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Home BUSINESSGreenStream inks deal with Chinese company
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Thu, 27 Nov, 2014 12:06:08 AM
FTimes Report, Nov. 27
 
Press Release Photo.
GreenStream on Tuesday signed a cooperation and energy efficiency project contract with Chinese Delong Steel Group and Delong Steel Co Ltd, said a press release. 
 
This energy efficiency project will be carried out at Delong Steel’s Xingtai mill using Sarlin’s world class technology. 
 
The project will significantly decrease the energy consumption by the steel mill’s compressed air system. The signing ceremony in Beijing was attended by Minister of Environment Sanni Grahn-Laasonen, Li Ganjie, vice minister of Chinese Ministry of Environmental Protection, and Guo Liqiao, deputy director general of the Department of Building Energy Efficiency of Ministry of Housing and Urban-Rural Development.
 
The contract enables Delong Steel Co Ltd to implement its first energy efficiency project with Finnish technology, and adds new technology partner to GreenStream portfolio. GreenStream has been active in China’s energy efficiency market for years, and the new project brings a major reference to GreenStream. 
 
“Expanding our business to steel sector is an essential part of an accelerated roll-out of our energy efficiency services in China. We are targeting a fast growth and Sarlin’s world-class solution is a perfect addition to our technology portfolio. The core of our concept is to find the best and most robust solutions for our Chinese clients,” said Dr. Jussi Nykänen, CEO of GreenStream.
 
For Sarlin Oy this project will bring the ground-breaking reference in China. Sarlin is a Finnish company specialised in industrial compressed air, automation, and sustainable energy technology. 
 
The system to be provided to Delong Steel’s Xingtai mill, called Sarlin Balance, will monitor the compressors, keep their pressure in balanced level and give information on how the compressed air system works in the factory. 
 
“We are honoured that we are can provide our system to such a technologically-advanced company like Delong Steel. Our system will improve the quality of compressed air, facilitate the maintenance of compressors and bring remarkable energy savings to the client,” said Kari Jäminki, CEO of Sarlin Oy.
 
The project development phase has been part of Team Finland’s pilot project called “Energy Efficiency Solution Business Concept for the Chinese Industrial Market” (EFFI), which is led by GreenStream and financed by Tekes, the Finnish Funding Agency for Technology and Innovation. With the support of EFFI, Finnfund, Tekes and its technology partners, GreenStream looks forward to further expanding its energy efficiency portfolio in 2015.
 
 
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