Media Releases

Sembcorp Industries is pleased to announce that its subsidiary Sembcorp North-West Power Company has successfully secured project financing for its Sirajganj power project in Bangladesh.

As part of its leadership succession plan, Sembcorp Industries (Sembcorp) announces that its Group President & CEO, Tang Kin Fei, will retire on March 31, 2017 after 30 years with the Group. He will be succeeded by Neil McGregor, with effect from April 1, 2017.

Sembcorp Industries (Sembcorp) is pleased to announce its first solar energy project in Singapore, which will provide renewable power to two airfreight terminals near Singapore Changi Airport. This will be one of the largest single-location solar energy systems in the country.

Prime Minister Lee Hsien Loong of Singapore and President Joko Widodo of Indonesia presided today over the official opening of Park by the Bay, a new 2,700-hectare integrated township in Semarang, Central Java, by Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries. The project is set to form the economic engine to draw investment and create jobs for a region which Indonesia has earmarked for greater development. At the same time, it will serve as an emblem of private sector economic cooperation between Indonesia and Singapore.

Sembcorp Industries (Sembcorp) posted a net profit of S$247.4 million and a turnover of S$5.9 billion for the first nine months of 2016 (9M2016) compared to S$488.1 million and S$7.1 billion in 9M2015 respectively.

Sembcorp Industries is pleased to announce the appointment of Yap Chee Keong as an independent director and a member of its board’s audit committee and risk committee, with effect from October 1, 2016.

Vietnam Singapore Industrial Park J.V. Co. (VSIP) celebrated 20 years of success and leading integrated townships and industrial parks today.

Sembcorp Industries (Sembcorp) posted a net profit of S$193.5 million and a turnover of S$3.7 billion for the first half of 2016 (1H2016) compared to S$365.8 million and S$4.7 billion in 1H2015 respectively.

Nanjing International Water Hub, an upcoming centre for water industry players developed by Sembcorp, today secured two respected water research institutes from China as strategic partners.

Sembcorp Industries (Sembcorp) is pleased to announce that it has signed memoranda of understanding (MOUs) today with Mitsubishi Electric and Scinor (Asia) respectively, to test-bed new technologies for water, under the Sembcorp Industrial Living Lab initiative.

A team of two students from Nanyang Technological University, Oh En Yao Joshua and Goh Jing Yaw, has been named the winner of the Sembcorp Water Technology Prize (SWTP) 2016.

Sembcorp Industries (Sembcorp) posted a net profit of S$107.0 million and a turnover of S$1.9 billion for the first quarter of 2016 (1Q2016) compared to S$142.2 million and S$2.3 billion in 1Q2015 respectively.

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