KUALA LUMPUR (Nov 3): Dialog Group Bhd has secured an engineering, procurement, construction and commissioning (EPCC) contract with an estimated value of RM248 million in Pengerang, Johor.

Dialog, via its wholly-owned Dialog E & C Sdn Bhd (DECSB), secured the contract from PRPC Utilities and Facilities Sdn Bhd (PRPCUF) for the EPCC of a "titanium nitrile butadiene latex (NBL) outside battery limit facility" project for the Pengerang Integrated Complex (PIC).

PRPCUF is a subsidiary of Petronas Refinery and Petrochemical Corp Sdn Bhd (PRPC). The latter is the developer of the PIC in Pengerang.

According to Dialog, DECSB will build the required interconnecting and utility lines and a new effluent treatment plant in the PIC as part of PRPCUF’s growth programme.

“The identified interconnecting and utility lines and the new ETP are to support the development of the NBL Plant by providing all required utilities, offsite and interconnecting feedstock pipelines for the NBL plant to operate and treat its effluent at the new ETP,” said Dialog in a bourse filing on Wednesday.

The EPCC project — which was obtained through competitive bidding — will commence immediately and is expected to be completed by the second quarter of 2023.

Dialog shares slipped two sen or 0.69% to close at RM2.87 on Wednesday, with some 6.28 million shares transacted, giving it a market capitalisation of RM16.2 billion.