News
17 November 2025

ChemOne faces delay on $5.3bn Malaysia petchem financing

In:
Oil & gas
Region:
Asia-Pacific

ChemOne Group has encountered a setback in achieving financial close on its planned $5.32 billion Pengerang Energy Complex in Johor, Malaysia, due to an upward revision of EPC costs by its Italian construction partner Maire.The project, one of the largest investments within the Pengerang Integrated...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...