Malaysia Petchem JV Search Continues After Saudis Join Hub

April 25, 2017

Dateline 2017-03-14, Bloomberg:

Petronas Chemicals Bhd., a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest in a $27 billion oil refining and petrochemical project, sustaining hope the country can find a partner after at least three previous deals fell through.

Companies from Japan, South Korea, China, Taiwan and Italy have expressed interest in joining the Refinery and Petrochemicals Integrated Development, or RAPID, said Chief Executive Officer Sazali Hamzah, declining to identify them. Earlier plans by Petronas Chemicals’ parent, Petroliam Nasional Bhd., to develop petrochemical plants at the complex in the southern state of Johor with Evonik Industries AG, BASF SE and Kuokuang Petrochemical Technology Co. never materialized.

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Saturday Star 2014-07-19 – Job Opportunities

July 21, 2014

Selamat Berpuasa.

Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper.

  • I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • Talisman is looking for people. Have they got new acreage? Go and bug them here.
  • PETRONAS Chemical Groups is looking for a mess  of people. Go and bug them here.

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!

Food choice of the week? How if you visit Vietnam, how about visiting and updating GoHalalVietnam! for your food needs. For your other needs, talk to your local tour guide/ concierge / man on the street.

Some books for you to turn those bad numbers’ frown upside down.

  

Proofiness: The Dark Arts of Mathematical Deception, Bad Science: Quacks, Hacks, and Big Pharma Flacks, How to Lie with Statistics

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Vessel fire may delay Borneo project for Malaysia’s Petronas Chem

March 14, 2014

What vessel fire?

Dateline 2014-02-07, Reuters:

Malaysia’s Petronas Chemicals Group Bhd may face hiccups in its 4.5 billion ringgit ($1.35 billion) Sabah Ammonia and Urea (SAMUR) project after a vessel transporting equipment to the plant site caught fire.

The petrochemicals arm of Malaysia’s state oil firm Petronas said in a stock exchange filing on Friday that its wholly owned subsidiary Petronas Chemicals Fertiliser Sabah Sdn Bhd had been notified by its contractor of a fire aboard a vessel bound for the Borneo island.

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Petronas Chemicals to End Vinyl Business; Will Record MYR560 Million Charge in 4Q

November 18, 2012

So, PETRONAS is out of the 45 rpm business? Are they selling off their plant in Kerteh?

Dateline 2012-10-29:

Petronas Chemicals Group Bhd (5183.KU), the petrochemical arm of Malaysian state oil and gas company Petroliam Nasional Bhd, said late Monday it will discontinue its vinyl business and cease operations by January 1, 2013.

As a result, the company will take a charge of 560 million ringgit ($183 million) in the fourth quarter this year to mainly provide for decommissioning, contract termination dues and impairment expense, Petronas Chemicals said in a statement to the Malaysian stock exchange.

“The performance of the vinyl business has not been satisfactory compared to the group’s other businesses,” Petronas Chemicals said, because it wasn’t “closely integrated” within its product value chain.

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From Bernama – Government Optimistic on PETRONAS Chemicals Group’s Prospects

November 12, 2010

Dateline 2010-11-02:

The government is optimistic about Petronas Chemicals Group Bhd’s growth prospects, both in expanding into more complex petrochemical products and supporting upstream and downstream industries, said Prime Minister Datuk Seri Najib Tun Razak.

“We have great faith and high expectations that Petronas will contribute to drive innovative new development and reinforce Malaysia’s reputation as one of Southeast Asia’s premier petrochemicals production hubs,” he said.

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