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Company Background History View print page
Company Background
The Logo
History
  World Class Facilities
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  OPTIMAL OLEFINS (M)
SDN BHD
  OPTIMAL GLYCOLS (M)
SDN BHD
  OPTIMAL CHEMICALS (M)
SDN BHD
  The Management Team
The History


1996
  • Union Carbide Corporation (before merger with The Dow Chemical Company) & PETRONAS signed Letter Of Intent

1998
  • Joint venture agreement signed between Union Carbide Corporation & PETRONAS.

  • Five contracts were awarded for the OPTIMAL project:

  1. PMC Contract - Kvaener (Malaysia) Sdn Bhd

  2. Olefins Contract - Linde AG & Samsung Engineering Company Ltd. (primary sub-contractor)

  3. Glycol Contract - Toyo Engineering Corporation

  4. Butanol & Derivatives Contract - Bechtel Bina (Malaysia) Sdn Bhd

  5. General Facilities Contract - TECHNIP Geoproduction (M) Sdn Bhd

  • Clearing of land for the OPTIMAL site in Kertih, Terengganu commenced

1999
  • Construction of the OPTIMAL Complex commenced
2000
  • OPTIMAL Olefins welcomes additional shareholder, Sasol Polymers International Investments (Pty) Ltd. of South Africa

  • OPTIMAL sent 200 Malaysians for training in various Dow and Petronas facilities to prepare them with technical skills for operating the new plant
2002
  • January: The first on-spec ethylene was produced marking OPTIMAL's transition from "project stage" to a fully operational petrochemical company

  • March 2002: OPTIMAL's first export product, Mono Ethylene Glycol was sold to Perusahaan Kimia Gemilang Sdn Bhd

  • October: Final reactor in the OPTIMAL complex was successfully started-up. Project phase completed

2003
  • OPTIMAL successfully passes Malaysia's Department of Occupational Safety and Health (DOSH) shutdown inspection and commenced full commercial operation

The Logo History
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