For Environmental Enhancements and Cost Savings
using Green Technology from General Electric
Bangkok, 27 September 2553 -- GE Thailand together with IRPC (Public) Co. Ltd and Gulf Electric Company Limited have implemented technologies in projects that have won GE's Ecomagination award by sustaining and reducing water use and energy impact on the environment in and around their facilities for the past five years.
GEPresident for Thailand and Laos, Mr. Pornlert Lattanan said that "Ecomagination is GE's corporate-wide sustainable business strategy. The program was created to address customer challenges such as the need for cleaner, more efficient sources of energy, reduced emissions of greenhouse gases (GHG), abundant sources of clean water and to improve water reuse for environmental sustainability, while at the same time increasing revenues from ecomagination products."
Lattanan continued, "Our employees, including Country Manager for Thailand, Vietnam and Singapore Ms Kanmanee Wattana-u-domsin, have embrassed this program by working with customers to ensure they are leveraging the benefits of Ecomagination and that those benefits are translated into profitable growth for our customers."
Lattanan noted that GE's investment in Ecomagination certified technologies and solutions continues to increase and in 2009 was estimated at $1.5 billion. GE is also a recipient of the benfits of Ecomagination technologies and has already achieve significant results in reducing GHG emissions and improving the energy efficiency of its operations, as well as reducing water consumption and implementing water reuse practices.
Chief Sustainability Officer and Ecomagination Director for GE Power & Water's Water & Process Technologies business, Jeff Fulgham stated that GE is leveraging the Ecomagination awards and engaging its customers as environmental partners in order to achieve sustainable corporate responsibility while demonstrating significant environmental and economical performance improvements. This enables our customers to strike a balance between today's environmental, industrial and sustainability challenges.
Mr. Fulgham added that GE and its customers had partnered to help transform and enhance efficiencies, enabling safe energy exploration, a reduction in costs and to manage and overcome challenges. "We're enabling our customers to succeed in an ever-evolving industry by supporting increased industrial innovation, productivity, environmental responsibility and community well-being," he said.
IRPC (Public) Co. Ltd President Dr Pailin Chuchottaworn said, "Innovation and a commitment to reducing environmental challenges and increasing sustainable green energy to the community are both stamps of the way we do business at IRPC. Partnering with GE Water for more than 10 years provided an excellent opportunity in the treatment of our process water."
"We managed to reduce water usage by 10 percent and improve water reuse, reduce GHG emissions by 1,300 tons and improve the energy efficiency of operations to over 10,500 gigajoules, which is equivalent to a 735 million baht saving in expenses. Last year alone, IRPC managed to save up to 432 million baht and this money has been used to aid the community through our "Care and Share" campaign. At IRPC we believe in a three-pronged approach so that business, the community and the environment should grow in the same direction in order that we may have a sustainable economy," Dr Pailin Said.
President of Gulf Electric Co. Ltd Sarath Ratanavadi said that Gulf, a major independent power producer, had been participating in GE's Ecomagination campaign for the past five years. "We have made significant improvements in reducing water usage by 5 million cubic meters and have improved water reuse by approximately 26,500 cubic meters, reduced toxic waste by 1,460 tons and have improved the energy efficiency of operations equivalent to an economy saving of 19 million baht," he said.
"At Gulf, we believe in fostering a bilateral relationship between business and the community and thus far we have been bringing innovative technologies to manage the use of natural resources such as water while at the same time reducing waste in order to sustain community welfare. For the past two years, our Nong Khae Cogeneration, Samut Prakarn Cogeneration, and the Nong Khae Cogeneration 2nd site have been working closely with GE to implement Ecomagination technologies and have successfully reduced wastewater and toxic waste by 19,460 cubic meters. We are confident that together we will be able to sustainably manage natural resources, the environment and our business."
About IRPC
IRPC Public Company Limited or IRPC (Company) formerly Thai Petrochemical Industry Public Company Limited or "TPI" registered in 1978 by Leophairatana family. TPI had been transformed to a public company limited on October 10, 1994 and listed on the SET on March 17, 1995. IRPC started to produce applications of petroleum and petrochemical products in 1982 and expanded its line of production of various petrochemical products. It expanded the plant and infrastructures for fully integrated petrochemical complex. IRPC was suffered from financial crisis in 1997and had entered into rehabilitation process in 2000. The rehabilitation was successful in April 26,2006.
IRPC and its subsidiaries are currently the first fully integrated petrochemical complex in Southeast Asia. IRPC's plants are located in an industrial area in Rayong Province with facilities to support the businesses such as deep sea port, tank farm and power plant
About Gulf
Gulf Electric Public Company Limited is engaging in electricity generating and development. The company was established on 22 September 1994 as an investment vehicle for the development of power plants to participate in the government's privatization policy of the power sector in Thailand, namely the Independent Power Producer (IPP) and the Small Power Producer (SPP) programs. After 16 years of establishment, Gulf Electric Plc. has become one of the leading private companies to generate electricity. At present, the company has 5 projects which comprise of Nong Khae Cogeneration, Samutprakarn Cogeneration, Gulf Cogeneration and Gulf Power Generation (Kang Khoi 2) which are natural gas power plants and Gulf Yala Green which is biomass power plant from parawood.
Gulf Electric Plc. is committed to conducting its business in conformity with good corporate governance, local culture, and relevant environmental laws and regulations. The company has
strong commitment to social support and environment protection with the policy to establish long-term partnership and promote sustainable co-existence with the community.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, health care solutions, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying Technologies that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $37 billion, GE Energy www.ge.com/energy is one of the world's leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy---GE Power & Water, GE Energy Services and GE Oil & Gas---work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels
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