Foster
Foster Asia Pacific is a Singapore-based industrial company that distributes thermal and acoustic insulation materials and provides on-site insulation contracting services to enterprise clients in the marine, petrochemical, pharmaceutical, and process industries across Singapore, Malaysia, and Indonesia.
- Company typePrivate
- Founded1979
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Foster does
Foster Asia Pacific Pte Ltd, doing business as Foster Group, is a Singapore-incorporated industrial services company founded in 1979 that operates two integrated business lines. The first is distribution: Foster acts as a stockist and key distributor of thermal and acoustic insulation materials across Singapore and the Asia-Pacific region, holding distribution rights for tier-1 brands including Owens Corning Foamglas, Paroc Stonewool, Tarec PU/PIR, Rockwool, Isolite Ceramic fibre, Foster Mastics, and ASC Calcium Silicate. The product catalogue spans fiberglass wool, ceramic fiber, phenolic foam, polyurethane, calcium silicate, cement board, closed-cell elastomeric foam, extruded polystyrene, and complementary accessories such as mastics, jacketing, adhesives, and aluminium foil/tape. The second is on-site contracting through an Engineering & Contracts (E&C) Division currently comprising 20 office and support staff plus roughly 120 on-site workers (scaling to ~300 at peak), delivering thermal insulation, acoustic insulation, refractory, and asbestos removal across piping, tanks, vessels, ducts, and electrical infrastructure.
The company sells almost exclusively to enterprise B2B customers in two verticals: the marine industry (ships, FPSO/FLNG vessels, ocean-going vessels) and the process industry (refineries, power plants, petrochemical, pharmaceutical, and chemical plants). It has been the in-house insulation contractor for major clients including SEATRIUM (previously Keppel), PCS, NESTE Singapore, CCDS, Aventis Pharma, Invista Singapore, and Szu Engineering since 2006, with named key projects at Neste Expansion (2020–2023), Air Liquide J10 (2022), and Oil-Tanking Singapore (2015). Geographic reach is Singapore-anchored with extension into Malaysia and Indonesia.
The business model combines materials distribution (one-time purchase transactions) with project-based professional services contracting; pricing is quote-based and not publicly disclosed, and distribution channels are direct sales to enterprise buyers. Foster holds BizSafe, ISO 9001, and ISO 45001 certifications and has received client safety awards from Total and Neste Oil. Leadership comprises Managing Director Andrew Koh, Director/HSE Manager Adrian Yeo, and Director of Strategic Planning/Finance Director Leonard Koh, alongside functional heads for HR, E&C, Procurement, and Production. The company is privately held, with no parent, no subsidiaries, no funding history, and no M&A activity disclosed.
Foster firmographics
Firmographics- Name
- Foster
- Legal name
- Foster Asia Pacific Pte Ltd
- Website
- https://fostergroup.com.sg
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Foster Asia Pacific is a Singapore-based industrial company that distributes thermal and acoustic insulation materials and provides on-site insulation contracting services to enterprise clients in the marine, petrochemical, pharmaceutical, and process industries across Singapore, Malaysia, and Indonesia.
- Ownership category
- akta.pro rank
Foster industry classification
Industry- Product category
- Industrial Insulation Materials Distribution and Contracting
- NAICS
- Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615), Plastics Product Manufacturing (3261)
- SIC
- Miscellaneous Plastics Products (3080), Adhesives & Sealants (2891)
- akta.pro primary industry
- Insulation, Fire Protection & Acoustic Materials (IMAJAKAK)
- akta.pro secondary industries
- Marine Coatings, Insulation & Corrosion Protection (Paints, Thermal/Acoustic) (IMAJAIAH), Sealants, Adhesives, Gaskets & Marine Elastomers (IMAJAKAL)
Keywords
Where Foster is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
Foster business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Product Distribution & Sales: Stockist and distributor of thermal/acoustic insulation materials and accessories to industrial clients in Singapore and Asia-Pacific region
- Contracting Services: On-site insulation contracting services including thermal, acoustic, refractory, and asbestos removal work for marine and process industries
Go-to-market motion2 records
Distribution channels1 record
Marketing channels2 records
Foster product offering
Product offeringCore offering
Foster Asia Pacific Pte Ltd is a Singapore-based stockist and distributor/exporter of thermal and acoustic insulation materials in Singapore and the Asia-Pacific region, and operates an Engineering & Contracts (E&C) Division providing on-site insulation contracting services (thermal, acoustic, refractory, and asbestos removal) for marine and process industry clients. The company distributes brands including Owens Corning Foamglas, Paroc Stonewool, Tarec PU/PIR, Rockwool, Isolite Ceramic fibre, Foster Mastics, and ASC Calcium Silicate Products, and serves shipyards, FPSO/FLNG vessels, refineries, power plants, and pharmaceutical plants across Singapore, Malaysia, and Indonesia.
Product overview
Foster Asia Pacific Pte Ltd is a stockist and distributor/exporter of thermal and acoustic insulation materials, offering a comprehensive portfolio of insulation products and specialized contracting services. The company distributes branded products including Owens Corning Foamglas, Paroc Stonewool, Rockwool, Tarec PU/PIR, Isolite Ceramic Fibre, Foster Mastics, and ASC Calcium Silicate Products across Singapore and Asia-Pacific. Their product range includes fiberglass wool, ceramic fiber, closed cell elastomeric foam, phenolic foam, polyurethane, calcium silicate, cement board, and associated accessories like aluminium foil, tapes, mastics, and jacketing products. In addition to product distribution, Foster operates an Engineering & Contracts (E&C) Division that provides on-site insulation contracting services including fireproofing, tank insulation, thermal insulation (hot and cold), acoustics insulation, and refractory work for the marine industry (ships, FPSO/FLNG vessels) and process industries (refineries, power plants, pharmaceutical plants) in Singapore, Malaysia, and Indonesia.
Differentiator
Problem solved
Functional benefit
Products and services
- Insulation Accessories General accessories for thermal and acoustic insulation applications, distributed to industrial clients across Singapore and Asia-Pacific.
- Adhesives, Mastics and Sealants Adhesives, mastics, and sealants for bonding and sealing insulation materials, distributed to industrial and contracting clients.
- Aircon Flexible Duct Flexible ducting products for air conditioning systems.
- Aluminium Foil and Tape Aluminium foil and tape products for insulation facing and sealing.
- Calcium Silicate Insulation Calcium silicate insulation products for high-temperature applications, distributed for industrial use.
- Cement Board Cement board products for fire protection and thermal insulation.
- Ceramic Fiber Insulation Isolite ceramic fiber insulation materials for high-temperature industrial applications.
- Closed Cell Elastomeric Foam Closed cell elastomeric foam insulation for thermal and acoustic applications.
- Extruded Polystyrene Foam Extruded polystyrene foam insulation products for industrial and building applications.
- Fiberglass Wool Fiberglass wool insulation materials for thermal and acoustic applications.
- Fiberglass Textile and Lagging Fiberglass textile and lagging products for pipe and equipment insulation.
- Owens Corning Foamglas Owens Corning Foamglas cellular glass insulation products distributed by Foster as a key distributor in Singapore and the Asia-Pacific region.
- Fosterboard Foster-branded board insulation products.
- Rockwool Stone Wool Insulation Rockwool stone wool insulation products for thermal, acoustic, and fire protection, distributed by Foster as a key distributor.
- Insulating Cement Insulating cement products for high-temperature applications.
- Jacketing Products Metal and protective jacketing for insulation systems.
- Knauf Gypsum Board Knauf gypsum board products for fire protection and wall systems.
- Phenolic Foam Insulation Phenolic foam insulation with high thermal efficiency for industrial applications.
- Polyurethane (PU/PIR) Insulation Tarec PU/PIR polyurethane and polyisocyanurate foam insulation products.
- Roof Mesh Roof mesh products for insulation support and protection.
- On-Site Insulation Contracting Services Specialized on-site insulation contracting services including fireproofing, tank insulation, thermal insulation (hot and cold), acoustics insulation, refractory work, and asbestos removal for marine vessels and process industry clients in Singapore, Malaysia, and Indonesia. Delivered by the Engineering & Contracts (E&C) Division comprising 20 office and support staff plus about 120 on-site workers (peak ~300).
Companies that use Foster
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles1 record
Foster technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Foster partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Owens Corning FoamglascoreKey distributor for Owens Corning Foamglas insulation products in Singapore and Asia-Pacific region
- Paroc StonewoolcoreKey distributor for Paroc Stonewool insulation products in Singapore and Asia-Pacific region
- Tarec PU/PIRcoreKey distributor for Tarec PU/PIR insulation products in Singapore and Asia-Pacific region
- RockwoolcoreKey distributor for Rockwool insulation products in Singapore and Asia-Pacific region
- Isolite Ceramic fibrecoreKey distributor for Isolite Ceramic fibre products in Singapore and Asia-Pacific region
- Foster MasticscoreKey distributor for Foster Mastics products in Singapore and Asia-Pacific region
- ASC Calcium Silicate ProductscoreKey distributor for ASC Calcium Silicate Products in Singapore and Asia-Pacific region
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Foster competitors and assessment
Company assessmentOthers
- Cabot Corporation: Specialty chemicals and performance materials company supplying fumed silica, carbon black, and insulation-related additives used in high-performance insulation formulations. Adjacent enabling supplier whose materials feed into the same insulation product categories Foster distributes and installs.
Broad incumbents
- Saint-Gobain: Global broad-line building materials group whose Isover brand is a major player in thermal and acoustic insulation. Comparable as a large incumbent offering overlapping insulation product categories and turnkey contracting services through its own distribution networks in Asia.
- SIG Group: Europe-led specialist distributor of building envelope and insulation products to trade and contractor customers. Comparable as a building-products distribution peer, with a similar business model of multi-brand distribution to B2B insulation installers.
Direct peers
- Kingspan Group: Global leader in high-performance insulation boards and building envelopes. Directly comparable to Foster as a leading insulation brand whose products (e.g., insulated panels, rigid board insulation) compete with the Foamglas, PIR, and stone wool categories Foster distributes across SEA.
- Promat (Etex Group): Specialist in passive fire protection and high-temperature insulation boards and sprays. Direct peer in fireproofing and calcium-silicate-style board products that overlap with Foster's calcium silicate, cement board, and fireproofing contracting services.
- Knauf Insulation: Global manufacturer of glass and stone mineral wool insulation. Direct upstream peer competing in the same thermal/acoustic insulation categories Foster distributes, including via Knauf gypsum board which Foster already stocks in Singapore.
- Owens Corning: Major global insulation and building materials manufacturer, including the Foamglas cellular glass insulation line that Foster distributes as a key APAC partner. Direct upstream peer whose product portfolio, channel strategy, and Asia-Pacific go-to-market directly shape Foster's offering.
- Trelleborg AB: Engineered polymer and sealing solutions group with a Marine & Infrastructure business supplying insulation, fire protection, and sealing systems to shipbuilders and offshore yards. Direct peer in marine insulation and outfitting, the same vertical that drives Foster's SEATRIUM FPSO/FLNG work.
- Rockwool International: World's largest producer of stone wool insulation for thermal, acoustic, and fire-protection applications. Foster is a key distributor of Rockwool products in Singapore/APAC, making it a direct upstream brand peer whose product strategy and pricing directly affect Foster's distribution economics.
Emerging players
- Aspen Aerogels: US-based manufacturer of high-performance aerogel insulation blankets targeted at industrial, energy, and process-industry applications. Emerging specialty-insulation peer whose Pyrogel and Cryogel products increasingly compete in the same high-temperature and cryogenic insulation specifications Foster serves in Singapore process plants.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Foster social profiles
Digital presenceFoster compliance and trust
Trust signalCompliance3 records
Foster financial estimates
Financial estimateRevenue estimate
Valuation estimate
Foster leadership team
Management profileNumber of profiles
Profiles7 records
Foster funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Foster M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Foster
What does Foster do?
Foster Asia Pacific Pte Ltd is a Singapore-based stockist and distributor/exporter of thermal and acoustic insulation materials in Singapore and the Asia-Pacific region, and operates an Engineering & Contracts (E&C) Division providing on-site insulation contracting services (thermal, acoustic, refractory, and asbestos removal) for marine and process industry clients. The company distributes brands including Owens Corning Foamglas, Paroc Stonewool, Tarec PU/PIR, Rockwool, Isolite Ceramic fibre, Foster Mastics, and ASC Calcium Silicate Products, and serves shipyards, FPSO/FLNG vessels, refineries, power plants, and pharmaceutical plants across Singapore, Malaysia, and Indonesia.
Is Foster a public or private company?
Foster is a private company. It is classified as unknown and is currently operating.
When was Foster founded?
Foster was founded in 1979. It employs 51 to 100 people.
Where is Foster based?
Foster is headquartered in Singapore, Singapore, in the Asia region.
How does Foster make money?
Two revenue lines are on record. Product Distribution & Sales are the primary driver. The others are contracting Services.
Who are Foster's main competitors?
Cabot Corporation is listed as an others. Broad incumbents are Saint-Gobain and SIG Group. Direct peers are Kingspan Group, Promat (Etex Group), Knauf Insulation, Owens Corning, Trelleborg AB and Rockwool International. Aspen Aerogels is listed as an emerging player.
Does Foster have an API?
No public API is recorded for Foster.
What industry is Foster in?
Foster's product category is Industrial Insulation Materials Distribution and Contracting. Its primary akta.pro industry code is IMAJAKAK, Insulation, Fire Protection & Acoustic Materials, with a secondary code of IMAJAIAH, Marine Coatings, Insulation & Corrosion Protection (Paints, Thermal/Acoustic). Its NAICS code is 32615 and its SIC code is 3080.