Maire Tecnimont, HQC bags polypropylene units project in Malaysia

Maire Tecnimont, HQC bags polypropylene units project in Malaysia

11:25 AM, 24th November 2015
Maire Tecnimont, HQC bags polypropylene units project in Malaysia

MILAN, ITALY: Maire Tecnimont SpA said that its subsidiary, Tecnimont SpA, in joint venture with China HuanQiu Contracting & Engineering Corporation (HQC), has bagged a $482 million project from PRPC Polymers Sdn Bhd (PRPC Polymers), a wholly owned subsidiary of Petronas Chemicals Group. It is expected to complete by the second quarter of 2019.

The project involves implementation of two polypropylene units for the refinery and petrochemical integrated development (RAPID) complex in Malaysia on an EPCC lump sum turn-key basis.  

The two polypropylene units will be based on LyondelBasell’s Spheripol and Spherizone technology and will have a capacity of 450,000 t/y (tons per year) each. Both the units are located inside the Integrated Refinery and Petrochemical complex, in Pengerang, southeastern Johor, Malaysia.

Maire Tecnimont is entitled to 60 percent of the contract and will provide complete engineering services, equipment and material supply, erection and construction activities.

“With this project we enter in a new promising market along with our strong strategic Chinese partner HQC, leveraging on our technology-driven approach and our distinctive competencies in managing large EPC projects in the polyolefine sector,” said Pierroberto Folgiero, chief executive officer, Maire Tecnimont.

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