Techenomics International has expanded its global presence through establishment of a subsidiary in Singapore to support industry and mining in the growing South East Asian region.
Singapore is a commercial and industrial hub for Malaysia, Thailand, Cambodia, Vietnam, Myanmar, Laos and the Philippines, and Techenomics Singapore Pte Ltd aims to support the emerging mining, manufacturing, construction and transport sectors by providing innovative, industry-leading fluid management and condition monitoring services.
It will also serve established industries operating out of Singapore. The new company has been incorporated in Singapore, wholly-owned by Techenomics International. It adds to the company’s operations in Indonesia, Australia and Mongolia as well as its presence in Thailand, Turkey and East Africa.
Director for the new subsidiary is Wendy Shen, who has thorough knowledge of how Singapore works. Wendy’s previous roles have given her experience in industry, mining and corporate life while digital skills means she is at home in the evolving digital world.
The subsidiary’s corporate consultant is Stacey Varsani who has extensive international experience in corporate development, operations management, key account management, business re-engineering, financial analysis and strategic planning in the UK and South East Asia.
Techenomics’ CEO Chris Adsett says the new subsidiary has been established to give the company a base for operating throughout South East Asia, apart from Indonesia, which is a large, separate market served by the company’s Indonesian business PT Tekenomiks Indonesia with its team of experts and network of fully equipped, accredited laboratories.
“Singapore represents a natural growth progression for Techenomics owing to its central location, its development as a commercial hub and its importance as a trade and industry centre. It is stable, has a quality workforce and is a solid, well-respected business hub.
“It is also host to the Far East operations of many European or North American based industrial companies which can benefit from Techenomics’ expertise in analysing oil and fluids as well as supplying lubricants and additives which boost the performance of oils and fluids,” he says.
Techenomics’ innovative, independent fluid management and condition monitoring services enable operators of vehicles, plant, equipment and hydraulic components to predict maintenance issues before they arise, thereby reducing time and costs of repairs, and enhancing productivity.
Chris Adsett says, “Techenomics Singapore will be capable of providing all fluid management services and products that Techenomics offers throughout its network.
“We believe the new subsidiary will give us a strong future base in one of the fastest growing areas of the world and broaden our base from a strong reliance on mining to a broader industrial base.
“It is an exciting new step and shows our confidence in our capabilities to continue to provide innovative solutions to a broad section of the industrial world,” Chris Adsett says.