What Sing Swee Bee Group does

Sing Swee Bee Group is a Singapore-based, privately held industrial gas and cryogenic solutions provider founded in 1978 by Mr Peh Lam Hoh. The group operates through four principal business units: Sing Swee Bee Enterprise (industrial gas cylinder, valve, refrigerant, CNG, and specialty/rare gas trading across Asia Pacific), SSB Cryogenic Equipment (the largest T75 ISO tank lessor in Southeast Asia, supplying cryogenic and hydrocarbon bulk liquids including LIN, LOX, LAR, LCO2, LN2O, Ethylene, Ammonia, LPG, and LNG), SSB Cryogenic Services (GTT-certified LNG membrane global testing, vessel construction, retrofitting, NDT, purging, and turnkey commissioning), and Sing Industrial Gas Vietnam (manufacturing and bottling plant in Binh Duong). The group maintains wholly-owned subsidiaries and offices in Singapore, Malaysia, Indonesia, Vietnam, Thailand, China, and India, with active partnerships including a Gabadi joint venture for LNG membrane vessel construction and a collaboration with Global Petro Storage (US$50M committed) for small-scale LNG supply chain solutions.

The group's revenue model is diversified across hardware sales (cryogenic equipment and bulk liquids), subscription-style recurring rental income (T75 ISO tank leasing), transaction-based trading margins (industrial gas cylinders, valves, refrigerants, and specialty gases), and professional services (LNG membrane testing, vessel retrofitting, NDT, and turnkey project delivery). Pricing is B2B quote-based and not publicly disclosed. Go-to-market is enterprise field sales targeting industrial gas majors, LNG carriers, and energy sector clients, complemented by exhibition participation at OGA, Gastech, OSEA, and Asia Pacific Maritime. Customer concentration sits in oil & gas and LNG/marine end markets, with named enterprise customers including Pertamina, Petrolife Aero, and the GLNG Project.

Core technology is rooted in physical cryogenic containment and LNG membrane expertise rather than software: SSB holds one of few global certifications for GTT LNG membrane cargo containment system testing, operates the largest T75 ISO tank fleet in Southeast Asia (manufactured by partner Chart Ferox), and provides certified retrofitting/repair services for LNG membrane vessels across Southeast Asia, Australia, and New Zealand. The group has accumulated multiple quality and safety certifications (ISO 9001:2015, ISO 45001:2018, ISO/TS 29001:2010, bizSAFE Star, BS OHSAS 18001:2007) and is recognized repeatedly on the Singapore SME 1000 list (2011, 2013, 2016, 2018, 2019) and with the 2019 WSH Innovation Award.

Name

Sing Swee Bee Group

Legal name

Sing Swee Bee Group Pte Ltd

Website

https://singsweebeegroup.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

51–100 employees

Short description

Sing Swee Bee Group is a Singapore-based privately held provider of industrial gas trading, cryogenic equipment (largest T75 ISO tank lessor in Southeast Asia), and certified LNG membrane testing and vessel services, serving oil & gas, LNG, and industrial manufacturing clients across Southeast Asia, China, and India.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. ISO Tank Rental and Leasing: Rental and leasing of T75 ISO tanks for cryogenic liquid transportation. Largest lessor in Southeast Asia providing both constant supply and turnkey basis services.
2. Industrial Gas Trading: Trading of industrial gas cylinders, valves, refrigerants, CNG and industrial gas related products. Trading of specialty and rare gases to gas and energy industry in Asia Pacific and Global region.
3. Cryogenic Services: Marine services including purging, Non-Destructive Testing (NDT), commissioning of plants and systems, and turnkey projects.
4. Cryogenic Equipment Supply: Supply of cryogenic and hydrocarbon bulk liquids including LIN, LOX, LAR, LCO2, LN2O, Ethylene, Ammonia, LPG, and LNG. ISO tank repair, maintenance and re-certification services.
5. Bulk Liquid Supply: Supply of cryogenic bulk liquids on both constant and turnkey basis within the Southeast Asia region.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Sing Swee Bee Group is an integrated solutions provider in the gas and energy sector, supplying industrial gases, cryogenic bulk liquids (LIN, LOX, LAR, LCO2, LNG, LPG, Ethylene, Ammonia), and operating the largest T75 ISO tank leasing fleet in Southeast Asia for cryogenic transportation and distribution. The group also delivers certified LNG membrane vessel testing, construction, retrofitting, and repair services, alongside industrial gas manufacturing in Vietnam through its wholly-owned subsidiaries.

Product overview

Sing Swee Bee Group operates as an integrated solutions provider in the Gas and Energy sector, comprising four main business units: Sing Swee Bee Enterprise (industrial gas trading since 1978), SSB Cryogenic Equipment (largest T75 ISO tank lessor in Southeast Asia with cryogenic bulk liquids supply), SSB Cryogenic Services (marine/cryogenic services including LNG membrane vessel construction and repair), and Sing Industrial Gas Vietnam (gas manufacturing plant in Vietnam). The group provides a comprehensive value chain from industrial gas trading and manufacturing to cryogenic equipment leasing, marine services, and small-scale LNG supply chain solutions including bunkering, distribution, and transportation via ISO tanks and membrane vessels.

Differentiator

Problem solved

Functional benefit

Products and services

• T75 ISO Tank Leasing and Rental
• Industrial Gas Trading
• LNG Membrane Vessel Testing, Construction, and Retrofitting Services
• Cryogenic Bulk Liquid Supply
• Cryogenic Marine Services (Purging, NDT, Commissioning)
• Industrial Gas Manufacturing and Bottling (SIG Vietnam)

Quantifiable outcome

• Largest T75 ISO tank lessor in Southeast Asia
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Osaka Gas Liquid Co. Ltd. (OGL)coreStrategic or Co-development Partner · 25 June 2020Capital injection from OGL to strengthen Sing Industrial Gas Vietnam's position in Vietnam Industrial Gas market. OGL provides specialized technical support to enhance SIGVN plant's operational efficiency. Joint feasibility study on expansion opportunities.
• Global Petro Storage (GPS) SingaporecoreStrategic or Co-development Partner · 27 November 2018Collaboration agreement to expand and develop small-scale LNG supply chain solutions in Southeast Asia. GPS committed initial investment fund of US$50 million for small-scale LNG assets and infrastructure. SSB provides technical expertise and identifies opportunities.
• Gabadi S.L.coreStrategic or Co-development Partner · 1 January 2016Joint venture partnership for construction of Small-Scale LNG membrane vessels, as well as retrofit and repair works for LNG membrane vessels in Southeast Asia, Australia and New Zealand. Announced at OSEA2016 exhibition.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Air Liquide: Global industrial gas major with significant Singapore and SEA operations. Competes with SSB on industrial gas (LOX, LIN, LAR, hydrogen) supply and on small-scale LNG/virtual pipeline offerings to customers in the same end markets.
• Wärtsilä: Finnish marine and energy services major with LNG-related shipyard and lifecycle service capabilities. Overlaps with SSB's cryogenic marine services and LNG vessel ecosystem across shipowners and operators in Asia Pacific.
• Iwatani Corporation: Japan-headquartered industrial gas and LPG supplier with Asia-Pacific distribution capabilities. Comparable to SSB on industrial gas trading, refrigerant and specialty gas distribution, and on cryogenic equipment handling for Asian energy sector.
• Linde plc: World's largest industrial gas company with strong Southeast Asia presence (including legacy BOC brand). Overlaps with SSB on bulk liquid supply (LIN, LOX, LAR, CO2), specialty gases, and on LNG-related applications in the region.
• Air Products and Chemicals: US-based industrial gas and LNG technology major with growing Asia footprint. Competes with SSB on LNG-related projects, industrial gas supply, and on cryogenic equipment and engineering services globally.

Direct peers

• Messer Group: Privately-held global industrial gas company of comparable size to SSB's regional footprint. Targets similar applications (bulk liquid industrial gases, specialty/rare gases, refrigerants) and similar mid-sized industrial customers in the same downstream manufacturing and energy markets.
• Chart Industries: Manufacturer of cryogenic equipment including T75 ISO tanks — also SSB's own ISO tank OEM partner. Same end markets (LNG, LOX, LIN, LAR, ethylene) and same customer base of industrial gas producers, LNG carriers, and gas distribution companies.
• GTT (Gaztransport & Technigaz): French LNG membrane containment system licensor whose certification SSB holds. Directly comparable on LNG membrane global testing, vessel construction know-how, and the technical standards governing SSB's retrofitting and repair services in SEA, Australia and NZ.

Regional players

• Yingde Gases Group: China's largest independent industrial gas supplier, focused on onsite and merchant supply of oxygen, nitrogen, argon, hydrogen and specialty gases. Comparable business model to SSB's industrial gas trading and manufacturing arm (Sing Industrial Gas Vietnam).

Emerging players

• Babcock International: Provides marine and LNG vessel retrofit, modification, and lifecycle services including gas membrane containment work. Comparable to SSB Cryogenic Services on retrofit, repair, and NDT/commissioning work for LNG carrier operators globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sing Swee Bee Group