Technip gets Petronas FEED contract in Malaysia

Technip gets Petronas FEED contract in Malaysia

3:32 AM, 14th March 2012
Technip gets Petronas FEED contract in Malaysia
Thierry Pilenko, Chairman and CEO, Technip.

PARIS, FRANCE: Technip has been awarded a front-end engineering design (FEED) contract by PETRONAS for its proposed Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor, Malaysia. RAPID aims at building a world-scale integrated refinery and petrochemical complex to answer the growing need for specialty chemicals and to meet the demand for petroleum and commodity petrochemical products in the Asia Pacific region by 2016.

The proposed refinery will have supply naphtha and liquid petroleum gas feedstock for the RAPID petrochemical complex, as well as produce gasoline and diesel that meet European specifications. The petrochemical units will enhance the value of the olefinic streams coming from the RAPID steam cracker by producing various merchant grades petrochemicals products such as polyethylene, polypropylene, synthetic rubbers and other petrochemicals products. The contract is scheduled for completion in the second half of 2013.

“This award builds on our long-term presence in Asia Pacific. By combining the expertise and the teams of our operating centres in Kuala Lumpur (Malaysia), Paris and Lyon (France), we will be able to provide PETRONAS with the best technological solution and execution scheme,” said Thierry Pilenko, Chairman and CEO, Technip.

© WOC News 

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