enfr

New twine extrusion machine for plastic recycling

Investor
Multisac
Location
Bouznika, Morocco
Investment
New machine for extruding twine from recycled plastic granules
Investment Size
€ 341,621
Financial results
Return on investment: 2.18 years
CO2 savings
1,344.58T eq CO2 per year
Impact
Competitivity/CO2 savings
Donor
EU-GCF-EBRD

Acquisition of a twine extrusion line to recycle waste internally

Multisac, a Moroccan company specializing in the manufacture of woven polypropylene bags, understands the importance of recycling production waste to improve its competitiveness and protect the environment.

The company has therefore decided to implement initiatives aimed at investing in recycling equipment, focusing mainly on plastics recycling. With this in mind, the company applied to the Green Economy Financing Facility II (GEFFII) for financing and technical assistance.

It is a twine extrusion machine using recycled plastic granules, forming part of a recycling line for adding value to production waste. Thanks to this investment initiative, the capacity of the plastic recycling line will be significantly increased, enabling the efficient processing of up to 6 tonnes of plastic per day, equivalent to around 1,920 tonnes per year. This significant increase in capacity will encourage better use of resources and play an important role in reducing the amount of plastic waste going to landfill.

Thanks to the technical assistance and GEFF funding for this new 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 reinforces its position as a responsible player in waste management and environmental protection. In addition, it contributes to a significant reduction in greenhouse gas (GHG) emissions of around 1,344.58 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.