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Order backlog for this engineering company is rising once again

Samantha Chiew
Samantha Chiew6/19/2017 12:56 PM GMT+08  • 3 min read
Order backlog for this engineering company is rising once again
SINGAPORE (June 19): CIMB likes Rotary Engineering, the integrated engineering design, procurement, construction and maintenance (EPCM) company.
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SINGAPORE (June 19): CIMB likes Rotary Engineering, the integrated engineering design, procurement, construction and maintenance (EPCM) company.

In an unrated report on Monday, CIMB says things are looking up for Rotary Engineering.

In April, the company announced it had won three engineering, procurement and construction (EPC) contracts, comprising about US$120 million ($165.8 million) worth of tank storage projects in Dubai and Thailand, as well as $140 million worth of tank terminals projects in Jurong Port, Singapore.

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