China Steel Corp (中鋼), the nation’s biggest steelmaker, will show how it has contributed to reducing carbon emissions and recycling waste material at a green technology show slated to open today.
“Car makers are trying to make their cars lighter to save energy. Therefore, China Steel has created high-intensity steel for vehicles,” Andrew Sung (宋志育), vice president of the company’s production division, told CNA on Saturday.
This type of strong steel can be made thinner, which can help reduce the weight of a vehicle by 10 percent. The weight loss will lead to a 6 percent to 8 percent decrease in gasoline consumption, he said during the run-up to the Taiwan International Green Industry Show (TiGiS), which runs through Thursday.
In addition, the company has developed high-quality electrical steel that can enhance motor efficiency. Each tonne of such steel is able to reduce carbon dioxide emissions by 1.51 tonnes, Sung said.
China Steel, in which the government has a stake, also supplies its surplus steam to 11 neighboring factories at a relatively low cost, which greatly reduces these factories’ use of their boilers.
“We supplied a total of 2 million metric tonnes of steam to these companies last year, which can be translated into 440,000 metric tonnes in carbon cuts per year,” he said.
The company also produces 13,500 metric tonnes of pure water made from wastewater on a daily basis.
Meanwhile, the steelmaker has been working to turn its other by-products of the iron-smelting process — slag and coal tar — into valuable assets.
Sung said that using slag to make cement could reduce carbon emissions by 1.4 tonnes, while coal tar could be processed for use in lithium batteries used to power electric vehicles.
“The transformation has hugely increased the value of our coal tar, as it is now 60 times more expensive than before,” he said.
China Steel will display these technologies at the TiGiS, which will have a total of 180 companies occupying some 320 booths.
Separately, a forum on solar power that will take place in Taipei tomorrow and on Wednesday, the biggest ever held in Asia, is expected to bolster the development of Taiwan’s green energy industry, according to the organizers.
This year’s Taipei Summit and PV Taiwan Forum, which is aimed at helping improve solar energy cooperation between Taiwan and other Asian countries, will be attended by dozens of officials from the Philippines, Thailand, Vietnam, Malaysia, Singapore and Germany, the Bureau of Foreign Trade said in a recent statement.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”