In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have Sembcorp Industries Limited (SGX: U96), a well-known conglomerate in Singapore. Previously, we featured property giant CapitaLand Limited (SGX: C31).
What’s Sembcorp Industries’ Business About?
Sembcorp Industries has three main business segments: Energy, Marine, and Urban.
Under the Energy business, Sembcorp Industries makes money from developing, owning and operating energy and water assets. Its portfolio includes thermal power plants, renewable wind and solar power assets, and energy-from-waste facilities.
Under the Marine segment, Sembcorp Industries builds rigs and floaters, as well as performing repairs and upgrades of vessels, marine and offshore structures. It also has capabilities in offshore platforms and specialised shipbuilding. Sembcorp Industries prides itself in being a world leader in offshore and marine engineering.
The Marine division offers solutions across