Sembcorp Industries Ltd. is an investment holding company, which engages in the production and supply of utilities services, terminalling and storage of petroleum products and chemicals. It operates through the following segments: Utilities, Marine, Urban Development, and Others/Corporate. The Utilities segment involves in providing energy, water, on-site logistics, and solid waste management services to industrial and municipal customers. The Marine segment provides integrated solutions for the offshore and marine industry, which include rigs and floaters; repairs and upgrades; offshore platforms; and specialized shipbuilding. The Urban Development segment owns, develops, markets and manages industrial parks as well as business, commercial, and residential space in Asia. The Others/Corporate segment comprises businesses mainly relating to minting, design and construction activities, offshore engineering, and others. The company was founded on May 20, 1998 and is headquartered in Singapore.