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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.
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. [1] [2]
What is methanol? Methanol, a colourless liquid with a faintly sweet pungent smell, completely mixes with water. It’s very similar to ethanol – the pure form of alcohol in alcoholic drinks.
The methanol economy is a suggested future economy in which methanol and dimethyl ether replace fossil fuels as a means of energy storage, ground transportation fuel, and raw material for synthetic hydrocarbons and their products.
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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.