PDI joins forces with DIW to set up industrial waste management treatment centers, aiming to support sustainable business.

19/04/2016

PDI and DIW have signed an MOU to study the feasibility for the creation of industrial waste management centers aiming to develop recycling and industrial waste management business, based on advanced highly innovative technologies, in compliance with the Ministry of Industry’s 5-year National Industrial Waste Management Plan to resolve industrial waste concerns across the country. The signing ceremony of the Memorandum of Understanding (MOU) on the feasibility study for the establishment of industrial waste management centers between the Department of Industrial Works (DIW) and Padaeng Industry Public Company Limited or PDI was held on April 19, 2016 at DIW. Mr. Pasu Loharnchun, Director-General of DIW and Mr. Arsa Sarasin, Chairman of PDI, together with Mr. Francis Vanbellen, Managing Director, signed the MOU on behalf of DIW and PDI. After the MOU signing ceremony Mr. Arsa Sarasin, Chairman of PDI, revealed to the press, that PDI’s objective is to create sustainable eco-business, with emphasis on integrated industrial waste management in Tak and material recycling and recovery in Rayong. Both projects are joint ventures with world’s leading companies experienced in recycling and industrial waste management. PDI will deploy advanced, innovative and environmental friendly technologies and processes in both projects. Upon signing of MOU, DIW will cooperate and support the projects by providing industrial waste information and legal and policy advice to ensure industrial waste will be managed in compliance with regulations, and in a harmless manner to communities and environment as well as to facilitate smooth project implementation. This support will strongly contribute to PDI’s confidence on achieving investment and business operation goals. The industrial waste management project in Tak will target industrial waste in the Northern and Western regions of Thailand. The project which will be implemented under high environmental and safety standards is located in the strategic area as identified in the Strategic Plan of the Department of Industrial Works. The project in Rayong is focused on recovery of metals from industrial waste such as EAF dust and various other metal and plastic containing recyclables. The waste will be processed using ultra-high-temperature based innovative proven technologies from leading recycling companies in Europe which have not been deployed yet anywhere in Asia. PDI has gained exclusive rights to deploy such technologies. Prefeasibility financial and marketing analyses of the projects have been completed and detailed studies including technical design are ongoing. The conceptual design will be completed before the end of 2016 and commercial operations are expected by the end of 2018. PDI’s integrated industrial waste management projects will take into account international standards where processes are managed in an environmentally sound manner to support resource optimization and help mitigate recurring problems from illegal industrial waste dumping and export. In addition, the projects will serve the National Industrial Waste Management Plan 2015-2019 on identification of strategic areas to accommodate industrial waste for the whole country. General Information Padaeng Industry Public Company Limited, or PDI, was founded April 10th, 1981 and introduced at the Stock Exchange of Thailand with a registered capital of Baht 2,260 million. The Company has produced high quality zinc for over 30 years. It has specialized in producing special high-grade zinc ingot and zinc alloys used in the galvanizing and die-casting industries. In 2014, PDI reassessed its business structure in anticipation of a shift towards Green Business, with the objective to increase eco-efficiency and to foster sustainable growth. The company is structured around three businesses: PDI Energy – providing energy from renewable resources; PDI Materials – providing added value materials from recycling; and PDI Eco – providing raw materials from waste and eco management of waste.