PETRONAS IN PACT FOR STUDY ON BIN­TULU METHANOL PLANT

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Petro­liam Na­sional Bhd (Petronas) has inked a mem­o­ran­dum of un­der­stand­ing (MoU) with Sarawak state en­tity Yayasan Har­tanah Bu­mi­put­era Sarawak (YHBS) to jointly con­duct a prefea­si­bil­ity study for a pro­posed methanol plant project in Bin­tulu, Sarawak. Petronas said the study will be con­ducted by both par­ties to as­sess the over­all tech­ni­cal and com­mer­cial vi­a­bil­ity and fea­si­bil­ity of the project at the Sa­malaju In­dus­trial Park. Be­sides that, Petronas also signed a heads of agree­ment with Huchems Fine Chem­i­cal Malaysia Sdn Bhd for the sup­ply of 58 mm­scfd of nat­u­ral gas to Huchems’ pro­posed petro­chem­i­cal plant at the same in­dus­trial park for 20 years to pro­duce am­mo­nia and am­mo­nia de­riv­a­tives.

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