New Technology Spinning Machine (Open End Spinning Loom)
TESBA is a Moroccan SME operating in the textile value chain ranging from the processing of raw materials to semi-finished products (yarns) with a low proportion of fabrics. This company has been based in Tangier since 1993.
As part of the rehabilitation and modernization of its production equipment as well as the optimization of its resources, TESBA has decided to invest in a new Himatex brand open-end spinning machine. This machine has 72 rotors and a diameter of 35 mm and will replace a dilapidated continuous ring spinning machine dating from 1993, the annual production of which is around 180 tons/year of yarn.
The project allows to switch from conventional ring spinning to open end rotor spinning. This new process will reduce the technological process by eliminating the passages of roving and winding, to increase the production of spinning by 2 to 5 times and to reduce electricity consumption. Due to this investment, the value chain of the TESBA company will be improved and the factory will operate with less energy while reducing the losses of fabrics generated which go to public landfills in the Tangier region.
This investment, of nearly €95,000, will allow the sub-borrower to save nearly €16,000 per year (i.e. a simple payback period of nearly 4.5 years) by reducing electricity consumption during yarn production. Annual savings of 89,000 kWh of electricity and 56.6 tons of avoided CO2 emissions can be generated.
Green Value Chain (GVC) in Morocco is a credit facility of the European Bank for Reconstruction and Development(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 and ecosystems through highly efficient green investments.