SEO Version
SEE HUP SENG LIMITED
Annual Report 2012
1
Corporate Profile
See Hup Seng Limited is a leading provider of corrosion
prevention services in Singapore and strategic value-
added distributor of petroleum-derived products in Asia
Pacific. In addition to providing corrosion prevention (CP)
services to the marine, oil and gas, construction and
infrastructure industries, the Group also operates a refined
petroleum (RP) business that offers comprehensive supply
chain management of refined petroleum products to
diverse end-user industries including vehicular, agriculture,
coating, pharmaceutical, consumer, plastics, construction,
engineering, marine and electronics industries.
Established in 1971, the CP business has successfully
moved up the value chain to command a leading position
in Singapore. Backed by its strong industry track record,
See Hup Seng has gained a strong niche in specialised tank
coating services, and large-scale plant operations that are
supported by a fully-equipped facility. Its proven capability
in corrosion prevention services is underlined by its status
as a resident contractor for premier shipyards in Singapore.
The RP business is driven by its flagship company, TAT
Petroleum Pte Ltd, which has become a key player for
refined petroleum products since its founding in 1983.
Headquartered in Singapore with offices in Hong Kong,
China (Guangzhou), South Korea, Vietnam and Indonesia,
TAT Petroleum distributes quality products from various
major chemicals and petroleum companies. It also offers
comprehensive services that range from blending and
packaging of refined petroleum products into pails, drums or
intermediate bulk containers, to storage and distribution of
these products to customers in the region. Our RP business
is also the master distributor in Singapore of a petroleum-
based waterproofing product that is widely used in the
waterproofing and protection of residential, industrial and
commercial roofs.
To move the RP business up the supply chain, the Group
has plans to build an Integrated Chemical Hub in Singapore
through a 51%-owned joint venture. In addition, See Hup
Seng has made strategic investments in an executive
condominium development project in Singapore, as well
as an offshore drilling company that will own and operate
tender rigs, to build new earnings streams for the future.
See Hup Seng is listed on the Mainboard of SGX-ST. For
further information, please visit the Group’s website at
www.seehupseng.com.sg.
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