CSC to Invest in Plate Mill Modernization Project
Taiwan’s largest steelmaker China Steel Corporation announced that it will invest TWD 801 million (USD 29 million) to launch Rolling efficiency enhancement of the main motor of the plate rolling mill project. The purpose is to enhance the capacity and capability of plate rolling mill’s main motor, promote the stability of production and equipment operation, improve product quality and high-grade steel plate production technology, and it will help developing high strength steel plates for wind-power and national defense industry. This project will commence on June 1, 2021 and is scheduled for completion on December 31, 2023.
This new main motor driver system will reduce electricity consumption effectively during production processes, saving 1.64 million kWh per year, which is equivalent to reducing CO2 emission of 835 metric tons per year.