With a view to creating “eco + prosperity,” LCY Chemical Corp. has adopted the “circular economy” approach for its operation and developed “five cycles of circular economy” as a business model, presenting opportunities for sustainable development.
1. Renewable materials
100% renewable plant-based sources, as a 100% alternative to petrochemical materials
The LCY bio-succinic acid produced by LCY Chemical Corp. is a 100% renewable plant-based material. For every kilogram of bio-succinic acid produced, approximately 100% GHG emissions and 60% energy consumption can be reduced.
2. Renewal of petrochemical materials
Recycling of plastic waste as material. Renewal and recycling of petrochemical products.
The LCY post-consumer recycled plastic contains 40% certified post-consumer recycled plastic, comparable to a 100% crude material in terms of low-temperature resistance and impact resistance. It can be used as a cosmetic packaging material and in the manufacture of sports supports.
3. Renewal of chemicals
100% recycling of IPA waste. Dual-cycle circular economy
IPA waste is recycled and turned into industrial IPA through distillation and purification for downstream clients in the first cycle. Water from liquid waste is fully recycled to be reused by factories in the second cycle.
4. Renewal of resources
Sustainable development of water resources. Use of Taiwan-made MRBs for water reclamation.
Depending on the manufacturing process of the MBR-equipped site, a recycling rate ranging from 60% to 100% can be achieved for water resources, attesting to our technological sophistication.
5. Renewal of energy
Recycling and reuse of thermal energy
External energy is procured (CSC exhaust steam) for energy recycling and reuse. Internal processes are optimized. The duration of incineration is reduced, with excess incineration capacity available for “joint disposal” of Taiwan’s solvent waste.