Smelting Division and East West Company Forge a Sustainable Path with Green Initiatives and Carbon Efficiency

Deep News07-20

The Smelting Division (East West Company) has been centering its efforts on high-quality development since the start of the year, deeply implementing the "dual carbon" development strategy. It translates national climate change initiatives into concrete measures for production and operations, simultaneously focusing on energy conservation, consumption reduction, quality improvement, and efficiency gains.

By synergistically advancing carbon reduction, pollution control, and ecological enhancement, the company strictly adheres to environmental protection baselines, continuously invigorating the momentum for green development. It leverages its ecological advantages to build a core competitive edge for sustainable corporate growth.

Laying the Groundwork for Green Transition with Precise Carbon Baseline

Product carbon footprint is the foundational ledger for green transformation. Proactively benchmarking against international best practices, the company actively conducts Environmental Product Declaration (EPD) and carbon footprint accounting. It has now completed a full lifecycle carbon footprint inventory and assessment for four key products and published the reports on the rare earth EPD platform. From raw material sourcing and manufacturing to logistics, transportation, and end-use, carbon emissions at every stage are precisely quantified and fully traceable.

Relying on standardized carbon footprint reports and EPD certification achievements, the company effectively enhances the green credibility and market recognition of its products, making low-carbon attributes a powerful credential for competing in domestic and international markets.

Optimizing Energy Structure to Widen Low-Carbon Development Pathways

The company continuously optimizes its energy mix, vigorously increasing the proportion of clean energy usage. By implementing distributed solar photovoltaic power station projects on factory rooftops and parking lots, it boosts the substitution of new energy for traditional energy in production and operational processes, effectively reducing carbon emissions. This accelerates the transition of the company's energy consumption towards low-carbon and clean sources from the supply side.

Concurrently, the company actively explores the application of new equipment and processes for energy conservation and carbon reduction, introducing an oxide rotary kiln with superior performance in ultra-low natural gas consumption per unit. It is also simultaneously advancing the replacement of low-efficiency motors with high-efficiency ones. After deploying the new equipment, natural gas consumption per unit has been reduced by over 40%, effectively cutting carbon dioxide emissions.

Through the ongoing iteration and upgrade of process equipment, the company not only reduces resource and energy consumption per unit of product but also significantly curtails carbon emissions from the production source, achieving a win-win for both economic and environmental benefits.

By conducting product carbon footprint accounting to clarify the carbon emission baseline, investing in distributed photovoltaics to optimize the energy structure, and iteratively updating energy-saving equipment to deeply tap carbon reduction potential, the company synergistically advances multiple measures. This integrated effort has resulted in a steady year-on-year decline in the company's carbon emission intensity. This emission reduction achievement stems from innovations in green management concepts, breakthroughs in low-carbon technology, and the transformation of production models, solidifying the foundation for the company's sustainable development.

Moving forward, the Smelting Division (East West Company) will systematically review and summarize its current green development achievements, solidify mature working practices, and continue to delve deeply into the field of energy conservation and carbon reduction. It will coordinate efforts in technological innovation, energy structure optimization, and lean management across the entire process, steadfastly following the path of green and low-carbon development. The company is committed to fully realizing the transformation of "carbon" into value and achieving green efficiency gains, writing a new chapter in low-carbon transformation on its journey towards high-quality development.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment