KL: Muhibbah Engineering (M) Bhd secures US$32mil for construction facilities in Pengerang, Johor

Malaysia 07 Mar 2015
KL: Muhibbah Engineering (M) Bhd secures US$32mil for construction facilities in Pengerang, Johor

KUALA LUMPUR: Muhibbah Engineering (M) Bhd has secured a US$32mil (RM116mil) contract to design and build temporary construction facilities in Pengerang, Johor.

Muhibbah said on Wednesday it bagged the contract from Tecnicas Reunidas, S.A. Group for package III of Petroliam Nasional Bhd’s Refinery and Petrochemicals Integrated Development (Rapid) project.
It said Tecnicas Reunidas was awarded by Petronas as an EPCC contractor for Package III, the construction of kerosene hydrotreating unit, diesel hydrotreating unit, naphtha hydrotreating unit, cracked naphtha hydrotreating unit, and continuous catalytic reformer units in the Rapid project.
“The construction is scheduled to commence in first quarter of 2015 and is expected to be completed by first quarter 2016.
“The contract is expected to contribute positively to the earnings and net assets of Muhibbah Group for the current and future financial years,” it said.
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