Petronas’ new US$20 bln integrated refinery cum petrochem complex to be commissioned by 2016

Petronas will construct a US$20 billion integrated refinery and petrochemicals complex in Southern Johor to be commissioned by end-2016. The project, known as the Refinery and Petrochemicals Integrated Development (RAPID) is at the detailed feasibility study stage and would comprise a crude oil refinery, a naphtha cracker that would produce about 3 mln tpa of ethylene, propylene, C4 and C5 olefins and a petrochemicals and polymer complex that would produce differentiated and highly-specialised chemicals. The project would enhance Malaysia refining capacity in products such as gasoline, jetfuel and diesel to meet the nation's growing fuel requirements indigenously and boost fuel exports.
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