SembCorp Industries Annual Report 2005

SembCorp Industries has total assets exceeding S$7 billion and employs about 12,300 staff, excluding contract staff. Listed on the main board of the Singapore Exchange, SembCorp Industries is a component stock of the Straits Times Index and several MSCI indices.

We

-	are the first commercial importer and retailer of natural gas in Singapore and a pioneer in the concept of integrated multi-utility facilities, offering industrial customers with utilities such as energy, steam, industrial water and wastewater treatment in Singapore, United Kingdom, China and other parts of the world;

-	own the largest marine engineering facilities east of the Suez Canal, capable of rig building, integrated ship repair, shipbuilding, ship conversion, offshore oil and gas engineering solutions;

-	offer comprehensive supply chain management solutions, backed by an extensive and technologically advanced logistics network;

-	operate Asia’s premier environmental services company and

-	are a global leader in the provision of process engineering solutions to the petrochemical industry.

Line of business	Entity	Main divisions, subsidiaries, associate companies and joint ventures	Equity held by entity (%)	Location

Integrated Utilities & Energy	SembCorp Utilities Pte Ltd	SembCorp Propylene Purification Unit	100	Singapore
		Sakra Island Carbon Dioxide	30	Singapore
		SembCorp Air Products (HYCO)	60	Singapore
		SembCorp Gas	70	Singapore
		SembCorp Cogen	100	Singapore
		SembCorp Power	100	Singapore
		SUT Division (formerly SUT Sakra and SUT Seraya)	100	Singapore
		SembCorp Utilities UK	100	UK
		Nanjing SembCorp SUIWU	75	China
		NCIP SembCorp Water	70	China
		NCIP SembCorp Utilities	34.5	China
		SembCorp Utilities Investment Management (Shanghai)	100	China
		Shanghai Caojing Cogeneration	30	China
		Qianan SembCorp Cogeneration	65	China
		ZhangJiaGang SembCorp Water	80	China
		Phu My 3 BOT Power	33.3	Vietnam

Offshore Engineering		SMOE	100	Singapore
		Shenzhen Chiwan Sembawang Engineering	32	China
		PT SMOE Indonesia	90	Indonesia

Marine Engineering	SembCorp Marine Ltd	Jurong Shipyard	100	Singapore
		Jurong SML	100	Singapore
		PPL Shipyard	85	Singapore
		Sembawang Shipyard	100	Singapore
		Cosco Shipyard Group	30	China
		Mauá Jurong	35	Brazil
		PT Karimun Sembawang Shipyard	100	Indonesia

Logistics	SembCorp Logistics Ltd	Singapore Offshore Petroleum Services	100	Singapore
		ST-Airport Services	67	Singapore
		SembCorp Logistics (Australia)	76	Australia
		Shenzhen ST-Anda Logistics	51	China
		SembCorp Logistics (India)	100	India
		Footwork Express	38.4	Japan
		SembCorp Kukbo Logistics	51	South Korea
		SembCorp Logistics (Taiwan)	51	Taiwan
		KPN-ST Logistics	46	Thailand
		SembCorp Logistics (Malaysia)	100	Malaysia
		SembCorp-SGN Logistics Vietnam	60	Vietnam
		SembLog-MacroAsia Philippines	51	Philippines
		PT SembLog Indonesia	51	Indonesia

Environmental Engineering	SembCorp Environmental Management Pte Ltd	SembEnviro Tay Paper	60	Singapore
		SembWaste	100	Singapore
		SembWaste Cleantech	100	Singapore
		SembVisy Recycling MRF	60	Singapore
		SembSITA Pacific¹	40	Singapore
		Shanghai SEI SembCorp-Enviro Solution	40	China
		Shanghai SembEnviro Reliance	60	China
		Shanghai SembTay XiangHong Recycling	60	China
		SembRamky Environmental Management	51	India

Engineering & Construction	SembCorp Engineers and Constructors Pte Ltd	SembCorp Simon-Carves	100	UK
		PT Sempec Indonesia	100	Indonesia
		SembCorp Infrastructure (India)	100	India
		SembCorp (Tianjin) Construction Engineering	70	China
		SembCorp Engineers and Constructors Middle East	100	UAE
		SYNA Petrochemical Engineering	49	Iran

1 SembSITA Pacific holds a 60% stake in SembSITA Australia. * for full listing please refer to Financial Notes.