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CB&I nets USD 200m RAPID contract in Malaysia

03rd October 2014

CB&I has been awarded a contract valued in excess of USD 200m by Toyo Engineering Corp. for the engineering and supply of ethylene heaters for Petronas' Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, Malaysia

CB&I nets USD 200m RAPID contract in Malaysia
RAPID is part of Petronas' Pengerang Integrated Complex (PIC) development and its associated facilities

The plant will utilise SRT VII cracking heaters, which are the latest generation of SRT high selectivity heaters designed for cracking gas and liquid feedstock, to produce 1.1 million metric tons per annum of ethylene. The complete steam cracker technology package was previously awarded to CB&I under a separate contract.

"Our clients appreciate the high selectivity and reliability of our new generation SRT cracking heater technology," said Daniel McCarthy, president of CB&I's Technology operating group. "The SRT heaters are used to produce more than 40 per cent of the world's annual ethylene capacity."

RAPID is part of Petronas' Pengerang Integrated Complex (PIC) development and its associated facilities, which include the Pengerang co-generation plant, re-gasification terminal 2, air separation unit, raw water supply project, crude and product tanks, as well as central and shared utilities and facilities.

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