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Acquisition of 3 new generation dyeing machines and two infrared dryers
NEO DENIM is a Moroccan company belonging to the textile value chain, created in 2011 and located in the industrial zone Al Majd in Tangier. Its activities include industrial dyeing (90%) and washing (10%). The totality of the production is destined for export, of which 90% for the customer INDITEX.
The company is an exclusive supplier to Inditex, one of the world’s largest fashion retailers, with eight brands (Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe) selling in 216 markets through its online platform or its 6,829 stores in 96 markets.
This investment project is part of the renovation of the machinery of the dyeing and drying workshop of the company NEO DENIM. The investment includes the installation of three dyeing machines and 2 infrared dryers of the latest generation in the company’s workshop.
The new Tonello dyeing machines are equipped with a color kitchen that allows an optimal introduction of dyes and chemicals. Thanks to the JET system, these machines offer the advantage of reducing the liquor rate. The machines are all equipped with the latest microprocessor control system. They also have a low bath ratio, which reduces energy, water and chemical consumption.
The two new CE-certified infrared dryers are more energy efficient than steam-heated compartment dryers. They have a high-precision humidity regulator, which minimizes energy consumption. These machines are equipped with an electronic programmer with ten predefined and customizable programs. In each program, the duration of the drying phase, the temperature during drying and the final temperature after cooling are set.
The implementation of this project, financed by Crédit du Maroc Leasing, will reduce greenhouse gas emissions by 75 TCO2 per year compared to the baseline and save approximately 1,000 MWh in subsidiary energy.
Green Value Chain(GVC) in Morocco is an EBRD credit line that provides financing to local partner financial institutions for the financing of green investments by SMEs operating in value chains. Supported by the European Union, the Green Climate Fund(GCF), the Korea Technical Assistance and Cooperation Account (KTACA) and the EBRD’s Special Shareholders Fund, the facility helps improve the competitiveness of SMEs and their value chains through highly efficient green investments.