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Jurong Island
Corporate moves
Keppel announces $750 mil plan to develop Singapore’s first hydrogen-ready power plant
Construction to be undertaken by Mitsubishi Power and Jurong Engineering and is expected to be completed in 1H2026.
August 30, 2022
Contracts
Sembcorp Industries appointed by Energy Market Authority to build energy storage systems on Jurong Island
The project is expected to be completed by the end of the year.
June 15, 2022
Sustainability
EMA and JTC launch $6 mil open call for clean energy solutions on Jurong Island
Funds will be used to support prototyping and demonstration of their solutions on Jurong Island over the next two years.
October 25, 2021
Contracts
Keppel Infrastructure-led consortium secures $52.5 mil Jurong Island pipelines project
SINGAPORE (Apr 16): Keppel Infrastructure’s wholly-owned subsidiary, Pipenet, as a lead consortium partner together with Asia Projects Engineering, has secured a $52.5 million contract to design and build two 48in crude oil pipelines and ancillary facil
April 16, 2019
Property
Vibrant Group to sell and lease back Jurong Island facility in $227.5 mil deal
SINGAPORE (Feb 13): Vibrant Group’s 51%-owned subsidiary, LTH Logistics, has entered into a conditional put and call option agreement to sell its logistics and warehousing facility at Jurong Island for $227.5 million to SGRE Banyan Pte. Ltd.
February 13, 2019
Contracts
Keppel subsidiary wins $40 mil pipe rack project from JTC Corp
SINGAPORE (Jan 14): Pipenet, a wholly-owned subsidiary of Keppel Infrastructure Holdings, has secured a $40 million contract from JTC Corporation to design, build and operate pipe racks on Jurong Island.
January 14, 2019
M&A
Hai Leck's new Jurong Island project to boost FY18 order book by $28 mil
SINGAPORE (Oct 16): Hai Leck Holdings says it has been awarded a new project by an existing customer in Jurong Island.
October 16, 2017
TTJ announces $166 mil order book on new contract wins
SINGAPORE (May 22): TTJ Holdings has announced an order book of $166 million as of today.
May 22, 2017
Bertschi expands operations on Jurong Island’s Chemical Cluster
SINGAPORE (Jan 3): Bertschi AG has broken ground on the second phase of development of its Bertschi Jurong Island Chemical Cluster (JICC).
January 03, 2017
Broker's Calls
An uphill battle awaits Sembcorp in India
SINGAPORE (Aug 3): CIMB is downgrading its “add” call on Sembcorp Industries to “hold” and lowering its target price for the utilities and marine company to $2.66 from $3.10 previously
August 03, 2016