SINGAPORE, 11 June 2026 – Pengerang Energy Complex Sdn. Bhd. (“PEC”) is pleased to announce the award of the Engineering, Procurement, Construction and Commissioning (“EPCC”) works for the Pengerang Energy Complex Project (“Project”) in Johor, Malaysia, within the Johor-Singapore Special Economic Zone (JS-SEZ) to China National Chemical Engineering Company Limited (“CNCEC”).

The award marks a significant milestone for PEC as it advances through the final approval process with global Export Credit Agencies and project finance lenders.

CNCEC was selected following a rigorous evaluation process that considered technical expertise, financial strength, and project execution capabilities. As a leading global engineering and construction group, CNCEC brings the resources, extensive experience in world-scale energy and petrochemical projects, and familiarity with Honeywell UOP technologies, which form a key part of PEC’s process design. Supported by a strong track record of delivering large-scale projects safely, efficiently, and on schedule, CNCEC is a highly capable partner for the successful execution of the Pengerang Energy Complex.

Commenting on the award, a PEC spokesperson said:

“The award of the EPCC works to CNCEC marks an important milestone for the Pengerang Energy Complex Project. It reflects the Project’s continued progress towards construction and our commitment to delivering a world-scale facility.”

This collaboration also marks a significant step in strengthening the strategic partnership between PEC and CNCEC and is expected to support future opportunities for cooperation on PEC’s planned energy and petrochemical developments.

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About Pengerang Energy Complex

Pengerang Energy Complex (“PEC”) is set to become one of the world’s largest and most competitive integrated condensate splitter and aromatics facilities. Located within the Pengerang Integrated Petroleum Complex (PIPC) in Johor, it benefits from proximity to a major trading hub and deep-water port. Designed to process 150,000 barrels per day of condensate and side-feed naphtha, PEC will produce 2.7 mmtpa of aromatics, 4.0 mmtpa of petroleum products, and hydrogen to support renewable fuels development.

Valued at US$5.3 billion, the project features advanced automation and energy-efficient design to reduce emissions and equipment requirements. PEC is master-developed by ChemOne Group, a Singapore-based energy and petrochemicals leader with more than 40 years of industry experience.