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Serbian packaging manufacturer upgrades old processing equipment

Investor
DIV Trades
Location
Serbia
Investment
Processing equipment
Investment Size
€ 706,500
Financial results
Pay back period of 4 years
Energy savings
3,117 MWh per year
CO2 savings
1 tonne per year
Donor
EU, WBIF

1 tone per year is saved with new equipment

DIV Trades was founded in 1998 and became a leading manufacturer of packaging materials in the Western Balkans. The company makes goods from polypropylene such as container bags used in chemical industry, food industry, coal mines and construction industry.

The management of the company decided to replace the old process equipment seven weaving looms, PP strip extrusion line, shriller and compressor. These machines have served DIV Trades for over a decade and were prone to breakages that affected the company’s productivity.

DIV Trades applied for a WebSEFF loan via a Partner Financial Institution. The WebSEFF team performed the analysis of the investment, its technical-economic parameters and risks to make sure the investment leads to sufficient energy savings and reduction of CO2 emissions.

DIV Trades invested € 706,500 into new process equipment that is more energy efficient and resource efficient. As a result the company saves € 169,000 per year as 3,117 MWh per year. This translates into environmental benefits, and equivalent of 1 tone of CO2 is saved each year.

This facility was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the EU and the Western Balkans Investment Framework (WBIF).

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