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flag Hengyi Industries will expand Brunei’s refinery by $5 billion, doubling capacity to 20 million tons annually by 2029.

flag Hengyi Industries will expand its petrochemical refinery in Brunei with a $5 billion investment, increasing annual production capacity from 8 million to 20 million metric tons, according to Brunei’s Minister of Finance and Economy Mohd Amin Liew Abdullah. flag The phase two expansion, announced during the 22nd Legislative Council meeting on March 14, 2026, is set to begin operations in 2029 and will use advanced technology. flag The project marks a significant boost to Brunei’s industrial and energy sectors.

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