KUALA LUMPUR, Oct 9 (Bernama) — PETRONAS Chemicals Group Berhad (PCG), has reached the final investment decision (FID) to construct Asia’s largest advanced chemical recycling plant with a capacity of 33 kilo-tonnes per annum (ktpa). The plant which will be located in Pengerang, Johor, is targeted to be operational by the first half of 2026.
The FID announcement also saw the signing of the Technology License Agreement (TLA) between PCG’s subsidiary and Plastic Energy Limited (Plastic Energy) and awarding of the Engineering, Procurement and Construction (EPC) to Mutiara Etnik Sdn. Bhd.
