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Sembcorp Industries ( (SG:U96) ) has shared an announcement.
Sembcorp Industries has signed two non-binding Memoranda of Understanding with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park. These initiatives are in line with the bilateral collaboration framework between Singapore and India, particularly focusing on sustainability, and are expected to bolster Sembcorp’s position in the industry while generating significant employment opportunities in Odisha.
More about Sembcorp Industries
Sembcorp Industries operates in the energy and infrastructure industry, focusing on sustainable solutions. Through its subsidiaries, the company is involved in the development of green hydrogen and industrial infrastructure projects, enhancing its market focus on sustainability and innovation.
YTD Price Performance: 0.25%
Average Trading Volume: 5,640
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.24B
See more insights into U96 stock on TipRanks’ Stock Analysis page.
