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Technip wins FEED for Integrated Project

Technip has been awarded a front-end engineering design (FEED) contract by PETRONAS for its proposed Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor, Malaysia. RAPID intends to build a world-scale integrated refinery and petrochemical complex to answer the growing need for specialty chemicals and to meet the demand for petroleum and commodity petrochemical products in the Asia Pacific region by 2016. The proposed refinery will have a capacity of 300,000 barrels per standard day and will supply naphtha and liquid petroleum gas feedstock for the RAPID petrochemical complex, as well as produce gasoline and diesel. The petrochemical units will produce various merchant grades petrochemicals products such as polyethylene, polypropylene, synthetic rubbers and other petrochemicals products. The contract is scheduled for completion in the second semester of 2013.