PEMS and Babcock & Wilcox (B&W) partier to sustainable energy solutions in Vietnam’s industrial sector

^{The MOU, signed at a formal ceremony on 7th November 2024, establishes a strategic cooperation framework to maximize the expertise and resources of both companies, promote environmental technologies, and contribute significantly to Vietnam's Net Zero goals.}

Cooperation signing ceremony.

^{Cooperation Background}

^{PEMS: A Trusted Industry Leader}

^{Founded in 2018, PEMS has rapidly established itself as a premier service provider in Vietnam’s industrial sector, specializing in equipment, spare parts, and engineering solutions for thermal power, petrochemical, and oil and gas industries. PEMS has earned its reputation through its expertise in large-scale project management, consistently delivering top-quality, reliable services and solutions.}

^{Several factors make PEMS a qualified partner for B&W:}

• ^{Proven Project Success: PEMS has a solid track record of executing major industrial contracts, positioning itself as a trusted service partner with the technical expertise necessary for the high demands of power projects.}

• ^{Industry-Specific Expertise: With a specialized focus on thermal power plants, petrochemical facilities, and oil and gas projects, PEMS brings targeted knowledge and advanced engineering solutions to Vietnam's key industrial sectors.}

• ^{Commitment to Sustainability: PEMS is dedicated to supporting sustainable industrial development, a goal that aligns closely with B&W's commitment to environmentally friendly technologies.}

• ^{Highly Qualified Engineering Team: The PEMS team comprises seasoned engineers skilled in high-stakes technical maintenance, repair, and optimization, ensuring top-tier service delivery to clients and partners.}

^{Babcock & Wilcox: A Global Clean Energy Leader}

^{Babcock & Wilcox (B&W) is a global corporation with over 150 years of world-leading experience in clean energy technologies. B&W has been at the forefront of reducing emissions and improving system efficiency. As a pioneer in decarbonization and environmental control systems, B&W has built an unmatched reputation for delivering high-quality, sustainable solutions across various industries, including utility and industrial applications.}

^{B&W's commitment to global environmental sustainability aligns perfectly with Vietnam's ambitious energy goals, as well as with PEMS’ dedication to optimizing energy efficiency for industrial clients. Through this partnership, B&W will bring its advanced technology and expertise to Vietnam’s thermal power projects, supporting the industry’s transition toward cleaner, more sustainable practices.}

^{Cooperation Objectives}

^{The primary objective of this MOU is to establish a cooperation framework related to environmental solutions, including Flue Gas Desulfurization (FGD), Selective Catalytic Reduction (SCR), and Electrostatic Precipitator (ESP) systems, for large-scale thermal power projects in Vietnam. Both companies share a vision of leveraging each other's strengths and resources to deliver solutions that optimize efficiency and minimize the environmental impact of thermal power plants.}

^{Towards a Sustainable Future}

^{The signing of the MOU on November 7, 2024, is not only a business agreement but also a declaration of strategic cooperation, opening up many new development opportunities, and marking the beginning of a promising partnership, driving significant progress in Vietnam's energy sector. Beyond a business agreement, this MOU is a declaration of strategic cooperation, opening up numerous new development opportunities. PEMS and B&W share a long-term vision of innovation, sustainability, and operational excellence. Together, they are committed to exploring additional areas of collaboration to advance shared goals, particularly in developing sustainable solutions for Vietnam's industrial sector.}

^{As Vietnam’s industrial landscape adapts to environmental and economic challenges, PEMS and B&W are well-positioned to support sustainable growth, ensuring a greener, more efficient future for future generations.}