https://money.udn.com/money/story/11799/7893015
April 12, 2024, 11:15:51
Economic Daily News, Song Yijing
Youngray(DGM) Industrial(DGM), a long-time advocate for the high-value recycling of waste cooking oil, is the only specialized waste cooking oil processing organization in the country. With its proprietary technology, the AIoT intelligent machine has secured over 40 domestic and international patents. The company processes waste cooking oil into low-carbon, clean SAF raw materials, supplying multiple countries with SAF aviation fuel, achieving remarkable performance.
Youngray(DGM) Industrial mainly supplies SAF raw materials to well-known foreign oil companies and has developed the "DGM Intelligent Waste Cooking Oil Machine." By integrating IoT technology, data is uploaded to the cloud using a blockchain management model. Each drop of recycled waste cooking oil is meticulously recorded in the cloud, preventing forgery or tampering. Buyers can trace the oil's source history through the cloud, monitor the recycling progress of each order, and review related data analysis.
The DGM intelligent machine not only instantly identifies the source of waste cooking oil but also combines AIoT intelligent computing, effectively reducing the cost of recycling waste cooking oil and decreasing carbon emissions by up to 80%.
Partner merchants who recycle waste cooking oil using the machine can immediately receive cashback via a mobile app. Currently, over 30 machines have been installed across night markets, business districts, and marketplaces nationwide. This initiative helps promote the production and marketing of low-carbon oil products by major domestic and international companies, accelerating the achievement of the 2050 net-zero carbon emission goal.
Youngray(DGM) Industrial has not only obtained invention patents in over 40 countries worldwide but also won the Golden Ship Award in 2022 and received ISO14067 certification in 2023. Additionally, it holds the EU ISCC certification and is a speaking member, making it the only Asian waste cooking oil processor to achieve ISCC speaking membership. Youngray(DGM) Industrial's innovative technology and business model enhance domestic waste cooking oil recycling and extend the business model globally, continuing to play a vital role in contributing to the planet's environmental protection.
