Enersize Oyj receives orders from Momentum Industrial AB regarding SCA's factory in Ortviken
Enersize Oyj ("Enersize" or the "Company") announces that the Company has received an order from SCA via Momentum Industrial AB ("Momentum"). The order concerns leakage survey and repair at SCA's paper mill in Ortviken, Sweden. Enersize will carry out the work with the help of LEAQS and the order value amounts to approximately SEK 1.1 million.
Enersize has received an order from SCA's paper mill in Ortviken through its sales partner Momentum. The value of the order is approximately SEK 1.1 million excluding VAT and means that Enersize will carry out leakage survey and repair on the factory's compressed air system with the help of the cloud service LEAQS. The work is extensive because it is a large factory. In accordance with the LEAQS concept, the results can be monitored and reported continuously. LEAQS is a service of the time with professional, easily accessible and relevant information.
The product portfolio with LEAQS and Q + has broadened Enersize's customer offering for efficiency of compressed air that can be sold by independent distributors and operators in industrial maintenance. Momentum has long been an active sales partner to LEAQS, and the collaboration has been expanded and deepened since the re-launch of Enersize in 2019. Momentum's well-established relationships with large industrial customers who can benefit from Enersize's products and services fit well into the Company’s strategy.
The leakage survey at SCA's factory in Ortviken is expected to begin in March 2020 and will be invoiced through Momentum.
"Compressed air is sometimes called "the world's most forgotten utility source". At the same time, we know that the savings potential usually amounts to 30-50%. This order really highlights SCA's sustainability focus and demonstrates the power of action in the organization. I look forward to gaining SCA’s confidence for continued efficiency work with our complementary products at the factory in Ortviken, and I also hope that we can also involve other factories. We see that Momentum is rapidly growing in importance for Enersize. The order from SCA shows the strength of our collaboration; Momentum has the customer contact and we have the technology and the services. During the autumn, our collaboration has deepened and we look forward to active cooperation with more of Momentum's offices”, says Anders Sjögren, CEO of Enersize.
“Sustainability from a social, environmental and economic perspective is at the heart of Momentum's business. In line with our mission - together for a sustainable industry - we work actively with our customers and partners to create and deliver as sustainable customer solutions as possible. Together with Enersize to support SCA in their work to reduce their compressed air leakage is a clear and concrete example of how we together and in the industry can and should work together", says Anna Segenstedt, Sustainability Manager at Momentum.
About SCA
The core of SCA’s business is the forest, Europe's largest private forest holding. Around this unique resource, SCA has built a well-developed value chain based on renewable raw material from our own and others’ forests. SCA offers paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. Sales amounted to SEK 19.6 bn and the company have approximately 4,200 employees.
Ortviken paper mill is the world’s third largest publication paper mill, producing coated and uncoated paper for magazines, catalogues and other print material with high demand on quality and performance.
About Momentum Industrial AB
Momentum Industrial AB is the Nordic region's leading supplier of industrial components and related services. The company is located in more than thirty locations in Sweden and Norway with sales offices, stores, warehouses, workshops and own production of seals. Momentum's business concept is to "make the everyday life of the industrial customer safer, simpler and more profitable - by offering sustainable products and services". The company has sales of approximately 1200 MSEK, has approximately 340 employees and is part of the listed group Momentum Group AB.
Certified Advisor
Mangold Fondkommission AB
E-post: ca@mangold.se
Telefon: +46 8 503 01 550
For more information about Enersize, please contact:
Anders Sjögren, CEO
Telephone: +46 730 76 35 30
E-mail: anders.sjogren@enersize.com
The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.
Brief information about Enersize
With its proprietary patent-pending automated software, Enersize Q+ for leakage management, data collection and analysis, Enersize can provide 10-50% energy savings in industrial compressed air systems. With Enersize Enterprise, the customers can measure and monitor several factories centrally. Through the recently acquired Enersize LEAQS system, the company has access to more than 9000 leakage management projects, and the associated more than 4000 customers worldwide. The combination of the company’s software services can increase the customer’s savings in running projects, while generating direct license and project revenue. 90% of the manufacturing industry uses compressed air, which constitutes about 2% of the world's total electricity consumption. Among Enersize's existing customers are one of the world's largest manufacturers of flat screens and well-known car manufacturers and steel mills. The company is headquartered in Helsinki, have a sales offices in Gothenburg and Shanghai and a development office in Lund. The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: ENERS. www.enersize.com