years shipping agreements with Evergas for the transportation of ethane into Europe from the US M ...

Read more
Black carbon contributes twice to global warming than previously estimated, finds study

  WASHINGTON, US: In addition to causing smoggy skies and chronic coughs, soot (black carbon) turns out to be the number two contributor to glob ...

Read more
OM Group to sell advanced materials business for $435 million

CLEVELAND, US: OM Group Inc announced a major step in its strategic evolution with the signing of definitive agreements to exit its advanced materials ...

Read more
Jorg Reinhardt quits as Chairman of Bayer HealthCare

LEVERKUSEN, GERMANY: Dr Jorg Reinhardt, Chairman of the Board of Management of Bayer HealthCare AG and a member of the Bayer AG Executive Council, wil ...

Read more
AkzoNobel appoints new Managing Director for Surface Chemistry, Armstrong

AMSTERDAM, THE NETHERLANDS: AkzoNobel appointed Graeme Armstrong as Managing Director Surface Chemistry and Country Director for North America effecti ...

Read more
CB&I bags crude stabilization project contract in Denmark

THE WOODLANDS, US: CB&I has been awarded a contract in excess of $175 million by DONG Oil Pipe A/S for the engineering, procurement and constructi ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X