Developed by:
Technical Assistance Funds are provided by:

EBRD Shareholder Special Fund


EQUIPMENT MODERNISATION AT CHROMIUM CHEMICAL PRODUCER.

May 2012

CHEMICAL COMPANY INVESTS IN EQUIPMENT MODERNISATION TO IMPROVE COMPETITIVENESS AND PROTECT THE ENVIRONMENT

A leading chromium chemical producer of Russia asked RuSEFF experts to conduct an energy assessment to identify cost-effective energy saving opportunities.


Following an in-depth energy assessment the experts identified a number of energy saving opportunities that would pay for themselves within a relatively short period of time. Outdated air compressors and steam boilers could be replaced with modern, higher-performing equivalent models, while variable speed controllers could be fitted to regulate the output of several motors.

The investment of around USD 2,6 m will result in electricity and natural gas savings worth more than USD 900,000 per year and lead to a reduction in annual CO2 emissions of more than 13,000 tonnes.




 

 

Company

Economic sector Chemical Industry
Region Sverdlovsk region


Project Goal and Main Investment

Project goals
  • Reduction of energy consumption & cost
  • Improving environmental standards
Main investments
  •  New steam boilers
  •  New air compressors
  •  Variable speed drivers
Investment size USD 2,580,000

Results

Project Results
  • Annual energy savings:
    equivalent to 65,700 MWh
  • Energy saving ratio:
    25 kWh per year, per USD invested
  • Annual emissions avoided equivalence:
    more than 13,000 tonnes of CO2
Financial viability
  • Annual cost savings: USD 909,323
  • Payback period: 2.8 years
  • IRR: 33.8 %