About Sembcorp Industries Ltd

Sembcorp Industries Ltd, an investment holding company, engages in the utilities, marine, and urban development businesses worldwide. The company is a subsidiary of Temasek Holdings (Private) Limited. The company is a major energy, water and marine group operating across five continents worldwide. The company provides energy and water solutions to both industrial and municipal customers. It is also a leader in offshore and marine engineering, as well as an established brand name in urban development worldwide. Segments Utilities This segment’s principal activities are in the provision of energy and water to industrial, commercial and municipal customers. Key activities in the energy sector include power generation, process steam production, and natural gas importation. In the water sector, the business offers wastewater treatment, as well as the production of reclaimed, desalinated and potable water and water for industrial use. In addition, the business provides on-site logistics, solid waste management and specialized project management, engineering, and procurement services. The company has a combined capacity of approximately 11,000 megawatts of power and approximately 9 million cubic metres per day of water. Marine This segment focuses principally on providing integrated solutions for the offshore and marine industry. Key capabilities include rigs and floaters, repairs and upgrades, offshore platforms and specialized shipbuilding. Urban Development This segment owns, develops, markets and manages integrated urban developments comprising industrial parks, as well as business, commercial and residential space in Asia. The company’s land bank extends to approximately 11,000 hectares in Vietnam, China and Indonesia; and customer base to approximately 900 multinational and primary local corporations. Others/Corporate This segment comprises businesses mainly relating to minting, design and construction activities, offshore engineering and others. Significant Events In June 2020, as part of its energy business, Sembcorp Cogen Pte. Ltd., a wholly-owned subsidiary of the company, holds an electricity generation license from the Energy Market Authority of Singapore (EMA). The license requires Sembcorp Cogen Pte. Ltd. to have enough gasoil reserves to last approximately 60 days of operations.