Study

Stainless steel circular economy significantly reduces the risk of climate change in Thailand (FOTO) - Seite 3

also in Thailand. Smart recycling creates both economic and environmental
benefits for Thai society. To take full advantage of these benefits, policy
makers should ensure a level playing field for raw materials and provide
favorable operating conditions for the recycling industry," comments Christian
Klöppelt, Research Fellow, Fraunhofer IMW as spokesperson for the research
consortium.

Concretely, the international researchers propose considering the pricing of CO2
emissions in Thailand. Additionally, there's a suggestion to expand the Thai
Bio-Circular-Green (BCG) Economy Model to include metal scrap. Moreover,
creating conducive operating conditions for the recycling industry is
recommended. Lastly, a humble appeal is made to the government to lend support
to research, development, and education initiatives in these areas. The study is
presented to the professional public on Wednesday, March 27th, 2024, at the
Hyatt Regency Bangkok Sukhumvit, Thailand.

About

Oryx Stainless Group with its parent company Oryx Stainless Holding B. V. is an
internationally leading business group for trading and processing scrap metal as
a raw material for stainless steel production. Customers include producers of
long and flat stainless steels around the world. On the supplier side Oryx
Stainless has a wide, continuously expanding, international procurement base. As
a business group that operates worldwide, delivering good service and a
transport infrastructure that works smoothly are essential to us. The company
guarantees both with their sites in Europe and South-East Asia. Since 2012 Oryx
Stainless is present in Thailand via Oryx Stainless (Thailand) Co., Ltd. The
company is also present in Southeast Asia with a subsidiary in Malaysia.

Asian Institute of Technology (AIT) established in 1959, is a leading
international institution for postgraduate studies, emphasizing engineering,
environmental sciences, and management studies. AIT's comprehensive academic
programs, research endeavors, and practical engagement initiatives equip its
graduates for professional excellence and leadership roles both within Asia and
on a global scale. Situated amidst lush greenery just north of Bangkok,
Thailand, AIT provides a serene and picturesque campus environment conducive to
fostering a diverse and cosmopolitan learning atmosphere. AIT's dedication to
sustainable development and societal progress has earned it recognition on the
global stage. In the 2023 Impact Rankings, which evaluate universities based on