Shin-Etsu Magnetics Phils. Inc., leading manufacturer of rare earth permanent magnets for electronic devices, Information Technology (IT) products, automotive, factory automation and hard disk drives, renewed its Retail Electricity Supply Agreement with MPower to supply electricity to two of its facilities up to June 2020.
Shin-Etsu initially signed an 18-month contract with MPower in June 2013. In 2014, the former renewed its contract for another 18 months, and this year 2016, they decided to further extend it for another four years, proof that MPower and Shine-Etsu’s partnership gets better as the years go by.
Representing MPower during the RESA signing event are (seated L-R) Emmanuel De Ramos, AVP & Retail Sales Head and Roberto R. Almazora, SVP and MPower Head. President Daiki Kato, Vice President Dennis Constantino and Director for Finance Shunichiro Nakae attended in behalf of Shin-Etsu Magnetics Phils. Inc.
