2016-07-14
The project was granted a concessional loan of RMB 60 million yuan on March 4, 2016. The project will introduce advanced equipment, conduct technological transformation of the casting room, substitute natural gas for coal in kilns and adopt the state-of-art static pressure molding production line, to significantly reduce the emission of dust, carbon dioxide and sulfur dioxide while meeting the production demands of the enterprise. The project belongs to the category of energy saving and efficiency improving. It will leverage RMB 160 million yuan of private funds. Once put into operation, it is estimated to reduce greenhouse gas emission by 35,745 tCO2e annually.
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