BlueScopeX Sponsors Initiative to Advance Innovation in Green Construction Across ASEAN
May 21 2024 - 10:54AM
Business Wire
BlueScopeX, the corporate venture capital arm of BlueScope, is
joining the Australia Green Economy Innovation Challenge (AGEIC)
program organized by Enterprise Singapore to drive funding and
development of innovative technologies to deliver sustainable
transformation in construction. BlueScope is a global leader in
metal coating and painting products for use in the building
industry.
AGEIC, launched in late April 2024, brings together start-ups
and SMEs to collaborate with major Australian companies across key
sectors including Built Environment, Food and Agriculture, and
Transport and Logistics, all intending to solve critical
sustainability challenges. BlueScopeX will consider proposals for
new solutions to fundamentally improve the thermal performance,
carbon footprint, and general sustainability of industrial and
commercial buildings through better design, products, systems, and
installation methods. This scope covers all stages of the building
lifecycle, from conceptual design through to construction,
operation, and even deconstruction.
Interested start-ups and SMEs are welcome to present detailed
proposals of their idea, showing how their new technologies
revolutionize the design and construction of industrial and
commercial buildings so that they are greener and more efficient.
Successful applicants will qualify for funding sponsored by
BlueScopeX to go on and realize the development of their
innovations. They will also have access to BlueScope’s industry
expertise, as well as the company’s network and connections.
In ASEAN countries, BlueScope is already accelerating its own
transformation in shifting to more sustainable business practices.
The company has optimized paintlines at its manufacturing plants,
to allow greater heat recovery and energy efficiency. Similarly, a
redesign of the production line has permitted BlueScope to recycle
the steam from boilers to save water. Further around 5,000 tons of
water are saved annually through rainwater harvesting systems in
place at manufacturing facilities, and a total of 20 MW solar power
capacity is installed to help boost the adoption of renewable
energy.
BlueScope creates and inspires smart solutions in steel. Its
headquarters are in Australia, and the company runs over 160
operation sites in 16 countries, with 16,500 employees globally. In
the ASEAN region, the company has had a local manufacturing
presence since 1965, which includes operations in Indonesia,
Malaysia, Singapore, Thailand, and Vietnam. BlueScope markets a
wide range of branded products that include pre-painted COLORBOND®
steel, zinc/aluminum alloy-coated ZINCALUME® steel, as well as the
LYSAGHT® range of building products.
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James Li | Vice President, Business Transformation, NS BlueScope
Pte. Ltd. T +65 6832 3512 | M +65 9626 2750 E
james.li@bluescope.com | W www.nsbluescope.com A 238B Thomson Road,
#17-01 Novena Square Tower B, Singapore 307685