Monday, July 25, 2011

Daya Materials secures RM27.64m contracts

KUALA LUMPUR: DAYA MATERIALS BHD [] has secured two contracts valued a total of 6.46m euros (RM27.64 million) to supply and deliver catalysts to Petronas Methanol (Labuan) Sdn. Bhd.

It said on Monday, July 25 that its unit Daya Secadyme Sdn Bhd has signed two supply and delivery agreements with Petronas Methanol after a competitive bidding.

The agreements are to supply methanol synthesis catalyst and desulphurisation catalyst to Petronas Methanol for about 6.46 million euros.

The methanol synthesis catalyst will be delivered by November 2011 and the desulphurisation catalyst by September 2011.

'These agreements further strengthen Daya Materials' position as a prominent supplier of catalysts to the oil and gas, petrochemical and refining industries in Malaysia,' it said.

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