Joint entry EMO B.V. and JERA Trading to supply specialty coal for silicon metal enabling the production of solar panels
Europees Massagoed Overslagbedrijf (EMO) B.V., a Rotterdam based 100% subsidiary of HES International B.V. and JERA Trading, a Singapore based major coal trader, have signed a 5-year contract to jointly enter the specialty coal market for the production of silicon metal. This product is used as a source for photovoltaics (solar panels) and computer integrated circuits (chips).
Within the cooperation to produce, market and sell these specialty coals JERA Trading will provide the coal sourcing, transport and marketing & sales expertise. EMO will provide the transshipment, storage and manufacturing facilities and expertise at its location in the Rotterdam port.
EMO has a strong and successful position in the iron ore and coking coal market and is further diversifying its product portfolio of dry bulk commodities. Entering the specialty coal market for the production of silicon metal already matches the competence and technical equipment of EMO.
Major part of the high purity reducing agent is provided by specialty coals. Specialty coals are produced by purifying and selecting a specific surface area for reactivity control raw coal needs to be screened and washed. The coal purification will be performed in a recently refurbished washing and screening facility at a 10 hectares area on the EMO terminal in the Rotterdam port. The manufacturing process is operated with a closed water circuit and has negligible emissions.
Mathijs Pelsma, Managing Director of EMO said: “Smartly diversifying our product portfolio of dry bulk commodities is our answer in the current energy transition, where we respond to the demand of our clients. We very much welcome the 5-year contract with JERA Trading, as this underscores our strong position in the market.”
As one of the leading physical coal trader JERA Trading is keen to develop this segment of its customer portfolio by offering its sourcing and trading skills to this specialized customer segment. Ronan Lory, JERA Trading Managing Director indicated that “JERA Trading is very happy to partner with EMO a trusted and recognized expert in the handling and technical processing of coal to provide new sourcing opportunities for the growing silicon metal industry. We look forward to a very profitable cooperation.”
EMO B.V. & HES International B.V.
Ms E. Erkelens, Manager Corporate Communications
Phone: +31 611 648 605
Mr. Ronan Lory, Managing Director JERA Trading
Phone: +65 6654 1928