JIC Leasing recently provided financial leasing services to a new environmental protection technology enterprise in Hubei Province, funding its Phase 2 Production Line Technical Improvement Project and supporting the development of the local green building industry.

Established for more than a decade, this enterprise specializes in the comprehensive utilization of coal ash, and has always practiced green concepts of environmental protection and circular economy. The fixed waste coal ash generated by the local thermal power plant is used as a key material for “turning waste into treasure”, processing and producing autoclaved aerated concrete blocks and slabs certified as “Green Building Materials”. The enterprise has grown into a leader in the energy saving building materials industry in Hubei Province.

Following the commissioning and operation of this Technical Improvement Project, the enterprise can consume 300,000 tons of the coal ash generated by the local thermal power plant a year, ensuring its green, low-carbon and resourceful utilization and turning solid waste into an urban mineral resource. At the same time, this procedure reduces the environmental pollution caused by coal ash, thus creating a virtuous cycle within the industrial value chain and promoting sustainable urban development and green transformation.

Green building materials are a key industry in the development of China’s green economy.  Having carried out an in-depth investigation into the enterprise and the future prospects of the project, JIC Leasing played a financial boosting role, contributing to the sound development of both local entities and the green building industry by means of practical actions.