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[3] [5] In 1992, the methanol plant was sold to Petronas and operates today as Petronas Methanol (Labuan) Sdn Bhd. [1] [6] [7] The power station was sold to Sabah Electricity. [1] The sponge iron factory was bought by the affiliated companies of the today's Lion Group. The plant operates today as Antara Steel Mills Sdn Bhd. [8] [9]
Petroliam Nasional Berhad, commonly known as PETRONAS (stylized in all caps), is a Malaysian multinational oil and gas company headquartered in Kuala Lumpur.Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act 1965 and reports to the company's Board of Directors.
As part of the Petrochemical Division of the Malaysian oil giant Petronas, PCF(K)SB's primary product is granular urea, with ammonia and methanol as secondary by-products of the manufacturing process. Currently, the plant has a rated urea output of 2100 MT per day.
Worldwide commercial synthetic fuels plant capacity is over 240,000 barrels per day (38,000 m 3 /d), including indirect conversion Fischer–Tropsch plants in South Africa (Mossgas, Secunda CTL), Qatar (), and Malaysia (Shell Bintulu), and a Mobil process (Methanol to Gasoline) plant in New Zealand.
Methanol is a fuel for heat engines and fuel cells. Due to its high octane rating it can be used directly as a fuel in flex-fuel cars (including hybrid and plug-in hybrid vehicles) using existing internal combustion engines (ICE). Methanol can also be burned in some other kinds of engine or to provide heat as other liquid fuels are used.
It spans over an area of 80 km 2 and is currently the largest petrochemical complex in Malaysia, and one of the major petrochemical hubs in the world. [1] It will house oil refineries, naphtha crackers, petrochemical plants, liquefied natural gas (LNG) terminals and a regasification plant upon completion. [2] [3] [4]
AzMeCo built the first methanol plant in the South Caucasus region and Central Asia, according to Azer News. [6] AzMeCo estimates that the plant will produce 560,000 tonnes of methanol per year. [9] The International Bank of Azerbaijan and European Bank for Reconstruction and Development (EBRD) financed the construction of the plant. [10]
Worldwide commercial synthetic fuels plant capacity is over 240,000 barrels per day (38,000 m 3 /d), including indirect conversion Fischer–Tropsch plants in South Africa (Mossgas, Secunda CTL), Qatar , and Malaysia (Shell Bintulu), and a Mobil process (Methanol to Gasoline) plant in New Zealand.