SINGAPORE:
• One noteworthy project involves early works, including temporary facilities, ground preparation and civil works, for CCD (Singapore) Pte Ltd. This relate sto Taiwan-based Chang Chun Group’s initial investment of S$500 million to build a petrochemical plant on Jurong Island. According to media reports, the company wants to capture the thriving demand for downstream products; specifically, the new plant in Singapore will source ethylene and propylene from Shell Eastern Petroleum.

• Another includes the construction of three tanks – two fuel tanks and a water tank – for Alstom Power Singapore Pte Ltd, also on Jurong Island.

• Some other Singapore-based projects that Rotary has recently secured include a contract for mechanical works for an oil major as well as maintenance work from Germany-based speciality chemical manufacturer Evonik Rohmax Asia-Pacific Pte Ltd and United States-based energy conglomerate Invista (Singapore) Pte Ltd.

THAILAND:
The Group’s recent significant regional wins were from Thailand, including:

• A construction contract for piping at Map Ta Phut Industrial Port, Rayong, for Thai Tank Terminal Limited;
• Two EPC contracts to build 9 storage tanks with a total storage capacity of 200,000 m3 at Sriracha, Chonburi, for Thai Oil Public Company Limited

Rotary is executing its two EPC contracts in the Middle East: a US$745 million EPC contract from Saudi Aramco Total Refining and Petrochemical Company (SATORP) in Saudi Arabia, and a US$250 million contract for Fujairah Oil Terminal in the United Arab Emirates means that the bulk of its resources are deployed there. However, said Rotary’s Chairman and Managing Director MrChia Kim Piow, the Group continues to be vigilant in its pursuit for new andinteresting projects.

“We are still very busy prospecting for new business here in Singapore, in the region and further afield. There are opportunities and we continue to field many enquiries. The challenge is to ensure that we select the right deals. Our reputation and standing as a quality EPC contractor holds us in good stead as we continue to extend our footprint.” Rotary had said earlier that it was open to take equity stakes in oil terminals and other potentially viable projects.

Mr Chia added that there are opportunities in Singapore although they are not as numerous as before. “We are definitely keen to continue to play a part in the development of Singapore’s oil & gas industry and infrastructure. However, our position has always been to go where the clients operate, whether this is in Singapore or perhaps, in Asia, Europe or the Middle East. Our global work force is versatile and mobile, and our management team is experienced and practiced in assessing and accessing the right opportunities in various markets.”