Singapore: Sembcorp divests 60% stake in SembAP, sells Jurong Island plant

Singapore: Sembcorp divests 60% stake in SembAP, sells Jurong Island plant

Visual of Sembcorp homepage. November 2015

Sembcorp Utilities, a direct and wholly-owned subsidiary of Sembcorp Industries, has completed the divestment of its 60 per cent stake in Sembcorp Air Products (SembAP) to Eastman Chemical Singapore (Eastman) for a consideration of S$4 million ($2.8 million).

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