By Jason Ng
KUALA LUMPUR--Malaysia's national oil and gas company Petroliam
Nasional Bhd. (PET.YY), or Petronas, said Friday it has picked
LyondellBasell Industries' (LYB) technologies for its planned
polypropylene plant.
Petronas said LyondellBasell's process technologies for its
900,000-metric-ton-a-year plant would produce polypropylene
products used in wide-ranging industries from automotive to
household products.
Houston-based LyondellBasell is currently preparing the
front-end engineering and design work to develop a detailed scope,
execution plan and cost estimate for the plant and is expected to
complete it by February.
"The engineering, procurement, construction and commissioning
phase is scheduled to start in November 2015 and the plant's
mechanical completion is expected in July 2018," Petronas said.
The plant is part of Petronas's so-called Pengerang Integrated
Complex project in the southern Malaysian state of Johor that could
cost as much as $27 billion. It is aimed at strengthening
Petronas's presence in the Asian chemicals market.
Write to Jason Ng at jason.ng@wsj.com
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