Identifying Cleaner Production Opportunities for enhancing Economic and Environmental Benefits of the Production Process of a Paint Manufacturing Company

Abstract

Cleaner Production (CP) strategy helps manufacturing companies to identifying the opportunities for enhancing the economic and environmental benefits of their entire production process. The manufacturing companies of the paint industry are seeking for such opportunities to reduce their production cost that are spent on consuming electricity and water in their production processes. Using the tool of reducing waste at source under CP strategy, the present study was undertaken as a feasibility study for a purposively selected paint manufacturing company in three segments of maintaining good housekeeping, better process control, and substitution and modification. To do the relevant calculations, both primary and secondary data were used. The calculated data showed that the company would be able to reduce the annual electricity consumption by 18.81% and its cost by 26.49% and the annual water consumption by 25.07% and its cost by 9.39%, if it could implement the suggested CP opportunities. As the managerial implication of this study, the paint manufacturer can decide suitable CP opportunities that are to be implemented to produce environmentally friendly and cost-effective products.