!— Google Analytics —> <!— End Google Analytics —>
New plastic injection machine purchased with the help of GEFF result in energy savings and increased production capacity.
El- Araby Group is an Egyptian joint stock family enterprise, established in 1964 and engaged in both manufacturing and marketing engineering products and home appliances. El-Araby Group has two industrial complexes, including 12 factories and 4 subsidized manufacturing plants. The company highly depends on the plastic injection machines due to the high market demand for its products.
El-Araby Group started replacing its hydraulic and hybrid plastic injection machines with electric ones. The electric machines are the most suitable technologies in terms of energy efficiency and operation reliability. The company is looking to purchase four electric plastic injection machines, at the first stage of replacement.
The GEFF team performed the project analysis, assessed the potential of energy savings, financial-technical parameters and risks.
The USD 182,357 investment allowed the company to reduce the energy consumption by 153 MWh per year. This means the investment will be repaid out of energy savings in 4 years and 2 months, continuing to generate profit for many years to follow.
The new equipment led to a reduction of the CO2 emissions by 24 tonnes per year, making a valuable input towards mitigation of negative effect of human activity on climate.
GEFF Egypt was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union Neighbourhood Investment Facility.