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[Alpha Biz=(Chicago) Reporter Paul Lee] Ssangyong C&E, South Korea's No. 1 cement company, will invest 800 billion won in facilities to reduce environmental pollution generated during cement production.
Ssangyong C&E announced on the 6th that it will invest 500 billion won in improving the process by 2030, including 140 billion won in replacing fuel and improving productivity, 160 billion won in improving the performance of the dust collector, and reducing nitrogen oxide. Through this, carbon emissions will be reduced by more than 25% in 2030 and 53% by 2050 compared to 2018.
First of all, we invest to find a way to replace fossil fuels in the firing process. The firing process uses fossil fuels to extract raw lime, a major manufacturing material for cement, from limestone, which emits a large amount of carbon. The company has already completed its first investment of 220 billion won to build related facilities and infrastructure by last year. This has raised the replacement rate of fossil fuels to more than 25%. It plans to invest 140 billion won more in the future to further reduce fossil fuel use.
It also invests in securing high-performance dust collector that will increase the dust collection rate of cement powder to 80-90% or more in manufacturing process. Additional carbon reduction will be carried out by introducing carbon capture technology specialized for cement processes.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
