Roar - SPC
Roar - SPC
Roar - SPC
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A Quarterly <strong>SPC</strong> Newsletter<br />
Jul - Sep 2011<br />
Another Award in the Bag<br />
By Sharon Tan, Corporate Communications<br />
Editorial<br />
Courtesy of DP Information Group<br />
The Group held its first Dinner and Dance (D&D) this August. A<br />
happy occasion combined with the Long Service Awards, it was a<br />
night of wining and dining, with plenty of fun thrown in between.<br />
Mrs Patsy Wong, one of this year’s Long Service Award recipients,<br />
is <strong>SPC</strong>’s longest-serving employee – with an impressive 40 years of<br />
service. In this issue of <strong>Roar</strong>, we take a look at Mrs Wong’s journey<br />
in <strong>SPC</strong>.<br />
and be aware of the global economic challenges surrounding us<br />
today. From imminent threats like the downgrade of the US credit<br />
rating to the debt crisis in Europe to the fear of a global recession,<br />
it is clear that we are now operating in challenging times. We<br />
must, therefore, continue to motivate ourselves, work together<br />
as one integrated team to overcome any business and economic<br />
challenges, and seize any value-adding opportunities for the Group.<br />
Mr Xia Hongwei, Managing Director of PCSG, receiving the award from Mr Teo Eng Cheong, Chief Executive Officer of IE.<br />
For the first time ever, PetroChina International (Singapore) Pte. Ltd.<br />
(PCSG) received the Fastest Growing 50 (FG50) Award – a distinctive<br />
honour accorded to Singapore’s 50 fastest-growing companies for<br />
2011. Mr Xia Hongwei, the Managing Director of PCSG, was on hand<br />
to receive the award at the ceremony.<br />
Receiving this award shows the industry’s recognition of PCSG’s<br />
efforts of developing and growing the company in Singapore. Since<br />
its inception, PCSG has gradually built up the trading business and<br />
established itself as one of the largest trading houses in the Asia-<br />
Pacific region. Today, the Group has businesses in trading, processing,<br />
marketing and exploration.<br />
The (FG50) Award ranks Singapore’s top 50 companies that have<br />
attained the highest three-year Compounded Annual Growth Rate<br />
(CAGR), and includes all currently ranked Singapore 1000 and SME<br />
1000 companies.<br />
The FG50 Awards ceremony is organised by DP Information Group<br />
(DP Info), with Ernst & Young Solutions LLP; and supported by the<br />
Accounting and Corporate Regulatory Authority (ACRA), Infocomm<br />
Development Authority of Singapore (IDA), International Enterprise<br />
Singapore (IE), SPRING Singapore (SPRING), the Singapore Business<br />
Federation (SBF) and The Business Times.<br />
As we express our appreciation to those who have served with the<br />
company for more than five years, we would also like to welcome<br />
our newcomers. Besides learning about the company through the<br />
sharing sessions by the various departments, the new members<br />
of the <strong>SPC</strong> family also visited Jurong Bulk Plant, Pulau Sebarok<br />
Terminal (PST) and a service station.<br />
Our cover story in this issue sheds some light on what goes on<br />
behind the scenes at PST. While many of our colleagues have some<br />
common knowledge on PST’s operations, we take this opportunity<br />
to share the painstaking tasks that our colleagues stationed at PST<br />
undertake daily.<br />
As mentioned during the D&D, the Group has had a good financial<br />
performance to date. However, it is important for us to also reflect<br />
I am confident that together with our dedication, commitment<br />
and hard work, we will be able to ride through all these difficulties<br />
together and achieve greater performance for our company.<br />
Foo Jang See<br />
Senior Vice President,<br />
Refining, Crude Supply Trading & Operations<br />
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