CSC Holdings and SgEF Sign MoU to Strengthen Commitment to
Green Singapore
2010-09-14 07:00
SINGAPORE, Sept. 14
/PRNewswire-Asia/ -- SINGAPORE, Sept. 14 /PRNewswire-Asia/ -- CSC
Holdings Limited (CSC), Singapore's largest foundation and
geotechnical engineering specialist, and Singapore Emulsion Fuel
Pte Ltd (SgEF), producer and supplier of environment-friendly Super
Green E-Diesel, are taking concrete steps to support Singapore's
vision of becoming a Sustainable City. In conjunction with the
opening of Build Eco Xpo (BEX Asia) 2010 at the Sands Expo and
Convention Centre, CSC and SgEF have signed a Memorandum of
Understanding that will allow CSC to use SgEF's E-Diesel at all its
work sites in lieu of fossil diesel.
"Our partnership with SgEF
reinforces our commitment to the green building movement. We aim to
gradually switch to the use of environment friendly fuel in order
to reduce our carbon footprint and contribute to the greening of
the building lifecycle," says Mr See Yen Tarn, Group CEO of CSC
Holdings.
Following the MoU signing, SgEF will
start supplying up to 5,000 litres of Super Green E-Diesel daily to
CSC Holdings project sites to power its fleet of foundation
engineering equipment including hydraulic boring rigs, diaphragm
wall grabs and cutters, cranes, excavators and other supporting
machineries. The monthly supply will then be increased gradually
based on the market price, the project site and project size.
If all goes well, SgEF's Super Green
E-Diesel may meet as much as 30 percent of CSC's fuel requirements
over the next few years.
Commenting on the partnership, Mr
Jeremy Ng, CEO of SgEF says: "Our collaboration with CSC Holdings
underpins our commitment to address climate change through the
production and use of groundbreaking green energy solutions. We are
pleased to work with them and look forward to a long and successful
collaboration."
"The pricing, as well as the
customized mode of transport and delivery, support our intention to
become a long-term partner of CSC Holdings," Mr Ng added.
With over three decades of
experience in the market and a very seasoned management team, CSC
possesses the technical expertise to offer a full range of
capabilities in geotechnical engineering. It is one of the region's
leading ground engineering solutions provider for the private and
public sector, residential, commercial and infrastructure
projects.
Recognised as a clean energy and
green building prime mover by the National Environment Agency (NEA)
and the Building and Construction Authority, SgEF is focused on the
development and production of breakthrough emulsion diesel and
alternative biofuels. Its vision is to be the world's leading
global supplier for emulsion fuel and alternative biofuels.
In February 2010, SgEF opened Asia's
first clear nano-emulsion diesel plant and launched Super Green
E-Diesel for the building and construction industry.
"Since the launch of SgEF and our
flagship product Super Green E-Diesel, we have seen a significant
increase in the market's interest for emulsion diesel as a
sustainable alternative to fossil diesel. We expect more customers
here in Singapore and overseas to shift to green energy," says Mr
Ng.
With better R&D and the opening
of the production facility, SgEF is targeting to ramp up its
current daily production of 30,000 litres to 100,000 litres over
the next year and then to a maximum daily capacity of 300,000
litres.
Apart from catering to the Singapore
market, SgEF plans to expand regionally. It has set up a venture in
Malaysia with Pamuri Holding Sdn Bhd called Pamuri Green, and will
soon name its business partners in Indonesia and Vietnam.
About CSC Holdings
Limited
CSC Holdings Limited (SGX: C06) is
Singapore's largest foundation and geotechnical engineering
specialist, and one of the region's leading ground engineering
solutions provider for private and public sector works which
include residential, commercial, industrial and infrastructure
projects.
The Group operates principally as
foundation and geotechnical specialists and offers a full range of
capabilities in this field, including the construction and
installation of large diameter bored piles, diaphragm walls, driven
piles, jack-in piles, micro piles, soil improvement works, soil
investigation and instrumentation services, as well as automatic
tunnel and structural monitoring survey. For more information,
visit:http://www.cschl.com.sg
About Singapore Emulsion
Fuel
Singapore Emulsion Fuel Pte Ltd is a
Singapore-based technology company that was incorporated in
December 2006 to address global dependence on fossil fuels. It
focuses on the development and production of breakthrough emulsion
diesel and alternative biofuels. An investee company of SPRING
SEEDS Capital, SgEF is also supported by the National Environment
Agency (NEA) and the Building and Construction Agency (BCA) in
Singapore. For more information, visit: http://www.sgef.com.sg
Press Contact:
Donna Garcia
Rice Communications for SgEF
Tel: +65-9734-8808
Email: [email protected]
SOURCE CSC Holdings Limited;
Singapore Emulsion Fuel Pte Ltd