For almost 200 years, MÜNZING has focused on sustaining and optimizing its value in the social, environmental and financial aspects of the company by creating a long-term value. By doing so, we aim to be prepared for the on-going transition towards a more sustainable business.
We have invested in the construction of a new production plant in our Malaysia location. The purpose of this investment is to increase the positive impact that we generate in our local communities as well as to reduce the negative impacts that we generate on the environment. This new production plant has a capacity of ~50,000 metric tons per year, which will generate more job opportunities at the local community and will reduce the shipping distances for both, our raw materials and our finished product. This translates in the reduction of our shipping amounts by ~10,000 metric tons per year, an amount that earlier was produced in Europe and transported to Asia and Australia. This reduction of shipping distances will reduce our emissions coming from transportation.
MÜNZING as a company with energy intensive processes, is committed to reduce the energy demand at our production locations. For this reason, almost 24% of our budget for projects at the Heilbronn site will be destinated to energy and CO₂ reduction projects between 2022 and 2023.
In addition of reducing our carbon footprint by local production, short transport routes and efficient supply chains, we are currently developing dedicated sustainable products with the purpose of achieving a higher performance. By increasing our product´s performance, we enable our customers to increase efficiency of their processes or durability of their products and thus be more sustainable as well.