Pan-United to power concrete mixer trucks with electricity, hydrogen fuel cells

CONCRETE and cement provider Pan-United Corporation P52 : P52 0%is studying the feasibility of using electric and hydrogen fuel cells to power a fleet of more than 1,000 trucks.

The company announced on Wednesday (Jan 5) a partnership between its subsidiary Pan-United Concrete and consultancy Surbana Jurong to study the possibilities of decarbonising Pan-United's diesel-powered trucking fleet. Pan-United said its delivery fleet makes up to 7,000 trips a day across Singapore.

Surbana Jurong will help develop a business plan that considers techno-economic feasibility and potential carbon dioxide savings. Additionally, it will make carbon footprint calculations to determine the extent of carbon emissions reduced in Pan-United's future trucking fleet while working towards net-zero emissions.

The partnership is in line with Pan-United's sustainability goals - to offer only low-carbon concrete by 2030, carbon-neutral concrete products by 2040 and become a carbon-neutral ready-mixed concrete (RMC) company by 2050.

In 2020, both companies signed a memorandum of understanding with Keppel Data Centres and Chevron - with the support of the National Research Foundation - to identify and develop carbon capture technologies.

This is the second partnership between Pan-United and Surbana Jurong.

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May Ng, Pan-United's chief executive, said the company recognises the importance of "synergistic collaborations" to help drive the built environment towards net-zero emissions.

"As a key player in this sector, we are committed to invest to reduce our carbon footprint and provide low-carbon and carbon-neutral concrete products for the built environment," she added.

Shares of Pan-United were trading at S$0.34, down S$0.0050 or 1.5 per cent, as at 1.53pm.

READ MORE:

• Pan-United H1 net profit jumps to S$7.3m as construction activities resume
• Cementing a path for new opportunities
• Pan-United taps tech to supply concrete mix with fewer workers