BUSINESS

CEO of YORK calls for saving energy for country

September 24, 2017
Dr. Mohanad Al Shaikh
Dr. Mohanad Al Shaikh

FOR the past three years, the demand for energy increased at a yearly rate of 8%, and is expected to increase up to 58% in the next 25 years. These figures will have an immense impact on oil, especially that 90% of the Kingdom's revenue is generated from oil exports. While 27% percent of the produced oil is spent on generating energy.

Dr. Mohanad Al Shaikh the CEO of Al Salem Johnson Controls (YORK), said "today energy is a basic human need, and is essential to further prosperity, development, and sustainability. Therefore, it is extremely important to preserve this resource. Yet energy efficiency and preservation do not come easily. They require great efforts and awareness, as well as the transfer and adoption of the latest global technologies, adapting them to meet the needs of all economic and development sectors; especially the energy-efficient technologies. Al Salem Johnson Controls (YORK) has always been at the forefront of energy conservation, and in line with the government's initiatives towards increased energy efficiency early on. In addition to the importance of raising awareness of smart energy use, as it will provide the opportunity of supporting the national economy by diversifying revenues."

Al Shaikh also highlighted the role that the company plays in energy efficiency by providing high energy efficiency HVAC units. He mentioned that the company will continue its efforts to support the local manufacturing industry to achieve the desired sustainability; through providing products with the highest ratings of the Saudi Standards, Metrology and Quality Organization.

In light of the Saudi National Day, Al Shaikh also urged other industries to conserve energy and rely on all means to do so.

"It is with great pride that we reminisce in the great achievements in many fields under the leadership of our government, and celebrating this national day revives the spirit of prosperity in us," Al Shaikh added. — SG


September 24, 2017
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