Petronas lets contract for RAPID complex

June 26, 2015
Malaysia’s state-run Petronas, through a contractor, has let a contract to Industrial Cooling Solutions Inc. (ICS), Lakewood, Colo., to build a 28-cell cooling tower for its proposed refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeastern Johor, Malaysia.

Malaysia’s state-run Petronas, through a contractor, has let a contract to Industrial Cooling Solutions Inc. (ICS), Lakewood, Colo., to build a 28-cell cooling tower for its proposed refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeastern Johor, Malaysia (OGJ Online, May 13, 2011).

ICS will design and construct the multimillion-dollar cooling tower to be used at RAPID’s steam cracker complex, ICS said.

A precise value of the contract was not disclosed.

With a planned capacity of 300,000 b/d, the proposed RAPID refinery will produce naphtha and liquid petroleum gas feedstock for the petrochemical complex, as well as gasoline and diesel meeting European specifications to help address Asia-Pacific’s growing need for petroleum and petrochemical products (OGJ Online, Mar. 27, 2014).

The refinery and petrochemical complex will have a combined capacity to produce 7.7 million tonnes/year of various grades of products, including differentiated and specialty chemicals products (OGJ Online, Oct. 23, 2014).

Most recently, Petronas said it currently estimates RAPID will cost $16 billion, while associated installations for the project will involve an additional investment of about $11 billion (OGJ Online, July 25, 2014).

RAPID is scheduled for start-up in early 2019, according to ICS.

Petronas has awarded a series of contracts for components of the integrated RAPID complex following its 2011 announcement of the project (OGJ Online, Jun. 22, 2015; Aug. 11, 2014).

Contact Robert Brelsford at [email protected].