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Australian Minister for the Environment and Heritage
Senator the Hon. Ian Campbell
19 October 2006
An Australian manufacturer of energy efficient insulation panels, CSR Insulation, has opened its first 100 per cent Australian-owned manufacturing plant in China, building on the strong sales growth from Australia and its other joint venture operations in China.
The new $20 million plant in Guangzhou will make CSR's BradcoreTM panels and once the second phase is completed it will also make rockwool, which is an insulation material made from abundantly available basalt rock.
By improving the insulation in buildings, bradcoreTM panels will help keep buildings cooler in summer and warmer in winter, reducing the need for energy-intensive air conditioning and heating.
Minister for the Environment and Heritage, Senator Ian Campbell, today opened CSR's new plant and performed the ground breaking ceremony for the second plant, saying CSR's insulation products would help China achieve significant energy savings.
"Including its joint ventures, CSR now has four manufacturing plants in China that are capable of making a total of 38,000 tonnes of insulation material a year, along with 500,000 m2 of insulation panels," Senator Campbell said.
"Rapidly growing energy demand is causing energy costs in China to rise, and is encouraging companies to reduce their energy consumption," Senator Campbell said.
"Governments and businesses in China are also beginning to recognise the environmental and social costs of high energy consumption.
"This situation creates a great opportunity for Australian companies with energy efficient technologies to enter the massive Chinese market. These are the types of opportunities the renewable energy business mission to China is helping to create.
"Climate change is a global challenge that requires global solutions. Deploying Australian technologies is one practical way we can work with countries like China to help reduce global greenhouse gas emissions and meet China's growing energy demands.
For more information, to check the Minister’s media schedule in China, or to download the latest photos and transcripts, visit www.greenhouse.gov.au/international/china.
Rob Broadfield 02 6277 7640 or 0409 493 902 (Australia);
Jahda Swanborough 0448 838 557 (China)