enfr

New production waste recycling machine

Investor
MULTISAC
Location
Bouznika, Morocco
Investment
Acquisition of a new production waste recycling machine
Investment Size
289,616 €
Financial results
Return on investment: 2.66 years
CO2 savings
1,056 T eq CO2 per year
Impact
Competitivity/CO2 savings
Donor
EU – GCF - EBRD

Acquisition of a new production waste recycling machine

Multisac, a Moroccan company specialising in the manufacture of woven polypropylene bags, is fully aware of the importance of recycling production waste both to improve its competitiveness and to protect the environment. With this in mind, Multisac has considered setting up investment initiatives focusing mainly on plastics recycling, in order to make the most of production waste, and has applied to the Green Economy Financing Facility II (GEFFII) for funding and technical assistance.

This is a production waste recycling machine designed to transform plastic waste into plastic granules, forming part of a complete recycling line designed to recover production waste.

As a result of this investment, the capacity of the plastic recycling line will be significantly increased, enabling the efficient processing of up to 6 tonnes of plastic per day, or around 1,920 tonnes per year. This significant increase in capacity optimises the use of resources and reduces the amount of plastic waste that would otherwise have been sent to landfill.

Thanks to technical assistance and GEFF funding for this investment, the company has been able to create new job opportunities in waste collection and sorting, while guaranteeing productivity gains.

This investment demonstrates the company’s commitment to sustainability and consolidates its position as a responsible player in waste management and environmental preservation. It also makes a significant contribution to reducing greenhouse gas (GHG) emissions by around 1,056 teq CO2 each year.

Green Economy Financing Facility (GEFF) in Morocco is a green economy financing program, implemented by the European Bank for Reconstruction and Development (EBRD), will provide financing to Moroccan private enterprises through local financial institution partners. Supported by the European Union (EU), the Green Climate Fund (GCF). It will enable local companies to invest in green technologies, reduce their costs through climate adaptation measures, energy efficiency and renewable energy technologies.