Interested? Contact us now
In order to contact us please fill the form on the right or directly email us at the address below
sales@senecaesg.comSouth Korean steel producer Hyundai Steel [004020:KS] and Samsung Electronics [005930:KS] announced on September 27 that the two companies developed a technology to manufacture steel by recycling the latter’s chip […]
South Korean steel producer Hyundai Steel [004020:KS] and Samsung Electronics [005930:KS] announced on September 27 that the two companies developed a technology to manufacture steel by recycling the latter’s chip waste, as reported by the Korean Economic Daily on the same day. The two parties found out that calcium fluoride in the semiconductor waste could be reused as an alternative to fluorite for cooling and removing impurities during the steelmaking process. With this technology, Hyundai Steel estimated that it could save 10,000 tons of imported fluorite annually through using recycled calcium fluoride, and expected to begin cutting its fluorite imports in October as the earliest.
Fluorite used by South Korean steelmakers is all imported, while Hyundai Steel buys about 20,000 tons of fluorite from overseas each year. In August 2020, Hyundai Steel and Samsung Electronics collaborated with South Korean ceramic firm Pos Ceramics to start the research and develop the technology of recycling calcium fluoride from semiconductor waste for steel production. Later, Hyundai Steel claimed that it succeeded in using 30 tons of recycled calcium fluoride to replace fluorite in steelmaking at its Dangjin plant this April. Following that, South Korea’s National Institute of Environmental Research approved this wastewater recycling technology in August this year.
In addition to Hyundai Steel’s saved fluorite imports, Samsung Electronics could also reduce its wastewater discharge by adopting the recycling technology. As references, Samsung Electronics’ two main chip plants use 180,000 tons of water every day for semiconductor production, implying a large amount of wastewater discharge. Therefore, Samsung Electronics has been developing wastewater processing and recycling technologies for years, such as hiring an expert in 2019 to improve its technologies. In early June this year, the UK’s Carbon Trust awarded Samsung Electronics the Triple Standard for carbon, water, and waste, marking the first in the semiconductor industry. Specifically, in 2020, the South Korean company reused about 70m tons of wastewater and cut water usage by more than 10m tons.
Sources:
https://www.kedglobal.com/newsView/ked202109270012
http://www.koreaherald.com/view.php?ud=20210927000796&np=1&mp=1
Monitor ESG performance in portfolios, create your own ESG frameworks, and make better informed business decisions.
In order to contact us please fill the form on the right or directly email us at the address below
sales@senecaesg.com7 Straits View, Marina One East Tower, #05-01, Singapore 018936
+65 6223 8888
Gustav Mahlerplein 2 Amsterdam, Netherlands 1082 MA
(+31) 6 4817 3634
No. 299, Tongren Road, #2604B Jing'an District, Shanghai, China 200040
(+86) 021 6229 8732
77 Dunhua South Road, 7F Section 2, Da'an District Taipei City, Taiwan 106414
(+886) 02 2706 2108
Viet Tower 1, Thai Ha, Dong Da Hanoi, Vietnam 100000
(+84) 936 075 490
Av Jorge Basadre Grohmann 607 San Isidro, Lima, Peru 15073
(+51) 951 722 377