Sembcorp Industries Ltd (SCRPF)

Overview

Sembcorp Industries Ltd, established in 1998 and headquartered in Singapore, operates as a dynamic investment holding entity with a robust international presence spanning Singapore, the United Kingdom, China, India, various parts of Asia, the Middle East, and beyond. The company's operations are diversified across five main segments: Gas and Related Services, Renewables, Integrated Urban Solutions, Decarbonisation Solutions, and Other Businesses and Corporate. Originally known as Minaret Limited, the company rebranded to Sembcorp Industries Ltd in July 1998, illustrating its evolution over time. With a focus on the provision and supply of utilities services, alongside the terminalling and storage of petroleum products and chemicals, Sembcorp Industries stands at the forefront of supporting urban development, renewable energy adoption, and innovative decarbonisation solutions on a global scale.

Products and Services

• Gas and Related Services: This segment is dedicated to the sale of various energy molecules such as natural gas, steam, and electricity derived from multiple fossil fuels, including natural gas. It also encompasses the production and distribution of water products from the company’s integrated assets, adding a vital component to Sembcorp's diverse energy solutions portfolio.
• Renewables: Under the renewables banner, Sembcorp is engaged in generating electricity from solar and wind resources. This segment is not limited to power generation alone but extends to include energy storage solutions and system services that facilitate the seamless integration of renewable sources into the energy grid. Additionally, it involves the development, installation, operation, and maintenance of solar, wind, and energy storage assets, marking Sembcorp’s commitment to sustainable and renewable energy solutions.
• Integrated Urban Solutions: This segment focuses on the development of large-scale integrated urban and township projects. These projects include industrial parks, business and commercial spaces, residential areas, and the provision of essential utilities like water and industrial wastewater treatment, solid waste management, and waste-to-resource solutions. Through these comprehensive urban solutions, Sembcorp navigates the complexities of modern urban development while fostering sustainable living environments.
• Decarbonisation Solutions: In alignment with global efforts to curb carbon emissions, this sector of Sembcorp's business is concentrated on trading energy attribute certificates, green hydrogen and ammonia, power imports, and engaging in carbon capture, utilization, and storage (CCUS). These activities reflect the company's proactive stance on environmental responsibility and its role in the transition towards a low-carbon economy.
• Other Engagements: Beyond its primary operations, Sembcorp also partakes in construction and engineering-related activities, along with offering insurance and financial services. This diversification allows Sembcorp to leverage opportunities across different sectors and provide a rounded portfolio of services to its clients.