Hengyuan Refining Company Bhd will spend US$48 million to execute the Clean Air Regulation Project at its refining complex in Port Dickson. In a filing to Bursa Malaysia, Hengyuan said the project is undertaken to ensure that the refinery’s emissions comply with the Clean Air Regulation requirements mandated by the Malaysian regulatory authorities via the installation of air pollution control systems at the Long Residue Catalytic Cracking Unit and Plat-2, and an emission monitoring system on the company’s flue gas stacks. “The Clean Air Regulation currently requires compliance by June 2019. It will be financed using a mix of cash flow generated from operations and a further draw-down from an existing term loan,” it added. .

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New Straits Times