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Samsung Engineering receives contract for Sarawak methanol plant

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Hydrocarbon Engineering,


Samsung Engineering has received a letter of intent (LOI) for a US$1.07 billion contract from Sarawak Petchem Sdn Bhd (Sarawak Petchem) to build a methanol plant in Sarawak, Malaysia.

Samsung Engineering will build a 5000 tpd methanol production facility in Bintulu, Sarawak, eastern Malaysia. Samsung Engineering won the contract for the FEED from Sarawak Petchem in April 2019 and the first Early Work contract in November 2019.

Samsung Engineering executed the Sarawak Petchem Methanol Plant Project from a feasibility study, FEED contract, Early Work phase, to a Licensor, Engineering, Procurement, Construction and Commissioning (LEPCC) contract with this LOI, effective from late January 2021. The plant will use Air Liquide’s technology and is expected completion in late 2023.

Samsung Engineering’s President & CEO Sungan Choi stated: “We were able to receive this landmark project from Sarawak Petchem, by showing our exceptional engineering capabilities and commitment made during the FEED stage. Samsung Engineering has an excellent track record for petrochemical plants and in Malaysia, which will insure optimal project execution, while earning the trust of the client for many future joint projects to come.”

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/30112020/samsung-engineering-receives-contract-for-sarawak-methanol-plant/

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Downstream news Asia Pacific downstream news Downstream contract news