PROTON SIGNS PACT WITH UEM EDGENTA TO GO GREEN

December 26, 2018 Press Release No Comments

Energy Efficiency Initiatives Would Result in Savings of 13% in Energy Consumption Across 2 Facilities

KUALA LUMPUR, 26 December 2018 – PROTON, the national car maker has engaged UEM Edgenta Berhad (“UEM Edgenta”), the leading Asset Management and Infrastructure Solutions company in the region to manage and implement energy efficiency initiatives (“Energy Performance Contract” or “EPC”) over a period of seven (7) years.

UEM Edgenta will be optimising PROTON’s Centre of Excellence (“COE”) located at the Sime UEP Industrial Park and at its Tanjung Malim manufacturing plant. The optimisation initiatives includes lighting retrofit, chiller replacement, installation & optimisation of their Compressed Air System and installation of a Cloud and IOT sensor-based Energy Monitoring System at both facilities. It also includes a comprehensive maintenance and service on all equipment under the contract.

The Energy Performance Contract will deliver energy efficiency, in which PROTON would be able to reduce a minimum of 30% of total energy consumption at the PROTON COE and 10% of total energy consumption at its Tanjung Malim plant, which translates into savings of no less than RM3.0 million per annum. This equates to 4,800 kg of greenhouse gas emission per year.

In addition to the environmental factor, this initiative is also expected to reduce PROTON’s overall operational costs, once the automaker increases its operational hours due to the expected increase in car production volume, which will start next year.

According to Dr. Li Chunrong, Chief Executive Officer of PROTON, “One of the key principles of Industry 4.0 is the importance of making better things while making things better – and this initiative will not only allow PROTON to grow in a positive manner via our plant expansion as well as product development, but it allows us to do so in a way where we reduce our overall carbon footprint. This is in line with our forward direction of using technology to grow PROTON’s overall presence in the region”

“Given the increasingly competitive landscape, we see more and more automotive and heavy industries looking beyond core manufacturing processes for efficiency improvements. Today, going green and being environmentally and socially responsible is not only the right thing to do, it makes good financial sense too. The EPC concept of shared savings helps companies overcome upfront capital commitment with fast results. UEM Edgenta, is committed towards bringing advanced technology and solutions to drive sustainability, energy savings, and cost savings for the national car maker.”, said Dato’ Azmir Merican, Managing Director/Chief Executive Officer of UEM Edgenta.