Contract Chaos to Strategic Control: How a Multinational Chemical Manufacturer Took Charge of Its Energy Spend

Project Overview

A multinational chemical manufacturer was managing energy procurement across a patchwork of suppliers, contract terms, and rate structures. Some facilities were unknowingly operating on costly holdover rates during periods of extreme market volatility. At the same time, rising PJM capacity costs and the arrival of new decision-makers created an urgent need for clarity, structure, and long-term planning. The organization needed a partner with the expertise to organize its contracts, secure favorable terms, and prepare for future buying opportunities.

The Challenge

With facilities spread across multiple markets and suppliers, the organization lacked visibility into contract status, pricing structures, and expiration timelines. Capacity costs were climbing, and fragmented procurement made it difficult to budget or negotiate effectively. They needed a unified strategy and support in navigating credit requirements, market timing, and supplier engagement.

The Solution Mix

Mantis Innovation centralized all contract data to give the client full visibility into both electricity and natural gas positions. Every facility was transitioned to a fixed-price product with capacity and transmission pass-through to ensure budget certainty without overpaying. Contract end dates were aligned to January 2027, enabling aggregated usage for future negotiations. Strong supplier partnerships also helped the client overcome past credit obstacles and secure competitive terms.

The Results

The client gained transparency, stability, and insulation from market spikes. By replacing reactive renewals with a structured procurement strategy, Mantis positioned the organization to capitalize on its scale in the next buying cycle.