Pilkington Glass set to save £2m with Siemens proposition

Pilkington’s new contract with Siemens means the company is looking to save approximately £2 million at two of their manufacturing sites in St Helens over the next five years.

Siemens will provide Pilkington with the latest energy-saving technology, both from its own portfolio and those of other manufacturers. The two companies have developed a glass energy service proposition, named the Siemens Energy Partnerships initiative, to address the specific needs of the glass industry. The partnership also offers maintenance and reliability improvements, which will be reinforced by Siemens’ warranty and servicing provision.
Steve Martin, head of glass & solar at Siemens UK & Ireland, said “Energy consumption is a huge challenge in the glass sector, and we are working closely with manufacturers such as Pilkington to continue developing value-added propositions for the industry.”
The project is being funded by Siemens Financial Services, meaning Pilkington does not have to commit any finances up front; instead, they fund it through savings, alleviating the risk of committing to a high-value contract.
“Funding is a key component of the initiative,” continued Martin. “Glass is a capital-intensive business, meaning CapEx is at a premium in terms of where companies spend it. Through Siemens Financial Services, we also take on the majority of the financial risk, and ensure key metrics are hit from day one.”
Gary Charlton, operations director at Pilkington, said “We value the relationship we have with Siemens as it helps to underpin our strategic growth and operational strategies. This contract is testament to the success of our partnership and we hope to continue working together for mutual benefit.”