Pan-United Concrete, a subsidiary of concrete and cement provider Pan-United Corp, has entered into a project development partnership agreement with Surbana Jurong to study the feasibility of using electric and hydrogen fuel cells to power a fleet of more than 1,000 trucks used to move concrete.
In a Jan 5 press release announcing the partnership, Pan-United says the collaboration is in line with its sustainability targets to firstly, offer only low carbon concrete by 2030, secondly, offer carbon-neutral concrete products by 2040 and lastly, become a carbon-neutral ready-mix concrete company by 2050.
As part of the partnership, Surbana Jurong will study and evaluate the potential of decarbonising Pan-United’s fleet of concrete mixer trucks and tipper trucks that currently operate on diesel.
The partnership aims to achieve several outcomes, which include developing a technology roadmap based on Pan-United’s strategy and vision towards carbon abatement of its trucking fleets, shortlisting high-potential technologies, and developing a business plan that takes into consideration the techno-economic feasibility and potential carbon dioxide (CO2) savings.
In addition, Surbana Jurong will make carbon footprint calculations to determine the extent of carbon emissions reduced in Pan-United’s future trucking fleet while setting the pace of transition towards net-zero emissions.
This is the second partnership between Surbana Jurong and Pan-United. In 2020, both parties signed a Memorandum of Understanding with two other industry leaders, Keppel Data Centres and Chevron, supported by the National Research Foundation. The alliance was aimed at jointly exploring, identifying and developing carbon capture technologies, including novel CO2 mitigation technologies that convert captured CO2 into useful construction materials.
See also: JPMorgan pursues deals to finance shutdown of coal-fired power
As at 12.40pm, Pan-United shares are trading flat at 34 cents.
Cover photo: Pan-United/Surbana Jurong
