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.

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.
EMA and JTC launch $6 mil open call for clean energy solutions on Jurong Island - THE EDGE SINGAPORE

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.

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
Vibrant Group to sell and lease back Jurong Island facility in $227.5 mil deal

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.

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.

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.

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.

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).

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
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