Sembcorp Industries (SG:U96) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Sembcorp Industries and PT PLN Energi Primer Indonesia have signed a joint development agreement to establish Southeast Asia’s largest green hydrogen project in Sumatra, Indonesia. This initiative aims to create a green hydrogen hub connecting Sumatra, the Riau Islands, and Singapore, marking a significant step towards sustainable energy in the region. The project is currently moving into detailed engineering and commercial structuring, following a successful feasibility study.
For further insights into SG:U96 stock, check out TipRanks’ Stock Analysis page.