PETRONAS, Enilive and Euglena Reach Final Investment Decision to Construct a Biorefinery in Malaysia


Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.), and Euglena Co., Ltd. (Euglena) have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia.

The three companies will establish a joint venture company in Malaysia to construct and operate the biorefinery, with PETRONAS Mobility Lestari Sdn Bhd (PMLSB), a subsidiary of PETRONAS, and Enilive as the largest shareholders.

Source: BERNAMA News Agency

  • malaysiang

    Related Posts

    OVP aids almost 600 flood-hit families in Antipolo, Taytay

    Manila: The Office of the Vice President (OVP) provided relief aid to flood-affected families in Antipolo City and Taytay, Rizal on Friday following the onslaught of Severe Tropical Storm Enteng in the country.

    ‘Through the OVP’s Disaster Operations …

    Top leader hosts banquet in honour of Guinea-Bissau President

    General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and his spouse hosted a banquet in honour of Guinea-Bissau President Umaro Sissoco Embaló and his spouse, who are on an official visit to Vietnam.

    Sour…