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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 />

2<br />

3

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