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Asian Chemical Connections

Benefits, Risks Of Petronas/Aramco Deals Serving As Template

By John Richardson THE PETRONAS and Saudi Aramco joint ventures in the RAPID refining-to-petrochemicals project in Malaysia may serve as a template for further “win/win deals”. Whilst these deals will substantially benefit the companies and countries involved, there are broader risks that I’ll discuss at the end of this blog post. Back in February, Aramco […]

Malaysia: All That Glitters Is Not Gold

By John Richardson ANYONE who visits Kuala Lumpur, Malaysia’s capital city, might well come away with the impression that everything is well with the country. The hotels are heaving as are the restaurants,  bars and shopping centres. So are the stalls on Petaling Street where, remarkably, it is possible to buy a luxury, top-of-the range […]

The Petronas Decision And Singapore

By John Richardson THE blog continues to ponder the significance of the Petronas announcement that it is to go ahead with its $27bn refinery-petrochemicals project – the Pengerang Integrated Complex (PIC) at Johor in Malaysia. “It means that Singapore faces a competitor with deep pockets. Time to assess the winners and losers on Singapore’s Jurong […]

The Petronas Decision: What It Means

By John Richardson LAST week’s decision by Petronas to go ahead with its $27bn refinery and petrochemicals complex at Pengerang in Johor, Malaysia, tells us that: Nation building remains important in the petrochemicals business. This project will create huge further economic value for Malaysia through all the construction and operating jobs created and the revenues […]

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