For subscribers
Singapore's ChemOne Group to finalise financing for $6 billion Johor project
Sign up now: Get ST's newsletters delivered to your inbox
The company said it is forecasting an annual export turnover of US$5 billion for Pengerang Energy Complex.
PHOTO: PENGERANG ENERGY COMPLEX
Follow topic:
SINGAPORE - Singapore-based ChemOne Group is expected to secure funding for its US$4.4 billion (S$6.1 billion) Pengerang Energy Complex (PEC) in Johor, Malaysia, later this year.
Mr Alwyn Bowden, chief executive of PEC, a unit of ChemOne which will operate and manage the 150,000 barrel-per-day condensate processing plant, said construction will commence in the fourth quarter and be completed in 2026.
