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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]
Oil refinery in Kerteh. Kerteh is the base of operations for Petronas in Terengganu, overseeing the oil platform operations off the state's coast as well as petrochemicals production, [1] natural gas processing [2] and crude oil refining.
Brunei Methanol Company (BMC) is a national petrochemical facility situated at the Sungai Liang Industrial Park (SPARK) in Sungai Liang, Brunei [2] jointly owned by Japan's Mitsubishi Gas Chemical Company (50%), ITOCHU Corporation (25%) and Mirkhas (25%), a company incorporated under the purview of the Strategic Development Capital Fund, a trust sub-fund of the Government of Brunei.
PPB Group Berhad is a Malaysian diversified conglomerate which engages in food production, agriculture, waste management, film distribution, property investment and development. PPB is also the single largest shareholder of Wilmar International , one of the leading palm oil producers and agribusiness companies in the world.
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.
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.
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.
[5] [6] By 2002, the cost of the fabrication plant swelled to RM 6.5 billion (US$1.7 billion). [7] In 2005, 1st Silicon announced the production of 0.13 micron wafers, first in Malaysia to do so. [8] Despite making losses over the years, Sarawak state government continued to invest in 1st Silicon for the benefit of the future generation. [9]