Pan-United and Shell explore decarbonization solutions in the construction industry

Pan-United Corporation Ltd and Shell Eastern Petroleum (Pte) Ltd have signed a memorandum of understanding to explore various decarbonization solutions in the construction and urban solutions sectors. The collaboration is expected to generate decarbonization benefits in the built environment through the creation of new business models and market opportunities.

The MOU describes the joint effort to identify opportunities in areas such as low carbon and renewable energy products, electric mobility solutions, circular use of materials and other compatible solutions. digitization.

The three-year memorandum of understanding is the first of its kind between Pan-United and Shell, which have established a long-standing relationship with Pan-United as a distributor of petroleum products through its subsidiary InterTerminal Services.

The collaboration is expected to advance the two companies’ emissions reduction efforts towards achieving net zero emissions and is also in line with Pan-United’s sustainability goals of offering only low-carbon concrete from by 2030 and deliver carbon neutral concrete products by 2040. In addition, it will help bring Pan-United closer to its ambitions of becoming a carbon neutral ready mix concrete company by 2050.

In particular, Pan-United and Shell will explore the reuse of used industrial materials and carbon dioxide from local Shell facilities, such as Shell Energy and Chemicals Park Singapore in Bukom and Shell Jurong Island, as alternative raw materials in the area. production of low carbon concrete. This will significantly reduce energy consumption and environmental impacts during the construction material manufacturing process.

Building on Pan-United’s expertise in innovative sustainable concrete solutions, Shell can explore the possible use of Pan-United’s low carbon and carbon dioxide mineralized concrete products and solutions in Shell’s existing and new development projects in Singapore. Shell will also have access to Pan-United’s sustainability consultancy in terms of low carbon concrete solutions and technical expertise at the design stage of new development projects, with a view to reducing the level of carbon embodied in Development.

On the renewable energy front, Shell is the partner of choice for the decarbonization of customer projects, exploring renewable energy supply and on-site power generation, as well as other energy solutions such as fuel supply. downstream natural gas, battery energy storage and carbon offset solutions.

Additionally, Pan-United will work with Shell to seek to accelerate the transition of its truck fleet to electric and hydrogen options, through smart charging solutions for electric vehicles and hydrogen for mobility; in the meantime, Pan-United will use Shell’s low-carbon fuels and biofuels, as well as its carbon offsets, to achieve carbon neutrality. Pan-United and Shell will explore the viability of deploying Shell’s advanced renewable energy generation technologies, such as high-efficiency solar power, to meet PanUnited’s energy needs. At the same time, the two companies will seek to explore opportunities for digitization while protecting the environment and effectively reducing carbon emissions. Aw Kah Peng, President of Shell Companies in Singapore, said: “In the Shell net zero approach, we believe it is vital to work with our customers. It is just as important as reducing our own emissions. With a long-standing partner like Pan-United, I am confident that the solutions we develop together will have the potential to advance decarbonization for the construction and real estate industry.

May Ng, CEO of Pan-United, said: “We are delighted to be working with a well established and like-minded partner of Shell as we move forward into the New Year with our efforts to promote the transition. towards net zero emissions. in the built environment of Singapore. The collaboration is in line with our circular economy approach to reduce inputs by minimizing waste and using sustainable raw materials. We look forward to harnessing Shell’s deep expertise in delivering clean energy solutions to accelerate the construction industry’s progress towards achieving net zero emissions.

Read the article online at: https://www.worldcement.com/europe-cis/122012022/pan-united-and-shell-explore-decarbonisation-solutions-in-construction-industry/

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