Axens Technologies Selected for Petronas’ RAPID Project 23.06.2015
PETRONAS, Malaysia’s national oil and gas company has selected Axens as a technology provider for its Refinery and Petrochemicals Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia.
The RAPID project is part of the Malaysia 2016-2020 investment plan, and will contribute to diversify the country’s oil, gas, and chemical industries. Malaysia should increase its refining capacity by 300,000 bbl/day by 2019 (source: ICIS).
This project is expected to produce Euro 5 fuel grades, meeting European emission standards. In this context, Axens has provided conversion and naphta catalytic reforming technologies, as well as hydrodesulfurization units.