Increased energy efficiency and production capacity of plastic products

Moni MG is one of the leading companies in the sector for surface coating and manufacturing of plastic products. In 2012, aiming at diversification of its revenues and possibilities of entering new markets has launched the manufacturing of thermoplastic products. The production facility “Injection molding of plastics” manufactures various series of plastic products for the households, electronic and machine building industries. The main problems facing the management of the company are the high-energy intensity and low productivity as a result from outdated machinery. Moni MG seeks to build and maintain its image as a socially responsible company, and pursues a policy aimed at reducing energy consumption and increasing energy efficiency and effectiveness of production process. Consequently, the activities of this project proposal target at significant and visible progress for environmental sustainability through reduction of the negative impact on the environment and achieving more efficient and responsible use of natural resources through: • Investment in new energy-efficient high-performance injection molding equipment of plastics and for their recycling in order to implement the energy saving measures recommended in the energy efficiency audit report; • Consulting services needed for Introduction and certification of energy management system in accordance with ISO 50001, and performing an energy audit (energy efficiency assessment of Robusta). The implementation of the project activities will significantly improve the competitiveness of the company in the following areas: • Improving resource efficiency – the implementation of new technologies and processes will result in saving resources: energy and materials • Improving market positions – the increased production capacity of the new equipment will enable the company to expand production potential and increase market share in plastic products segment.

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Overview

Status Closed (completion date)
Start date 18 Aug, 2017
End date 18 Dec, 2018
Contract date 18 Aug, 2017
View in UMIS

Beneficiary

Financial information

Total cost 2,414,800.00
Grant 1,463,250.00
Self finance 951,550.00
Total paid 1,462,924.20
EU participation percent 85.0%

Location