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Elhelal and silver star invested in energy efficiency to improve its competitiveness and profitability.
El Helal Group Star is one of the largest plastics processing companies in Egypt. The company started as a small workshop in central Cairo, Egypt in 1961. Over the years, it has become one of the most recognized and respected in local businesses. El Helal & Silver Star Egypt Company is one of sixteen companies owned by the group. The company is located at 10th of Ramadan City, Sharqiyah, Egypt. The company specializes in producing all kinds of plastic products (e.g.: Basins, Baskets, Buckets, Chest of Drawers, Dishes, Fridge boxes, Juicers, Picnic boxes, Waste bins, etc.).
The company decided to improve its competitiveness through improving the energy performance and production capacity of its production line. The group invested in replacing seven conventional hydraulic injection machines, which are heavy energy consumers, even at idle state and have low production capacity compared to their modern peers. The old machines will be replaced by new ones that operate using servo energy-saving system which is more energy efficient and offer high production capacity compared to the existing conventional hydraulic ones. With the new high performing technology, El Helal would be able to reduce its energy costs, increase its profit margins and increase production capacity.
The GEFF team evaluated the efficiency characteristics of the new machines and provided technical support in the technology selection process. In addition to assessing the economic viability of the new installation, the GEFF team also provided an assessment of the potential environmental benefits associated with the investment.
The US$ 251,390 investment helped reduce overall energy consumption by the equivalent of 688 MWh per year (20%). The company’s reduction in their energy consumption, in addition to increased production capacity will help recover the investment in less than three years. This is in addition to the improved final product quality.
The reduction of greenhouse gases associated with this investment is estimated at 340 tonnes of CO2 per year, a valuable contribution to mitigating the negative impacts of climate change.
GEFF Egypt was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union Neighbourhood Investment Facility.