Timken signs five-year bearing supply contract with European electricity producer
Colmar, France -- The Timken Company has signed a five-year contract to supply RWE Power AG in Essen, Germany, with...
Colmar, France — The Timken Company has signed a five-year contract to supply RWE Power AG in Essen, Germany, with anti-friction bearings. The contract covers the delivery of spherical roller bearings and mounting sleeves for use in conveyor belts.
The agreement is the first between the two companies and accounts for about 30% of RWE Power’s bearing requirements in Germany. RWE Power cited technical expertise as one of the deciding factors for awarding the contract to Timken.
Most of the conveyor belts equipped with Timken bearings are used in the company’s lignite mining operation located in Germany’s Rhineland. RWE Power is among the largest electricity producers in Europe and belongs to the RWE Group of European utility companies.
“Timken is delighted to begin this relationship with RWE Power,” said Mike Connors, Timken’s vice-president for industrial equipment. “Customers in energy and other demanding industries are discovering new ways that Timken’s expertise in managing friction in harsh environments can help improve their performance.”