KUALA LUMPUR: Petronas Chemicals Bhd, a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest in a US$27bil oil refining and petrochemical project, sustaining hope the country can find a partner after at least three previous deals fell through.
Companies from Japan, South Korea, China, Taiwan and Italy have expressed interest in joining the Refinery and Petrochemicals Integrated Development, or Rapid, said chief executive officer Sazali Hamzah (pic), declining to identify them.