International fuel testing and inspection company VPS, which includes transformer insulating oil testing services in its portfolio, on Thursday (10 June) announced the acquisition of Singapore-based transformer oil sampling and testing company PGI Industries Pte Ltd.
The acquisition is an integral part of VPS’s forward-thinking strategy to better support the power and electricity supply industries in a more sustainable way, explains VPS.
It also expands on VPS’ existing VPS Transoil EU footprint into South East Asia in order to strengthen the company’s global offering.
“The acquisition of PGI Industries will enhance VPS’ preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,” says Malcolm Cooper, CEO, VPS.
PGI Industries has been providing transformer oil testing services to its South East Asian customers since 1994 from its Accredited Laboratory in Singapore.
“Incorporating PGI Industries valued quality services to the VPS portfolio creates an incredible opportunity to grow and service a larger customer pool in South East Asia,” believes Koh Gek King, CEO, PGI Industries Pte Ltd.
To find out more about this valuable acquisition, VPS’s proactive approach to sustainability and how this unique value offering could benefit you, email Steve Bee, Group Commercial Director, at steve.bee@vpsveritas.com
Photo credit: VPS
Published: 10 June, 2021
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.