MMK: Innovations Result in 20% Savings Increase
2 July 2018 (09:33)
UrBC, Magnitogorsk, July 2, 2018. Magnitogorsk Iron & Steel Works (MMK) managed to save over RUR 255m as a result of innovative developments and improvement proposals in January-May 2018; this exceeds the figures for a year earlier by nearly 20%, MMK Information & PR Department reports.
‘Our expert boards processed 2,108 improvement proposals in the first five months of the year. 1,432 proposals got approved, which means 67.9% of all the submitted ideas proved a success (compared with 63.6% a year earlier). 423 innovative ideas got considered in May alone, and 292 got approved. 54% of these ideas had to do with job safety and industrial safety issues. 12% dwelt on resource savings, 6% were related to energy efficiency, and 28% dealt with other aspects of production process,’ the Department says.
The plant’s Senior Metallurgist’s Department saved RUR 107.5m as a result of its improvement proposals implementation; the Senior Power Engineer’s Department saved RUR 52.6m; the Blast Furnace Department and the Power Station Department saved RUR 64m and RUR 48m, respectively.
‘Our expert boards processed 2,108 improvement proposals in the first five months of the year. 1,432 proposals got approved, which means 67.9% of all the submitted ideas proved a success (compared with 63.6% a year earlier). 423 innovative ideas got considered in May alone, and 292 got approved. 54% of these ideas had to do with job safety and industrial safety issues. 12% dwelt on resource savings, 6% were related to energy efficiency, and 28% dealt with other aspects of production process,’ the Department says.
The plant’s Senior Metallurgist’s Department saved RUR 107.5m as a result of its improvement proposals implementation; the Senior Power Engineer’s Department saved RUR 52.6m; the Blast Furnace Department and the Power Station Department saved RUR 64m and RUR 48m, respectively.
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