2006 – Present
Growth, Expansion, and Take Off
The company achieved its next milestone in 2006 when it secured its largest contract to date worth $535 million for the EPC of Universal Terminal in Jurong Island. That same year, the company won the award for being the most transparent company at the SIAS Investors Choice Awards 2006 and would continue to do so until 2011.
In 2006, as part of Rotary’s efforts to extend its reach to the Middle East, the formation of two joint venture companies; Rotary Arabia Co. Ltd and Petrol Steel Co. Ltd were established in Saudi Arabia. With its fast increasing global outreach, Rotary saw the need to boost its human capital. The innovative Global Work Force scheme was launched with the opening of an Overseas Training and Test Centre in collaboration with Dalian Jiaotong University in China.
In 2009, Rotary signed its largest EPC contract worth US$750 million for SATORP JERP package 6. For the company’s achievements, Chia Kim Piow was awarded the CEO of the year in 2009 at the Singapore Corporate Awards and Businessman of the year in 2011 at the Singapore Business Awards.
2013 saw the completion of the SATORP JERP Package 6 project in Jubail, Saudi Arabia. Since establishing presence back in 2006, Rotary’s portfolio in the Middle East has continued to expand: work is currently well underway for a US$250 million Fujairah Oil Terminal project in the United Arab Emirates. The company has also continued to strengthen its presence in Singapore, clinching and executing a number of EPC projects – an 800,000 cubic metre storage facility at Pulau Busing, a shared lubricant storage facility and lubricant oil blending plant at Tuas South, Singapore.
Rotary continues to look forward to deliver with excellence in the years to come.