Company Background
A local player since 1982, PEC is a plant and terminal engineering specialist with a footprint in nine countries. It is the largest single-source maintenance service provider in Singapore. Through its core businesses, PW (55% of FY20 revenue) and MS (44%), PEC caters to downstream customers in four main sectors: oil & gas, petrochemical, oil & chemical terminals and pharmaceutical in Southeast Asia and the Middle East
Highlights
Revenue
PEC offers services* at every stage of the plant and terminal construction and maintenance value chain. PW and MS are its core businesses. Singapore is PEC’s largest market in both businesses, at 39% of PW revenue and 58% of MS revenue in FY20. 1. PW. Project-based. Comprises engineering, procurement & construction (EPC), EPC project management, engineering and project management consultancy services. 2. MS. Recurring. Comprises plant turnaround and upgrading, maintenance of plant equipment and single-source maintenance services for production plants. |