Bangladesh’s leading steelmaker GPH Ispat’s top priority was to protect the environment when it went for a big investment to establish Asia’s first quantum electric arc furnace technology-based plant, which is a modern breakthrough in steel making.
The company started the big expansion plan in 2016 and invested Tk 2,390 crore to establish the modern plant.
This new plant has the capacity to produce 8.40 lakh tonnes of mild steel (MS) billet yearly while the old plant with traditional induction furnaces had the melting capacity to produce 1.70 lakh tonnes of billet.
In addition to this, the new plant has expanded the MS rod producing capacity of the steelmaker, by adding another 6.40 lakh tonnes per year to the already existing 1.50 lakh tonnes rolling capacity from its previous plant.
However, improving the production capacity or ensuring the premium quality products to lead the market was not the only aim behind such a big investment, as the steelmaker actually had a vision for environmental sustainability while establishing a green and world-class plant.
The company’s quantum furnace technology-based plant ensures the production of high-quality steel products with reduced energy.
Then the new plant has a highly complex and advanced exhaust gas purification system to keep the environment clean.
After that, the emission of carbon and dust from the factory is presently less than 5 milligram per cubic metre, which is less than 90 per cent of the standard 50 mg per cubic metre set by the World Bank.
It is also 98 per cent less than the standard of 350 mg per cubic metre set by Bangladesh’s Department of Environment.
It enables the company to reduce natural gas consumption by about 35 cubic metres per tonne against existing steel production practices in the country.
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