Key Projects

Cluster	Oil, Gas & Petrochemical
Project	Kertih Plastics Park (KPP)
Location	PETRONAS Petroleum Industry Complex (PPIC), Kertih, Terengganu

Description

A key initiative in the downstream petrochemical industry include the proposed Kertih Plastics Park (KPP) which is the first of its kind in the country. Located within the PETRONAS Petroleum Industry Complex (PPIC), the Plastics Park will expand employment and entrepreneurship opportunities as well as create demand for other ancillary services. It will also attract domestic and foreign investments in plastics and plastics-related industries.

The Plastics Park's development will be supported by world class research and development (R&D) input from the PETRONAS Polymer Technology Centre (PPTC), a market-driven technology centre which will enhance customer technical services and product improvement and development for plastics applications.

Objectives

• To capture more resource-based value domestically via downstream integration of polymer and related plants within the existing petrochemical complex
• Ensures a competitive base for local producers through:
  • tapping into operational and infrastructural synergies at site
  • obtaining security of raw materials supply (Just-In-Time)
  • reaping economies of scale & direct cost savings (centralised services, freight savings, etc.)
• To promote development of a ECER downstream petrochemical hub by encouraging FDIs in higher-end applications, and technological and other skills base for the nation

Rationale

• To add value to hydrocarbon resources by moving up the product value chain, in line with the goals of the Industrial Master Plan 3 (IMP-3)
• To facilitate the transfer of technology, knowledge and skills to local SMEs involved in plastics and plastics related industries
• To respond to the need to enhance the competitiveness of Malaysian plastics industry
• To provide a “focused” development to cater for the specific needs of plastics industry
• To capture more value domestically by utilising the available feedstock for downstream applications in domestic facilities instead of exporting the plastic resins
• To expand employment and entrepreneurship opportunities as well as create demand for other ancillary services
• To attract domestic and foreign investments in plastics and plastics-related industries.

KPP Brochure (pdf)