Core Viewpoint - Brunei is advancing the construction of a new petrochemical industry project, expected to be operational by 2027, which will further diversify the oil and gas downstream industry [1] Industry Summary - The new petrochemical plant will primarily produce acetic acid and aniline, enhancing the deep processing and value addition of petrochemical products [1] - The project is planned to utilize raw materials from Brunei Hengyi Industries, Brunei Fertilizer Industries, and Brunei Methanol Company [1] - The development of this new petrochemical project, along with the second phase of the Brunei Hengyi project, is anticipated to create more local job opportunities [1] Company Summary - Brunei Hengyi Industries is identified as a key player in supplying raw materials for the new petrochemical project [1] - The government of Brunei is focusing on the downstream oil and gas industry as a priority area for development, leveraging the country's rich oil and natural gas resources [1]