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| April 21,2003 No.0940 | ||
| Order Awarded for the Rejuvenation and Revamp of a Gas Processing Plant in Malaysia | |||||||||||||||
| Tokyo, April 21,2003, -- Mitsubishi Heavy Industries, Ltd. (MHI) and Sumatec Corporation
Sdn. Bhd. (Sumatec), a Malaysian construction firm, was formally awarded a contract
to rejuvenate and revamp a gas processing plant and LPG export terminal for PETRONAS
Gas Berhad (PGB), a subsidiary of the Malaysian national oil company headquartered
in Kuala Lumpur. Three parties, including the consortium of MHI and Sumatec, were
involved in the international tender. The contract is for the modification works on Gas Processing Plant-1 (GPP-1), and its associated facilities and LPG export facilities (ET-1&2) located in Kerteh and Kemaman, Terengganu. This plant has been in operation since 1984. The objective of the project is to restore capacity, to extend operating life and to improve the operational performance of the two facilities. After more than 20 years of operation, the scope of work involved in the modification process is:
This gas plant produces propane, butane, condensates, and fuel gas by cooling and separating natural gas. The plant has an operating capacity of 250MMSCFD. MHI's scope of responsibility includes the EPC (engineering, procurement, and construction) works associated with the modification process. The contract amount is approximately 8 billion-yen with the delivery date scheduled for January 2005. MHI's believes the award of this project was a direct result of a number of successful experiences with PETRONAS on previous projects in Malaysia including work at a fertilizer plant (Kedah), an MTBE plant (Pahang) and a district cooling system for Kuala Lumpur City Centre, including the Petronas Twin Towers. These earlier projects provided MHI with the opportunity to display its capabilities in its field. MHI will continue to place a sizeable amount of its marketing efforts on the Malaysian market and aims to turn this project into a case study for future business expansion. Of particular interest to MHI, is work related to the life extension, modification, expansion, and modernization of existing plants in Malaysia. # # #
About Mitsubishi Heavy Industries Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan is one of the world's leading global heavy machinery manufacturers, with fiscal 2001 (ended March 31, 2002) consolidated sales of 2,863 billion yen. MHI's diverse line-up of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, steel plants, environmental equipment, and machinery for industrial and general use, aircraft, and space rocketry and air-conditioning systems. For more information, please visit the web site of MHI (http://www.mhi.co.jp) PRESS CONTACT: Chris Grams:cgrams@golinharris.com, or Akio Kishimoto: akishimoto@golinharris.com Tel: +81-3-5721-2521, Fax: +81-3-5721-2591 Golin/Harris International (PR for Mitsubishi Heavy Industries) |
