Taiwan CPC's Kuokuang mulls integrated refinery, petrochem complex in Johor, Malaysia

17-Jun-13

Discussions are underway at Taiwan's Kuokuang Petrochemical Technology Co’s board mulling set up of an integrated refining and petrochemical complex in Pengerang in the state of Johor in Malaysia, as per Platts. This project is being planned to rival state-owned Petronas' Refinery and Petrochemical Integrated Development (RAPID project). Kuokuang, partly owned by Taiwan's state-owned CPC, has submitted a comprehensive environmental impact assessment report for the project to Malaysia's Department of Environment at the Ministry of Natural Resources and Environment late last month. To be named KPTC Malaysia Integrated Refinery and Petrochemical Development (KPTC-MIRPD), the project will include a 150,000 bpd refinery and is expected to begin development by next year, with startup scheduled for early 2018. The complex will consist of a crude distillation unit, naphtha cracker and aromatics unit and run Saudi Arabian crude. It will also produce ethylene, propylene and other petrochemicals.