Albemarle Corporation

At a Glance

Industry

Industrial Goods and Manufacturing

Project Types

Clean and Renewable Energy, Data Analysis, Supply Chain

Year

2024

Location

Meishan, Sichuan

Summary

In the summer of 2024, fellow Yuxi Liu from Huazhong University of Science and Technology joined Albemarle to propose feasible recommendations to advance sustainable development.

Goals

Albemarle's lithium hydroxide project in Sichuan is a key part of Albemarle Corporation's strategic footprint in the Asia-Pacific region and represents their largest fixed asset investment in China to date. Operating the Meishan facility under strict safety standards, Albemarle aims to establish an intelligent, modern, and green chemical plant.

Solutions

Yuxi is responsible for interpreting carbon accounting standards and ESG reports, conducting carbon accounting research, and simultaneously proposing improvement suggestions and plans. The projects undertaken are broken down as follows: Project 1: Carbon accounting standards & Albemarle 2023 ESG report; Project 2: Carbon accounting research; Project 3: Lithium Concentrate Import Route; Project 4: Vehicle replacement; Project 5: Solar photovoltaic design; Project 6: Compressor Waste Heat Recovery

Potential Impact

Yuxi Liu helped Albemarle establish a more accurate carbon emission calculation model and assessment system and proposed practical measures for emission reduction. These recommendations have helped the company optimize energy use and improve the overall environmental performance of the factory, while also reducing logistics costs and effectively minimizing the carbon footprint of transportation.

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