SembCorp Industries will develop a new integrated wastewater treatment plant on Jurong Island’s Tembusu district and has secured its 1st customer in German specialty chemicals firm LANXESS even before the facility is completed in 2Q12. The $40m WWT plant is expected to double SCI’s current WWT capacity on Jurong Island. Utilities business currently contributes about 30-35% to SCI’s net profit, of which Singapore accounts for two-third of the earnings.
Over the long term, S'pore plans to triple its current Newater capacity and increase its desalination output by 10x by 2060 to meet the country's future water needs as well as replace the 2 water agreements with M'sia. Given that SCI has built and is operating the largest Newater plant here, it stands in good stead to bid for some of these desal and Newater projects.
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