A boost for SMEs
JURONG Island is not just about the big MNCs. The chemicals hub there has also helped to lift the capabilities of Singapore small and medium enterprises (SMEs) such as Tiong Woon, Rotary Engineering, HSL Constructor, Hiap Seng and Hai Leck.
When Jurong Aromatics Corporation was building its S$2.9 billion petrochemicals complex, the job of transporting a giant column - weighing nearly 1,150 tonnes and over 100 metres tall - from the jetty to the site over a distance of 9 km went to Tiong Woon, a listed firm that provides services to the oil & gas, petrochemicals, infrastructure and construction sectors.
Besides designing and building a temporary jetty, Tiong Woon also had to remove 300 trees along the roads to make way for the xylene splitter column, the third largest in the world, before replanting them again.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard
Gold trades in tight range as market focuses on US economic data
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish