PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Spotlights Wuhan Iron & Steel Success Story at AISTech 2012 - GE (NYSE: GE) showcased the waste-to-value success story of China’s Wuhan Iron & Steel (Group) Company (WISCO)
GE Spotlights Wuhan Iron & Steel Success Story at AISTech 2012

 

NewswireToday - /newswire/ - Atlanta, GA, United States, 2012/05/07 - GE (NYSE: GE) showcased the waste-to-value success story of China’s Wuhan Iron & Steel (Group) Company (WISCO). NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• GE Showcases Wuhan Iron & Steel Waste-to-Value Solution That Has Saved $32 Million in Annual Savings;
• GE Metals Solutions Features Solutions for Power Efficiency Improvements and Water Usage Reduction at Major Steel Conference.

Today at AISTech 2012—one of the largest conferences of the year for the iron and steel industry—GE (NYSE: GE) showcased the waste-to-value success story of China’s Wuhan Iron & Steel (Group) Company (WISCO). Wuhan’s challenge began shortly after the Chinese government passed stringent legislation to reduce the emissions of steel mill operations.

Collaborating with WISCO, GE was able to turn their challenge into a strategic opportunity by devising an advanced technology solution that captures waste gases from the blast furnace and converts them into usable energy. Sequestering and burning the gases reduces the emissions from the steel-making process, improves reliability and provides a zero-cost fuel source for generating the electricity necessary to operate the mill. In a rapidly growing region bursting with industrial opportunity, Wuhan’s goal is to produce more products while simultaneously lowering its power generation costs and reducing greenhouse gases. Thus far, the waste-to-value solution has been so successful that WISCO has saved $32 million in annual operational savings and reduced CO2 emissions by 2 million tons per year—equal to removing more than 391,000 cars off the road.

The World Steel Association reports that 1.3 billion tons of steel were produced in 2007, and production levels are expected to double by 2050 to meet the growing demand for steel around the world. Since energy constitutes a significant portion of the cost of steel production—from 20 to 40 percent in some countries—improvements in energy efficiency result in reduced production costs and in turn, improved competitiveness.

During this week’s AISTech steel conference at Atlanta’s Georgia World Congress Center, GE Metals Solutions is showcasing this waste-to-value and other solutions including:

• Power efficiency improvements to save more than 10 percent of facility costs.
• Water consumption solutions with 20 to 40 percent usage reduction and 25 to 40 percent in cost-out savings.

GE connects with steel producers everywhere to create viable solutions with the potential benefit to those steel mill customers looking to fulfill this staggering rise in demand.

Focusing on serving the metals industry, GE’s dedicated Metals Solutions organization is working with metals manufacturers to develop innovative solutions in the areas of power, water, automation and electrical distribution.

“The advances made in collaboration with Wuhan Iron & Steel (Group) Company serve as examples of our dedicated approach to the metals industry,” said Keiran Coulton, president of GE Global Industries and general manager of GE Metals Solutions. “We’re bringing the diverse GE product and service portfolio together, creating synergies specific to the metals industry and working with global manufacturers to take advantage of our vast research and development capabilities to help evolve the industry.”

GE Metals Solutions is a sponsor of AISTech 2012 and will spotlight the addition of Power Conversion—formerly known as Converteam—to the portfolio.

For more on the Wuhan Iron & Steel (Group) Company story, please visit ge-spark.com/wuhan. Or, stop by the GE Metals Solutions booth at the Georgia World Congress Center (#1035).

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.

Follow GE Energy on Twitter @GE_Energy.

PRESS Contacts
Joseph Campbell, Edelman
P: +1 404 832 6789 / E: joseph.campbell[.]edelman.com.

GE news, Masto Public Relations - E: information[.]mastopr.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE Spotlights Wuhan Iron & Steel Success Story at AISTech 2012

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center |
Publisher Contact: David Harris - GE.com 
678-844-7708 david.e.harris[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Energy Most Recent Related Newswires:

GE Renewable Energy to Equip First Commercial U.S. Integrated Solar-Wind Hybrid Project
GE’s Gas Engine Technology Provides Cost-Effective, Grid-Stability Solution for Cameroon Poultry Hatchery
Venture Global LNG Selects GE Oil & Gas Advanced Technology Plant-wide Solution for LNG Export Facilities Under Development in Louisiana
SolarWinds Unveils the Next Generation of IT Troubleshooting at Cisco Live EMEA 2017
SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification
GE & HEI Achieve Major Milestone with First Fire of HA Gas Turbine At Bhikki Power Plant
Aluminium of Greece Collaborates with GE to Drive Efficiency Using Predix*-based First-of-their-kind Digital Smelter Solutions
Enel Green Power Gives Renewable Energy to New Paediatric Surgery Hospital in Uganda
GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK
Turkey's First Digital Power Plant Powered by GE & GAMA Energ
Enel Promotes Italian Solutions in the Residential Storage Market
GE Provides Generator Services and Monitoring Solutions to Suez-Tractebel Operation & Maintenance Oman LLC

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)