XINGDA Brings Out Its Second Annual Sustainability Report For 2022

XINGDA Brings Out Its Second Annual Sustainability Report For 2022

XINGDA, one of the world’s largest manufacturers of steel tyre cords, has unveiled its second annual sustainability report for 2022, showcasing its latest strides in its sustainability endeavours. Notably, a significant portion of its shipped volume in 2022, at 32.89 percent, consisted of super-high or ultra-high tensile strength steel cord—a crucial component for electric vehicle (EV) tyres—reflecting XINGDA’s commitment to a greener product lineup, said the company.

Remarkable progress has also been made in reducing carbon emissions per ton of steel cord produced. In comparison to 2021, there was an impressive 18.31 percent reduction in carbon emissions, marking substantial headway in fulfilling their carbon reduction pledge. This commitment has garnered certification from the Science Based Targets initiative (SBTi).

Addressing the evolving demand for recycled feedstock from tyre manufacturers, XINGDA embarked on trials to create steel cord and bead wire from wire rods produced through the Electric Arc Furnace (EAF) process, incorporating up to 40 percent scrap steel. With plans to enhance the ratio of scrap steel, the company is set to commence deliveries of products made from EAF-based wire rods to clients in 2023.

Environmental and social impact assessments have been extended to all key suppliers, a pivotal move by XINGDA to foster a sustainable supply chain. The company achieved a significant feat by providing sustainable procurement training to all procurement personnel.

In community and human capital development, XINGDA’s workforce received an average of 21 hours of training per person in 2022. By 2025, the company aspires to elevate this figure to an average of 40 hours of vocational training annually for each employee.

XINGDA’s commitment to sustainability has been acknowledged through a “B” rating on the CDP Climate Change Questionnaire. Additionally, XINGDA stood out as the exclusive recipient within its industry peers in the CSA Yearbook 2023 China Edition, a compilation by S&P that recognizes exceptional Corporate Sustainability Assessment (CSA) performance among publicly traded companies in China.

Comments (0)

ADD COMMENT

    Ecolomondo’s New Milling Line Achieves Major Milestone

    Ecolomondo’s New Milling Line Achieves Major Milestone

    Ecolomondo Corporation, a leading Canadian innovator in sustainable scrap tyre recycling technology, has announced that its new milling line at Hawkesbury facility has achieved a major milestone during recent testing by reaching a throughput of approximately 2,700 lbs per hour of recovered carbon black (rCB). This result surpasses the company’s projected target of 2,200 lbs per hour.

    When the new milling line is completely operational, it should be able to process 2,200 pounds of rCB per hour and provide a particle size distribution of 96 percent between 10 and 15 microns. It is anticipated that the plant would process more than 1.5 million scrap tyres annually, recovering 1,350 MT of process gas while producing 4,500 MT of recovered carbon black, 5,400 MT of oil and 2,250 MT of steel.

    The company expects the commercial production of rCB to start by the end of May 2025. After being contacted, offtake clients told the company that they were eagerly expecting a larger supply of steel, oil and rCB, said the company. Depending on end-product market pricing, the company's yearly income from the sale of these sustainable goods plus tipping fees of USD 145 per metric tonne is expected to reach USD 12.1 million, with an estimated EBITDA of 45 to 50 percent, added the company statement.

    Jean-François Labbé, Interim CEO, Ecolomondo Corporation, said, “This is a major achievement that brings the Hawkesbury facility closer to full production and commercialisation.”

    Comments (0)

    ADD COMMENT

      Orion Launches Bio-Circular Carbon Black For Sustainable Coatings

      Orion Launches Bio-Circular Carbon Black For Sustainable Coatings

      Global speciality chemicals company Orion S.A. has launched a new bio-circular carbon black called ECOLAR 50 POWDER to provide coatings manufacturers with a new solution for more sustainable coatings.

      ECOLAR 50 POWDER, which is entirely based on bio-circular feedstock, has coloristic qualities that are on par with those of ordinary speciality carbon blacks and includes 100 percent biogenic raw material according to 14C analysis. The coloristic qualities of ECOLAR 50 POWDER, a low to medium colour furnace black, offer moderate tinting strength and medium jetness in mass tone applications. ECOLAR 50 POWDER offers equivalent coloristic performance for full-tone and tinting applications, as well as comparable wetting and dispersion characteristics to conventionally manufactured low-colour furnace blacks.

      ECOLAR 50 POWDER outperformed other common specialist carbon blacks in achieving medium jetness in a solvent-borne alkyd/melamine stoving enamel system. It created a similar neutral undertone as well. When tested in a water-borne 1K PU coating system, ECOLAR 50 POWDER created a more neutral undertone and jetness that was on par with other regular speciality carbon blacks.

      Tilo Lindner, Vice President Global Marketing – Speciality Carbon Black, Orion, said, “We’re leading the way in advancing carbon black to meet increasing industry demands for sustainable products. ECOLAR 50 POWDER enables coatings formulators to develop truly sustainable products in all kinds of coatings applications.”

      Comments (0)

      ADD COMMENT

        LD Carbon Opens Korea's First And Largest Tyre Pyrolysis Plant

        LD Carbon Opens Korea's First And Largest Tyre Pyrolysis Plant

        LD Carbon has inaugurated Korea’s first and largest waste tyre pyrolysis plant in Dangjin, South Korea.

        Located in the Dangjin Hapdeok General Industrial Complex, the plant is expected to begin full-scale operation next month. The plant is spread over 29,800 square metres and features two factory buildings and five silos. The plant has an annual capacity to process 50 kilotonnes per annum (ktpa) of tyre chips derived from end-of-life tyres (ELTs).

        At the location, LD Carbon uses a two-step pyrolysis process, first turning ELTs into solid char and pyrolysis oil. After that, the business uses a secondary pyrolysis process to further compress the char and create recovered carbon black (rCB). It is anticipated that the Dangjin facility would generate 20 ktpa of rCB and 24 ktpa of pyrolysis oil, which is a substantial increase above the combined output of 7 ktpa at its current pilot plant in Gimcheon. When compared to traditional carbon black, the rCB generated by the technique is said to lower carbon emissions by up to 32 ktpa.

        The company is planning to build plants overseas and intends to join the Asian market soon. It has also struck a 10-year offtake deal with SK Incheon Petrochem for its pyrolysis oil.

        Comments (0)

        ADD COMMENT

          LANXESS India Organises First Solutions Day Event In Mumbai

          LANXESS India Organises First Solutions Day Event In Mumbai

          Speciality chemicals company LANXESS India organised its first exclusive Solutions Day event in Mumbai today to showcase its diversified and sustainable product portfolio to customers and other key stakeholders.

          The event was organised to promote the idea of ‘One LANXESS’, where its business units – namely Advanced Industrial Intermediates, Flavors & Fragrances, Inorganic Pigments, Liquid Purification Technologies, Lubricant Additives Business, Material Protection Products, Polymer Additives, Rhein Chemie and Saltigo – displayed their distinctive products and solutions at the event. It provided an opportunity to highlight the cross-business synergies that characterise LANXESS' integrated approach and to present the company's cutting-edge solutions designed for a variety of industrial applications.

          Three main business sectors, namely Advanced Industrial Intermediates, Speciality Additives and Consumer Protection Products, are currently the emphasis of LANXESS's strategy shift from a polymers to speciality chemicals company. In order to improve the value provided to clients, the event sought to promote cooperation and creativity across these various business divisions. In order to promote knowledge exchange, discover possible areas for collaboration and capitalise on the capabilities of each business unit to propel overall development and success, the day included interactive workshops, technical presentations and networking opportunities.

          Namitesh Roy Choudhury, Vice Chairman & Managing Director, LANXESS India, said “Our goal with Solutions Day is to strengthen our existing partnerships and explore future collaborations that support sustainable industry growth. Through this event, we want to highlight LANXESS’ integrated offerings to all our stakeholders and address the global industrial challenges through the combined power of sustainable chemistry, innovation and responsible business.”

          Comments (0)

          ADD COMMENT