June 28, 2018
Dateline 2018-05-16, Saudi Gazette:
Nasional Berhad (Petronas), the national oil company of Malaysia and Saudi Arabian Oil Company (Saudi Aramco) Moday launched “PRefChem”, the corporate identity for their joint ventures in the Pengerang Integrated Complex (PIC) located in Pengerang, Johor, Malaysia. PRefChem comprises Pengerang Refining Company Sdn Bhd (PRefChem Refining) and Pengerang Petrochemical Company Sdn Bhd (PRefChem Petrochemical), both will be collectively known as “PRefChem”.
Petronas and Saudi Aramco had earlier in March 2018 concluded the Share Purchase Agreement for equal ownership and participation in the operations of the refinery, cracker and selected petrochemical facilities in the PIC.
March 27, 2018
Dateline 2018-02-15, NST:
PENGERANG in Kota Tinggi, Johor, has an abundance of natural resources and unique landforms. It was a place when once upon a time bauxite was extracted and was also famous as a fishing area and for its lobsters.
There is also Desaru, a favourite beach haunt among locals and Singaporeans — at least until the mid-90s.
But despite the seasonal economic activities, not much can be said about the little sub-district. Just like other small “sleepy hollows”, revellers came and went and many young locals, in search of greener pastures, looked elsewhere outside Pengerang.
November 30, 2017
Dateline 2017-10-24, NST:
Investments in the Pengerang Integrated Petroleum Complex (PIPC) are expected to generate RM8.3 billion to the country’s Gross National Income (GNI) by 2020.
Prime Minister Datuk Seri Najib Razak said of the amount, the Petronas’s Pengerang Integrated Complex (PIC) would be the biggest contributor in the oil and gas hub.
“PIPC is a strategically important project for the government. PIC, which I consider as the heart of the PIPC, will play a role to encourage new growth under the country’s Economic Transformation Programme.
“This will eventually create the basis for a more dynamic and progressive oil and gas downstream industries in Malaysia in the future.
“PIC is expected to generate a rapid growth in the development of the value chain of the downstream industry,” said Najib, adding that he was informed that as at the end of September, the PIC was 77 per cent completed.
October 12, 2017
Any may I complement Izhar Hifnei Ismail on his eloquence, and when will he do a photo op with me? Muar boleh!
Dateline 2017-08-31, Japan Times:
The PIPC sits on a 20,000-acre piece of land in Pengerang, in Malaysia’s Johor state. The PIPC is designed to accommodate downstream oil and gas industrial facilities such as refineries and petrochemical plants, deep-water terminal and storage tanks, naphtha crackers, regasification plants and supporting facilities, as well as manufacturing plants and industrial parks.
To be developed in phases, the PIPC covers both core and non-core downstream activities. Included in the PIPC master plan are designated areas for related support services such as a plastic and fine chemicals park, a light and medium industrial park, a waste management center, an emergency response center, a logistics hub, a commercial hub and others.
The striking attraction of the PIPC lies in the robust design of the PIPC master plan that strives to enable and promote future growth and sustainability, by offering a wide spectrum of investment opportunities targeted at downstream oil and gas players.
April 6, 2017
Dateline 2017-02-24, Malay Mail:
The subdistrict of Pengerang in Johor thrives as a downstream oil and gas industry hub, with investment worth billions of ringgit as a result of brilliant strategies introduced by Johor Petroleum Development Corporation Berhad (JPDC).
JPDC, a subsidiary of Malaysia Petroleum Resources Corporation (MPRC), has a big hand in the development of the Pengerang Integrated Petroleum Complex (PIPC).
The complex situated in Pengerang, which sprawls over 8,093 hectares of land, is an integrated hub with an investment potential of RM221 billion (US$52 billion). Its facilities include liquefied natural gas (LNG) and petrol storage tanks, petrochemical plant, regasification plant, refinery, power plant and facilities to decompose naphthalene.
“JPDC is optimistic that it will attract more investment to PIPC,” said its chief executive Mohd Yazid Jaafar.
February 26, 2017
Dateline 2017-01-26, Yahoo! Finance:
Malaysia’s state oil firm Petroliam Nasional Berhad said on Thursday its new $27 billion refining and petrochemical complex project in the southeast Asian country is on track for start-up in 2019.
Sources familiar with the matter told Reuters on Wednesday that Saudi Aramco had shelved its plans for a partnership with the company, known as Petronas, on the Refinery and Petrochemical Integrated Development (RAPID) project, raising questions about its future.
RAPID, located within the Pengerang Integrated Complex in the southern Malaysian state of Johor, is designed to have a 300,000-barrel-per-day oil refinery and a petrochemical complex with a production capacity of 7.7 million metric tonnes.
August 7, 2016
Dateline 2016-06-27, NST:
PETROLIAM Nasional Bhd (Petronas) has achieved another milestone by receiving the tallest and heaviest propylene fractionator process column for the steam cracker facility within its Pengerang Integrated Complex (PIC) in Pengerang, Johor, on Saturday. The fractionator would complement the overall development of the PIC, poised for its refinery start-up by early 2019. It also established a new record as the tallest and heaviest process column to have landed on Malaysian shores. The column measures 121.3m — equivalent to a 36-storey building — and weighs 1,808.6 tonnes. “I am proud to announce that our propylene fractionator has been recognised by the Malaysia Book of Records as the tallest and heaviest process column in Malaysia,” said Petronas senior vice-president and Petronas Refinery and Petrochemical Corporation Sdn Bhd chief executive officer (CEO) Dr Colin Wong Hee Huing.