Entrepreneurship: Reans Engineering / Norhazzarita Musa ... [et al.]

• Main Authors: Musa, Norhazzarita, Amram, Zur Eda Fazleen, Ahamad, Norin Azlin, Deraman, Nurulnadia, Othman, Syarifah
• Format: Entrepreneurship Project
• Language: English
• Published: 2009
• Subjects: Entrepreneurship. Risk and uncertainty; Entrepreneurship. Property; Technological innovations; Petroleum industry and trade; Chemical industries
• Online Access: https://ir.uitm.edu.my/id/eprint/52189/1/52189.pdf; https://ir.uitm.edu.my/id/eprint/52189/

REANS ENGINEERING SDN.BHD which is located at Lot 18122, first floor, Taman Sejati, Wakaf Tembesu, Jalan Gong Badak,21300 Kuala Terengganu, Terengganu Darul Iman is a company that running a business in providing and supplying scientific equipment to the refining industries in Malaysia. Our product is specific in analytical controls and refining such as chromatography. We try to configures, markets and supports dedicated chromatographic solutions for the worldwide petroleum, petrochemical and natural gas industries. We provide and supply the refining industry a wide range of solutions for the analysis of gas, naphtha and gasoline streams up to and including crude oil and residuals. 55 percent our market size is for the industrial and another 45 percent for the local universities. We choose this business because it is very profitable and in the east coast there is a lot of industrial area which is doing business of petroleum, petrochemical and natural gas and this business has a high prospect in the future because Malaysia has found other places of petroleum area recently and there is a high demand from the customers especially local universities that has offer the chemical engineering course to the students. We expect from this business we will get annual profit around RM 4.5 millions. REANS ENGINEERING SDN.BHD will be operated on 1st JANUARY 2009.