Can China Clean Up After the Aluminium King? [Fossil Fuels]

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Can China Clean Up After the Aluminium King? [Fossil Fuels]

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Zhang was the founding father of the captive coal plant model, or `Weiqiao model', in which the company powers its own production plants with its own coal plants. Before transforming the aluminium industry, Zhang became known as the `textile king' when he plugged a coal plant into one of his textile factories in 1999. It's now widely used across Chinese industry but it's concentrated in the highly energy-intensive primary aluminium production, where owning a coal plant is a competitive advantage because it avoids costly electricity bills. With cheaper energy, his textile company grew into one of the largest denim and cotton-yarn businesses, and the company's aluminium segment competed against Chinese state-owned enterprises and other international giants. Zhang became the `aluminium king'. Other Chinese aluminium firms copied his model, especially in Shandong province, and also thrived. But Zhang built his own electricity grid. Hongqiao always seemed to be a step ahead.

Inspec keywords: coal-fired power stations; yarn; aluminium manufacture; cotton; textile industry; coal; aluminium

Other keywords: Al; Chinese state-owned enterprises; energy-intensive primary aluminium production; textile king; textile factories; company aluminium segment; production plants; Chinese aluminium firms; captive coal plant model; cotton-yarn businesses; electricity grid; Weiqiao model; international giants; aluminium industry

Subjects: Textile industry; Power applications in metallurgical industries; Engineering materials; Steam power stations and plants; Power applications in textile industries; Metallurgical industries; Clothing industry

http://iet.metastore.ingenta.com/content/journals/10.1049/et.2021.0211
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