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Replacement of 3 production lines with new energy efficient ones results in financial savings and increased production
This Client is a leading printing and packaging manufacturer in Egypt. It serves large multinational companies across the Middle East through their range of food and beverage packing products. The company produces paper cups for hot and cold as well as all ice-cream packages in their different shapes and sizes.
The Company had the vision of replacing three old packaging production lines with modern equipment to reduce the energy costs.
The GEFF team performed the technical assessment of the project, evaluating parameters such as type of technology, potential savings and financial and technical risks.
The US$ 353,492 investment allowed the company to reduce the energy consumption by 758.4 MWh per year. The savings from energy allowed the company to achieve the desired financial savings and remarkably increased production by 210%.
The new production lines led to a reduction of the CO2 emissions by 338،291 tonnes per year, making a valuable input towards mitigation of negative effect of human activity on climate.
The pilot phase of the Green Economy Financing Facility in Egypt was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by EBRD’s Shareholder Special Fund and SEMED Multi-donor Account.