Wednesday, July 17, 2013

<<Adv>> "Corporate Gifts Promotion!" Monthly Newsletter

July 2013 Promotion

"Discover how our quality products and services will  solve ALL your sourcing needs for corporate gifts!"

 


 

Have a marketing campaign or event upcoming?

Reward your valued clients, business partners and employees by giving them something they will appreciate, while reminding them of your brand everyday!

This month we are having a promotion across our range of USB Flash Drives(1GB to 64GB capacity).

Drop us an e-mail for a customized quote and take advantage of this promotion today! 

 

Eco-friendly "Green" Series

 

Leather Series

 

Multi-purpose Series

Looking for other gift ideas?

Simply click on this link to view more of our products, or let us know what particular item you have in mind and we will get back to you as soon as possible with a quote.

 

For enquiries, contact us at: 

ResurgenceGifts@ResurgenceGifts.com

www.ResurgenceGifts.com

or call us at 65273618

 
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Sunday, July 14, 2013

SINGAPORE: KrisEnergy aims to raise S$270.8 million from listing to develop upstream assets

(EnergyAsia, July 15 2013, Monday) — The team that launched Singapore's most successful oil company in 2005 is back again to try raise S$270.8 million through a public listing. (US$1=S$1.28).

KrisEnergy Ltd will offer nearly 152 million shares at S$1.10 each, with 132.1 million shares marked for institutional and other sophisticated investors, and the remaining 19.9 million for public subscription. An additional 94.16 million shares has been placed with six cornerstone investors comprising Capital Guardian Trust Company, Capital International Inc, Capital International Ltd, Palang Sophon Offshore, Capital International Sarl and Keppel Corporation subsidiary Devan International.

Of the proceeds raised from the IPO, the four-year-old company said it plans to use S$76.6 million for acquisitions, S$142.2 million for capital expenditures, including the exploration, appraisal and development of existing assets and S$37.8 million for general working capital.

Describing itself as an independent upstream company focused on exploring, developing and producing oil and gas in Asia, KrisEnergy said it has built a portfolio of 14 contract areas in Indonesia, Thailand, Vietnam and Cambodia spanning the entire exploration-to-production life cycle.

Early this year, the company became a stakeholder and operator of G6/48 in the Gulf of Thailand, as well as acquired Tullow Bangladesh Ltd and its 30% working interest in and operatorship of Block 9 that holds an onshore producing gas field in Bangladesh. Both transactions are awaiting host government approvals and upon completion, the current asset portfolio will encompass 16 contract areas, of which the company will operate eight, in five countries.
Keith Cameron, KrisEnergy's CEO, said:

"We have spent the last few years successfully building our asset base and moving our discoveries up the development and value pipeline. The injection of new capital will allow us to continue pursuing our focused strategy of discovering hidden value in significant assets to bring oil and gas to market. We are committed to achieving sustainable growth and delivering value to all of our shareholders."

Mr Cameron along with business development director Richard Lorentz and exploration and production director Chris Gibson-Robinson were involved in Pearl Energy when it was listed on the Singapore Exchange in 2005 and acquired by the UAE's Aabar Petroleum Investments Company in 2006.

 


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Friday, July 12, 2013

SINGAPORE: Sinopec says company’s first lubricants plant outside China is key to global expansion

(EnergyAsia, July 12 2013, Friday) — Two years after it began construction, Sinopec, China's largest integrated energy and chemical group, has started up a large lubricants plant in Singapore, the first outside its home base, as it prepares for global expansion.

Located on a 242,811-sq m site in Tuas on the southwestern tip of the island, the plant has an initial annual capacity to produce 80,000 tonnes of lubricants and 20,000 tonnes of grease. The facility will also operate as Sinopec's regional services and logistics hub to better serve the needs of its customers in Southeast Asia, Australia and New Zealand as well as spearhead the company's expansion into the global lubricants market.

The plant was opened on July 11 Thursday by Pei Wenjun, general manager for Sinopec Lubricant (Singapore) Pte Ltd, at a ceremony attended by customers, employees and officials representing the Singapore government and the Chinese embassy in Singapore.

According to Mr Pei, the new plant will use one of the world's leading lubricant production equipment and processing technology, 90% of which are proprietary to Sinopec.

The plant forms part of Sinopec's growth strategy as it develops inhouse capabilities to make low-carbon high-value products for the world markets. The strategy calls for the company to focus on first developing markets in the Asia Pacific region, to be followed by building a chain of lubricant plants around the world and establishing a strong international sales network.

"The Sinopec Lubricant brand has become the face that most people in the energy market would associate companies under the Sinopec group with. So we are using this brand to spearhead the establishment of the Sinopec name internationally," said Mr Pei.

"The completion of the Singapore plant will further increase our visibility and influence around the world, besides helping to greatly enhance the international competitiveness of other Chinese lubricant brands in general."

As an example, it cites the rapid growth of subsidiary brand Sinopec Great Wall Lubricant in over 50 countries through the efforts of representative offices in the Middle East, Latin America, Australia, Africa and Southeast Asia.

General Manager Song Yun Chang said:

"As China's leading lubricant brand, Sinopec Great Wall Lubricant has set its sights beyond China. The completion and operation of the Singapore facility will allow Sinopec to build its international experience and credibility.

"To meet the increasing global demand for Chinese lubricant products, Sinopec will look towards investing and building more factories, undertake mergers and acquisitions and sub-contracting to establish its supply chain and service network.

"Our ultimate goal is for Sinopec is to establish an integrated business model for investment, production sales and management of our lubricant business, while striving to establish ourselves in the global lubricant sector."

In welcoming the plant's start-up, Yeoh Keat Chuan, managing director of the Singapore Economic Development Board, said it will add to the strength of the energy and chemicals sector, which accounted for 34% of the country's manufacturing output of more than S$100 billion in 2012.

"Lubricants companies are leveraging Singapore as a base to tap on growth opportunities in Asia. The Asia-Pacific region is the largest and fastest growing lubricants market, accounting for almost 42% of the global lubricants market in 2012. This region is expected to register the highest growth worldwide, to reach 17 million tons of lubricants consumed by 2017," he said.

"The lubricants industry also strengthens integration across the refining and marketing value chain. We have a strong lubricants ecosystem in Singapore, with top lubricants additives companies such as Chevron Oronite and Afton, and lubricants blending players such as Shell and Total being based here to serve the growing demand for lubricants in the Asia Pacific.

"Lubricants blenders in Singapore have the option of purchasing base oils, a key component of finished lubricants, from the local refineries and lubricant additives from Singapore-based manufacturers."

Png Cheong Boon, CEO of JTC Corp, Singapore's main industrial land developer and landlord, said the Sinopec plant is contributing to the start-up of a new cluster of energy and chemicals manufacturing plants in the Tuas South region to complement the existing well-developed hub on Jurong Island.

"JTC worked closely with Sinopec and other companies to plan and develop critical shared infrastructure, such as common jetty and pipeline corridor. These common infrastructure help companies to reduce their capital investments and operating expenses, and enable Singapore to optimise its limited waterfront land," he said.

Sinopec produces a wide range of lubricants including internal combustion engine oil, gear oil, hydraulic oil, grease, turbine oil, electrical insulating oil and compressor oil for use in most industries including power generation, automobile, machinery, metal works, mining, construction, shipping and oil and gas.

 


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DISCLAIMER: This e-mail is private and confidential. If you are not the intended recipient, please do not read, copy or use it, and do not disclose it to others. Please notify the sender of the delivery error by replying to this message before deleting it from your system immediately.
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Tuesday, July 9, 2013

"Corporate Gifts Promotion!" Monthly Newsletter

July 2013 Promotion

"Discover how our quality products and services will  solve ALL your sourcing needs for corporate gifts!"

 


 

Have a marketing campaign or event upcoming?

Reward your valued clients, business partners and employees by giving them something they will appreciate, while reminding them of your brand everyday!

This month we are having a promotion across our range of USB Flash Drives(1GB to 64GB capacity).

Drop us an e-mail for a customized quote and take advantage of this promotion today! 

 

Eco-friendly "Green" Series

 

Leather Series

 

Multi-purpose Series

Looking for other gift ideas?

Simply click on this link to view more of our products, or let us know what particular item you have in mind and we will get back to you as soon as possible with a quote.

 

For enquiries, contact us at: 

ResurgenceGifts@ResurgenceGifts.com

www.ResurgenceGifts.com

or call us at 65273618

 
Unsubscribe me from this mailing list

Monday, July 1, 2013

SINGAPORE: Vopak chairman thanks customers, partner and local employees in speech on 30th anniversary celebration

(EnergyAsia, July 2 2013, Tuesday) — The following is an edited version of a speech by Royal Vopak chairman and CEO, Eelco Hoekstra, on the occasion of its Singapore subsidiary's 30th anniversary celebration last week.

"In 1980, what started as an idea to predict future opportunities towards the next decade, materialised into the founding of Vopak in Singapore. The brainchild of the forward thinking Carel van den Driest – previous Chairman of Van Ommeren – Sebarok terminal, commissioned in 1983, became Vopak's first terminal in Asia and the first third-party oil storage facility in Singapore.

Singapore's prime location at the crossroads of Asia, its free market economy, transparency, visionary master-planning and openness to foreign investments provided the ideal foundation for a synergistic relationship between Singapore and Vopak (then Van Ommeren).

This is evident in our growth story – from one terminal to four terminals with total capacity at over three million cubic meters spread across western Singapore, in what is now one of the world's major energy hubs. Today, we continue to seek avenues for growth, with the latest addition being the 100,000 cbm industrial storage in Banyan, which was recently commissioned.

Thirty years on, Singapore and Vopak have created a 'pearl' of a partnership. One solidified by the ongoing support and commitment of our customers, the Singapore government, our partners, contractors and notably, our dedicated employees.

Singapore for many of my colleagues, their families and for me has been a special experience. Personally, when appointed CEO three years ago, I left heavy heartedly – as of the places we have lived as a family, Singapore felt most like home, and is in fact considered our second home.

For Vopak, Singapore will continue to be our strong regional base – amongst our other regional hubs in Rotterdam, Houston and Fujairah – and also the "launch pad" for our expansions in Asia. We are optimistic that Vopak Terminals Singapore (VTS) will continue to serve as a model and the nucleus for our future growth in the Asia region.

With Asia being the driving engine for global growth, energy demand will continue to rise. Singapore is well positioned to capitalise on the opportunities presented by this growth in energy demand.

Vopak remains confident of the energy and chemicals sector in Singapore.

Today's celebration would not be possible without the people who have journeyed with us over the last 30 years.

First to our partner, PSA International, and its then Deputy General Goon Kok Loon who was instrumental in making VTS a reality We appreciate your enduring support over the last 30 years and very much look forward to continuing our partner collaboration with you.

To our customers, you are the reason we are here today. Your loyalty over the past decades has not gone unnoticed. Thank you for the past 30 years, we look forward to continuing on our journey of delivering excellent service in a safe manner with you.

 


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DISCLAIMER: This e-mail is private and confidential. If you are not the intended recipient, please do not read, copy or use it, and do not disclose it to others. Please notify the sender of the delivery error by replying to this message before deleting it from your system immediately.
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