Petronas lets contract for RAPID steam cracker

Oct. 3, 2014
Malaysia’s state-owned Petronas, through a contractor, has let a contract to CB&I for the engineering and supply of ethylene heaters for its refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeastern Johor, Malaysia.

Malaysia’s state-owned Petronas, through a contractor, has let a contract to CB&I for the engineering and supply of ethylene heaters for its refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeastern Johor, Malaysia (OGJ Online, May 13, 2011).

CB&I will deliver its proprietary SRT VII cracking heaters to the RAPID complex, which will produce 1.1 million tonnes/year of ethylene, CB&I said.

The value of the contract exceeds $200 million, CB&I said.

Petronas previously awarded CB&I the complete steam cracker technology package under a separate contract (OGJ Online, July 13, 2012).

In addition to the naphtha steam cracker and a 300,000-b/d refinery, other associated installations to be included in RAPID will be Regasification Terminal 2 (RGT2), an air-separation unit, as well as crude and product tanks (OGJ Online, Aug. 11, 2014).

In July, Petronas said it 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).