TOKYO—Yokohama Rubber Co. Ltd.'s Hangzhou Yokohama Tire Co. Ltd. Chinese subsidiary was commended as an energy efficiency forerunner at the annual Petroleum and Chemical Energy Efficiency Benchmarking Enterprise Conference.
The award is aimed at promoting energy saving policies of the Chinese government. Hangzhou Yokohama was recognized for the lowest consumption of energy per ton of tires produced.
The Yokohama Rubber Group said in its medium-term management plan, Grand Design 100, that it is trying reduce greenhouse gas emissions and volumes of waste inside and outside of Japan. Hangzhou Yokohama introduced the first solar power generating system among Yokohama's overseas group companies in 2011, Yokohama said.
In 2010, the Chinese subsidiary achieved complete zero emissions, and, according to Yokohama, it is the first among Yokohama's overseas production sites to do so.