Rotary Engineering secures $110m worth of contracts from 3 months to September 2011

Mainboard-listed Rotary Engineering says it has won a multi-million contract to undertake construction of the chemical plant, based in Jurong Island

The project, contracted with CCD (Singapore), relates to Taiwan-based Chang Chun Group’s initial investment of $500 million to build a petrochemical plant on Jurong Island.

Rotary had started with a small contract for early works such as temporary facilities, ground preparation and civil works for the chemical plant.

Meanwhile, Rotary says it has won a slew of contracts of varying values that it has amassed over the months of July through September 2011.

Apart from Chang Chun deal, Rotary has managed to rack up about 10 contracts in Singapore. Of note would be a $13 million EPC tankage project undertaken for Samsung C&T Corporation relating to a power plant project by GMR Group, which is a Bangalore-based global infrastructure major with interests in the airports, energy, highways and urban infrastructure.

Rotary’s has also secured a number of maintenance contracts including works for Chevron Singapore amounting to some $3 million over three years; a two-month turnaround maintenance project for US-based energy conglomerate Invista (Singapore) Pte Ltd worth some $3 million; and some work for Germany-based speciality chemical manufacturer Evonik Rohmax Asia-Pacific. Other Singapore wins include a number of electrical and instrumentation contracts.

In Jubail, Saudi Arabia, the group also sealed a contract to erect tankage for Bechtel Corporation at the Ras Az Zawr Aluminium Smelter Project.

But for confidentiality and competitive reasons, the group says it is unable to provide a breakdown of the transactions that involve work across different disciplines, including engineering.