Environment-Contributing Facility at YAMANASHI SEKISUI CO., LTD. Commences Operation
May 29, 2019
SEKISUI CHEMICAL CO., LTD.
SEKISUI CHEMICAL CO., LTD. (President and Representative Director: Teiji Koge; hereinafter “SEKISUI CHEMICAL”) announces that its consolidated subsidiary YAMANASHI SEKISUI CO., LTD. (head office and plant: Kofu, Yamanashi Prefecture; hereinafter “YAMANASHI SEKISUI”)—which manufactures and sells injection, extrusion and blow molded products—has become the first SEKISUI CHEMICAL Group location in Japan to introduce a large-scale solar power generation equipment for in-house use. At the same time, its hydraulic injection molding machine has been renewed to use electric machines and servomotors.
The SEKISUI CHEMICAL Group has set a target of reductions in greenhouse gas emissions of at least 6% compared to fiscal year 2013 (actual CO2 emissions in fiscal 2013 was 942,000 tons) in our Environmental Medium-Term Plan “Sekisui Environmental Sustainability Plan: Accelerate” (Fiscal 2017-2019).*1 To achieve this target, SEKISUI CHEMICAL has set up an energy saving investment incentive program providing 12 billion yen to promote the introduction and renewal of equipment effective in reducing greenhouse gas emissions. The introduction of solar power generation equipment and renewal of the hydraulic injection molding machine at YAMANASHI SEKISUI this time made use of this incentive program. As a whole, the Group expects to reduce annual emissions of CO2 by 30,000 tons. For setting long-term greenhouse gas reduction targets by fiscal 2030, the SEKISUI CHEMICAL Group became the first in the chemical sector to attain SBT Initiative certification*2 in June last year.
Initiatives of YAMANASHI SEKISUI
(1) Introduction of large-scale solar power generation equipment for in-house use
YAMANASHI SEKISUI introduced a large-scale solar power generation equipment for in-house use in April 2019 as a measure for reducing environmental impact. This solar power generation equipment is expected to generate at least 700MWh per year, and YAMANASHI SEKISUI will use the generated electricity for in-house use at its head office and plant. The generated electricity amounts to approximately 6% of YAMANASHI SEKISUI’s annual electricity consumption. In addition, this initiative is expected to reduce greenhouse gas emission by approximately 350 tons of CO2 each year.
While SEKISUI S-LEC AMERICA , LLC. (head office and plant: Winchester, Kentucky, United States), a consolidated subsidiary in the United States, was the first within the SEKISUI CHEMICAL Group to introduce solar power generation equipment for the purpose of in-house use last year, this is the first time within Japan that this initiative is being introduced.
(2) Renewal of hydraulic injection molding machine
At YAMANASHI SEKISUI, the renewal of the hydraulic injection molding machine to use electric machines and servomotors started from fiscal 2017, and was completed in May 2019. At the same time, with the introduction of an energy management system, the energy consumption of molding machines and other utility equipment (such as ventilation fans) can be checked in real time. Through early discovery and control of unnecessary electricity consumption, it became possible to reduce annual electricity consumption by approximately 27%. In addition, this initiative is expected to reduce greenhouse gas emission by approximately 2,400 tons of CO2 each year.
*1 Please see “SEKISUI CHEMICAL Group Environmental Midterm Plan Progress” dated June 20, 2018.
*2 Please see “SBT Initiative Certification for Green House Gas Reduction Targets (First in the Chemical Sector)” dated June 20, 2018.
About SEKISUI CHEMICAL Group
Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. 26,000 employees in over 200 companies throughout 21 countries aim to contribute to improving the lives of the people of the world and the earth’s environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Since its foundation in 1947, the SEKISUI CHEMICAL Group has dedicated itself to social and environmental contribution and is now an internationally recognized leader in sustainability and environmental initiatives, having recently been selected as one of the Global 100 most sustainable companies. SEKISUI CHEMICAL Group will continue to maintain a strong corporate presence for 100 years and beyond.
SEKISUI CHEMICAL CO., LTD.
Public Relations Department
This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.