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A new flake ice production unit for a Moroccan SME

Investor
MAMA MARINE
Location
Mohammedia, Morocco
Investment
Acquisition of two new flake ice machines with a total capacity of 50 tonnes/day
Investment Size
€ 193,294.54
Financial results
Payback of 2 years and 6 months
Energy savings
285 MWh / year (24%)
CO2 savings
163 tonnes per year
Impact
improve the company's competitiveness by reducing energy consumption and reducing the amount of greenhouse gases related to electrical energy.
Donor
EU, GCF, KTACA, EBRD SSF.

The acquisition of a new flake ice production unit with a capacity of 50 tonnes/day to improve competitiveness.

MAMA MARINE is a Moroccan SME, located in Mohammedia, and operating in the construction of boats, as well as the manufacture of ice and ice water. As part of its strategy to expand to other cities and ports in the Kingdom, the company decided to extend its activity to the new fishing port of Casablanca.

The company requested financing and technical assistance from the Green Value Chain (GVC) programme for the acquisition of a new flake ice production unit with a capacity of 50 tons/day for a total amount of € 193,294.

The new production unit is equipped with two GENEGLACE F900 ABF flake ice generators (with flood bottle) with a unit capacity of 25 tons/day. Each generator is powered by a RIN 1x125OS-EL-300 refrigeration unit with economiser, CAREL electronic expansion valve and variable speed drive. The refrigeration plant uses an environmentally friendly refrigerant, ammonia. The unit is also equipped with an evaporative condenser MODEL VXC-135.

This investment is expected to improve the company’s competitiveness through reduced energy consumption and low maintenance requirements, resulting in less downtime and increased productivity compared to their existing production line.

The return on investment is estimated at 2 years and 6 months, thanks to productivity gains and energy savings of 285 MWh/year or 24% energy savings per year. In addition, the company should be able to reduce its greenhouse gas (GHG) emissions by 163 t CO2eq each year.

Green Value Chain (GVC) in Morocco is a credit facility of the EBRD to provide funding to local partner financial institutions for on-lending to Moroccan SMEs belonging to agribusiness, processing industries and logistics value chains and ecosystems. Supported by the European Union, the Green Climate Fund (GCF), the Korean Technical Assistance and Cooperation Account (KTACA) and the EBRD Shareholder Special Fund (EBRD SSF), the facility aims to improve competitiveness of SMEs and that of their value chains through highly efficient green investments.

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