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Modernization of pipes production in Tashkent results in energy saving, higher quality and output

Investor
"Pipe Technologies" LTD.
Location
Tashkent, Uzbekistan
Investment
Plastic pipes and fittings production
Investment Size
US$ 171,000
Financial results
Payback of 3 years
Energy savings
1,347.8 MWh per year
CO2 savings
200.7 tonnes per year
Impact
Increased production output, improved competitiveness
Donor
EBRD

The "Pipe Technologies" LTD. Company was founded in 2009 and now is the one of the major manufacturers of polyethilene pipes and fittings in Tashkent, holding 25% of the PE pipes market (and around 60% of the locally produced PE pipes).

The existing PE pipes and fittings production was modernized under GEFF in Uzbekistan via Ipak Yuli Bank - the first participating financial institution of GEFF in Uzbekistan.

GEFF team made a simplified assessment review of the new technology line replacing two pieces of the old equipment at the plant, according to which the modern equipment to allow more than 20% or the energy saving and to increase production capacity of the plant.

Viktor Berezkov, the plant owner and director, said that the EBRD US$ 167,865 loan and US$ 16,786 grant helped him to achieve sizeable energy saving, higher quality and an additional revenue of around US$ 40,000 equivalent.

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