Tuesday, July 26, 2011

KNM Group, Zecon ink RM17 bln preliminary deals with Gulf Asian Petroleum for refinery and polypropylene plant

KNM Group Bhd and Zecon Bhd signed preliminary deals worth RM17 bln in total with Gulf Asian Petroleum Sdn Bhd (GAP) to build an integrated petrochemical complex in Teluk Ramunia, Johor, Malaysia. Undder the deal, KNM Group and Zecon together with a Korean or Chinese contractor will form a consortium to undertake the petroleum refinery and polypropylene unit projects.

For more details on KNM Group, Zecon ink RM17 bln preliminary deals with Gulf Asian Petroleum for refinery and polypropylene plant click here

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