10/9/2020 CTCI awarded contract for Petronas RAPID project

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CTCI awarded contract for Petronas RAPID

project
12/12/2017

(/media/4794/three-mammoet-ring-cranes-working-in-parallel-on-rapid-site.jpg)
RAPID project.
With years of cultivation and development in the Malaysia hydrocarbon market, CTCI contracted RAPID P1 RFCC Project of PETRONAS in
2014 with a contract value of $1 B. The strong innovative technological expertise and project execution capability of CTCI in the P1 Project
has won the owner’s recognition and trust, which led PETRONAS to once again commission CTCI for the RAPID Package 28B EPCC of
Euro 5 Mogas CNHT2, Isomerization, TAME and Tankage Project this November. The contract signing ceremony has been held successfully
in Kuala Lumpur.

PETRONAS Malaysia’s fully integrated oil and gas embarked on the Pengerang Integrated Complex (PIC) which comprises of the Re nery
and Petrochemical Integrated Development (RAPID) and associated facilities. The project has attracted much attention from major
international EPC contractors vying for the bid. By securing the Package 28B contract, CTCI becomes the only EPC contractor to win two
re nery contracts within the PIC.

CTCI has established the CTCI Engineering & Construction Sdn. Bhd. in Malaysia back in 1983, aiming to explore and cultivate the local
hydrocarbon market and get hold of the business opportunities of power plant constructions. Once the new project is delivered, the plant
will produce high quality gasoline product in compliance with the stringent EURO-5 emissions standard, striking a balance between
economic development and environmental protection in Malaysia.

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10/9/2020 CTCI awarded contract for Petronas RAPID project

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