News and Announcements
TEHO International: Tied to Success
- Published January 10, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Internationalisation: TEHO International recently opened new stock points in Algeciras and Panama and is looking to open more locations in the coming years.
- Innovation : TEHO Ropes is working with one of the world’s leading high performance fiber manufacturers in producing a new kind of rope, while another subsidiary TEHO Water is now using an innovative hybrid technology to deliver clean water with the smallest energy bill and minimal maintenance.
- Business performance: early 2017 TEHO Ropes & Supplies Pte. Ltd. achieved the Business Excellence certification which helped us to put in place a systematic approach that leads to improved business performance.
- Expansion: one of our subsidiaries, TEHO EuROPE, has recently invested in new 4,000sqm facilities in Rotterdam to lay the foundations of tomorrow’s success.
- Diversification: we have started introducing products that are successful in maritime and offshore applications into new onshore markets like hotel business, resorts, power plants and public transport terminals.
TEHO International does good business with its present setup, and its globalisation strategy holds much promise, yet the company is equally fervent in its drive to advance research and development into rope manufacture, as well as complementary products.
TEHO Ropes, supplier of mooring solutions to the marine and offshore market, is banking on a new high performance, environmentally-friendly rope that is currently in trials to drive the company’s future growth.
Also our other subsidiary TEHO Water is a strong believer in optimization and increased efficiency in terms of process innovation through thorough knowledge of water. Using a hybrid technology, we incorporate available proven technologies and our knowledge of water to deliver clean water with the smallest energy bill and minimal maintenance.
Our TEHO Engineering subsidiary is strongly anchored in the Singapore shipyards but due to the current downturn in the oil and gas market, we are looking to introduce existing products to other markets and even exploring opportunities with new products in new markets like hotel business and public transport terminals.
Through this diversification, we are able to sidestep the major crises that may afflict shipping and offshore businesses going forward, while also sustaining our strengths and combining innovation with our existing portfolio to what we hope will be inspiring effect.
To match pace with opportunities as much as lay the foundations of tomorrow’s success, TEHO EuROPE has recently invested in new 4,000sqm facilities in Rotterdam and we also opened new stock points in Algeciras and Panama.
About TEHO International Inc Ltd (SGX:5OQ)
TEHO International is a global, diversified holding company specialising in marine, offshore O&G and real estate industries.
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