Enersize signs new profit sharing agreement with Pangang Titanium in China in partnership with Venergy Ltd.
English translation of previously released news: Enersize Oyj ("Enersize") has with the company's Chinese partner Shanghai Venergy Co., Ltd. ("Venergy") signed a six-year profit sharing agreement with Pangang Group Chongqing Titanium Industry Co., Ltd. ("Pangang Titanium"). The contract has been won in a bid in competition with other energy saving service providers. The plant uses approximately 12,000 MWh / year, the savings are estimated to be 20%, of which Enersize’s part of the total savings is estimated to be about 45%.Panang Titanium is a new Enersize customer and the agreement has