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TOKYO: Japan’s Toyo Engineering Corp said yesterday it has been awarded a contract for building a steam cracker complex project in Malaysia from Petroliam Nasional Bhd (Petronas) for about US$2.31 billion (RM7.32 billion). This is part of Petronas’ refinery and petrochemical integrated development in Pengerang, Johor. It has been awarded on a lump sum turn-key basis and completion of the facilities, which include the ethylene production plant, pyrolysis gasoline plant and butadiene extraction plant, is scheduled for mid-2019, it said. Reuters

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