Pan-United, Surbana Jurong in tie-up to shift truck fleet to EVs

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Pan-United Corp.’s subsidiary Pan-United Concrete has entered a tie-up with infrastructure consulting firm Surbana Jurong to study the feasibility of using electric and hydrogen fuel cells to power its truck fleet, the concrete and cement producer said in a filing to SGX Wednesday.

The company has more than 1,000 trucks in its concrete business, making up to 7,000 trips a day across Singapore, and it is looking at using electric and hydrogen fuel cells, the filing said.

Currently, the concrete mixer trucks and tipper trucks operate on diesel, Pan-United said.

“By using the cleaner energy options, Pan-United has the potential to significantly improve the sustainability performance of its delivery fleet. The conversion from diesel engines to electric and hydrogen powered ones in its fleet can also mitigate against potential rises in oil prices, and reflects the company’s efforts to support climate change action through the use of greener transportation services,” the statement said.

The tie-up is aimed at meeting Pan-United’s sustainability targets of offering only low-carbon concrete by 2030, based on a more than 50 percent reduction compared with 2005 levels, followed by carbon-neutral concrete products by 2040 and carbon-neutral ready-mix concrete by 2050, the filing said.

Surbana Jurong and Pan-United said the partnership will develop a technology roadmap and shortlist high-potential technologies, as well as to develop a business plan and make carbon-footprint calculations to determine the emissions reduction.

Previously, Surbana Jurong and Pan-United signed a memorandum of understanding (MOU) with Keppel Data Centres and Chevron, with support from the National Research Foundation, to explore and develop carbon capture technologies, including mitigation technologies converting captured carbon dioxide into construction materials, the filing said.