Participants of Worldview360 were invited to 2 industrial visits on 26 and 27 May each. Today's visit covered the Singapore Mint and the Senoko Incineration Plant. Here, we were introduced to the process of coin recycling. How is this problem dealt with in Singapore? Firstly, the coins are returned to the Singapore Mint, where the old coins undergo inspection. Dirty and damaged coins are filtered out, and the rest are packed into cartons and transported to banks. Here's a peek at the place where coin recycling takes place: How are the coins collected? There's the Coin Deposit Machine (CDM), available at some community centres across the island. It is the first ever self-service coin deposit in South-east Asia, and it is available 24/7. This makes it convenient for residents to deposit their coins into the machine. The money would be credited into their bank account automatically. Meanwhile, the coins collected will be returned to the Singapore Mint for recycling. Here's how the machine looks like: This is the third incineration plant built in Singapore. It was completed in August 1992 as part of an effort to deal with the increasing amount of refuse generated by us. It is designed to incinerate 2400 tonnes of refuse a day. In 2000, more than 7000 tonnes of refuse were generated each day. As land is scarce and the availability of dumping grounds is limited, incineration is the most effective method in dealing with refuse. 90% of refuse reduction is accomplished through incineration. Heat generated from combustion of refuse is used to generate electricity through a boiler. Also, metal is extracted from incinerated refuse to be sold to a steel mill. Here's a look at the area where trucks dump refuse into the incinerator: Doors controlled by hydraulic mechanisms open up to allow refuse to be dumped: One has to be careful when depositing refuse into them though: This is how the furnace looks like from a camera (it is 1000°C inside): The fire is started by combusting oil, and then the fire source is cut off once the furnace hits 1000°C. What we can do for our projectSingapore Mint
Problems of having coins (consumer side)
Merchants would be unhappy as it is troublesome to count the coins.
Banks accept coin deposits on certain days only and during specified hours. Also, they charge service fees to cover costs of handling coins.
People would leave coins at home as we would normally use notes for payment - inconvenient to carry coins.The problem of not using coins
Coin recycling
The current cycle of circulation
The ideal cycle of circulation
What we can do for our project
Senoko Incineration Plant
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The refuse is then deposited into compartments, where the incineration would then take place:
posted @ 4:38 PM |