Aster Group announced the launch of Aster Engineering Services Pte Ltd, signalling a strategic expansion to become an integrated service provider of multidisciplinary engineering and plant maintenance services to the oil and gas, petrochemical and oil and chemical terminal industries in Singapore and the region.

Aster Engineering Services will provide engineering, procurement and construction or construction management services for a plant or terminal. The formation of this new business will support Aster’s integrated refinery operations on Bukom Island and downstream chemical assets on Jurong Island. It will also enable Aster to offer comprehensive, end-to-end solutions across interconnected industries.

As part of the launch of this expansion, Aster’s parent company, Chandra Asri has acquired an 11.9% equity stake in Hiap Seng Industries Limited, a renowned Singaporean engineering solutions provider with a seven-decade legacy in mechanical engineering, plant fabrication, construction, and maintenance for energy and process industries. Aster Engineering Services will explore potential opportunities to partner with Hiap Seng on technical expertise, capacity, and augment its reach to deliver even greater value.