Samsung Engineering, a world leading engineering solutions and project management company, announced today, that with LOTTE CHEMICAL, Korea National Oil Corporation and Malaysia's SEDC Energy (Sarawak Economic Development Corporation Energy) the FEED contract for the Sarawak H2biscus Green Hydrogen & Ammonia project(H2biscus) in Malaysia was launched with a kick-off meeting, said Hydrocarbonprocessing.
The kick-off meeting was held on the 23rd November at Samsung Engineering's headquarters, GEC (Global Engineering Center) in Sangil-dong, Gangdong-gu. Samsung Engineering Executive Vice President & Head of Sustainable Solution Business Division Cheonhong Park, LOTTE CHEMICAL Division Manager Kim Yong-hak, Korea National Oil Corporation Team Leader Jang Jin-hwan, SEDC Energy President Robert Hardin, and other officials from each participating company participated, reviewed major subjects and schedules related to FEED design progress, and shared strategies.
Samsung Engineering will execute the FEED for the green hydrogen plant with an annual capacity of 150,000 tons and a green ammonia conversion plant with a capacity of 850,000 tons in Sarawak, Malaysia, expected completion in 2024.
We remind, Haldia Petrochemicals Limited (HPL) is building India's first on-purpose propylene facility based on Olefin Conversion Technology (OCT) in Haldia, West Bengal. Speciality chemicals have supported HPL in earning Rup 999 crore of revenue in FY 2023. HPL is also constructing India's biggest phenol facility with 300,000 tonnes/y of phenol capacity and 185,000 tonnes/y of acetone capacity. With the two plants commissioning, the total chemical business portfolio is poised to rise by Rup 5000 crore.
mrchub.com