Grundfos, a global leader in advanced pump solutions and water technology, has signed a memorandum of understanding (MoU) with Yeong Chin Machinery Industries Co., Ltd. (YCM) to expedite the transition to intelligent and energy-efficient systems in Taiwan’s machine tool manufacturing industry, thereby enhancing sustainability.
As the first pump manufacturer and water solutions provider to receive full validation for its 2050 net-zero target from the Science-Based Targets initiative (SBTi), Grundfos is committed to driving its transformation towards a net-zero future. This commitment includes helping its customers save energy through intelligent, connected, and energy-efficient e-pump solutions that provide immediate and significant energy and cost savings, optimize system performance, reduce CO2 emissions, and minimize service and maintenance requirements. YCM, a leader in the machine tools manufacturing industry with a focus on high-end markets, has successfully integrated Grundfos’ iSolutions and e-pumps for several years. This cooperation extends beyond product offerings, representing a strategic alliance to elevate the entire industry.
“We are delighted that YCM, our valuable and longstanding partner, has leveraged Grundfos’ products and solutions, especially our E-offerings, to expedite the transition to intelligent and energy-efficient systems in Taiwan’s machine tool manufacturing industry and advance ESG commitments,” said Eric Lai, Regional Managing Director for Grundfos Industry APAC.
Patrick Chen, General Manager YCM commented, “YCM is a company rooted in Taiwan with a global vision. Our customers are leading brands across various sectors because of our commitment to providing a full range of services and putting customer needs as our priority. We actively promote the concept of green and smart manufacturing, ensuring that every step, from raw material supply to end product manufacturing, meets low-carbon standards to ensure energy-saving and environmentally friendly products and services.”
Chen continues, “With the increasing focus on global decarbonization and sustainability, we are excited to have Grundfos as our loyal partner. They understand our business needs, provide us with the most advanced green energy-efficient solutions, and integrate green thinking into customer experience enabling us to stay ahead of our competitors. We believe that this cooperation will not only enhance our competitive advantage, but also bring more value to our customers. We look forward to leveraging both companies’ influence and state-of-the-art products to help preserve the planet for future generations.”
In support of energy savings and carbon emission reductions, the Ministry of Economic Affairs implemented energy efficiency management and power and utility subsidy programs in 2023. Grundfos’ CR and CM multistage pumps, certified by the Industrial Technology Research Institute (ITRI), allow users to receive a subsidy of NT$4,500 per pump per kW. Ki Sung Han, Business Director for Grundfos Industry East Asia, noted, “Grundfos is committed to meeting government standards and initiatives. Our world-class CR and CM multistage pumps, certified by ITRI, represent another significant achievement in the Taiwan market.”
To get more information on Grundfos energy-efficient products and solutions, please visit: https://grundfos.to/taiwan-all-e.
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About Grundfos
Grundfos pioneers solutions to the world’s water and climate challenges and improves the quality of life for people. As a leading global pump and water solutions company, we promise to respect, protect, and advance the flow of water by providing energy and water-efficient solutions and systems for a wide range of applications for water utilities, industries, and buildings. Find out more: www.grundfos.com
About Yeon Ching
Founded in 1954, YCM (Yeong Chin Machinery Industries Co. Ltd.) specializes in machine tool manufacturing. YCM machine tools have been recognized worldwide for superior precision, outstanding rigidity, and exceptional reliability. Today there are more than 70 makes and models fulfilling the industry’s diverse requirements. With nearly 70 years of machine tool manufacturing experience, YCM has established a strong foundation in the field of machinery. Find out more:https://www.ycmcnc.com/en