Elec'Recyclage Tunisie received an EBRD loan of up to ?1.1 million to finance the construction of an industrial building in
The company used the financing to invest in new equipment to expand its recycling capacity, including a shredding workshop of 135 m² and a conditioning, shredding and compacting facility, which have increased the company's thermal treatment capacity from 700 metric tonnes/month to 2,000 metric tonnes/month.
"The new technology has not only made the recycling process more productive and efficient, but it has also reduced the amount of waste that is sent to landfill or openly dumped. Elec'Recyclage has been able to increase the volume of recycled materials it sells by 40%, from 6,270 tonnes per year in 2017 to 8,745 metric tonnes/year expected by the end of 2023. The company is also expected to indirectly reduce its CO2 emissions by 2,647 tonnes a year by the end of 2023, " according to EBRD.
In parallel, the company benefited from EBRD business advisory support to implement
The investment also helped the company to improve the working conditions of its 100 employees, 35 of whom are women, by reducing noise levels and introducing more efficient workflows.
The inauguration ceremony was attended by EBRD First Vice President and the Head of its
Jürgen Rigterink commented: «We are very proud to inaugurate this facility with our partners Elec'Recyclage and the EU. This modern facility has helped to increase recycling capacity through greener and more energy-efficient operations while enhancing the working environment of its employees. We are delighted to be able to support the company with both financing and business advice to boost its competitiveness and widen its markets!»
Elec'Recyclage is a Tunisian company specialising in industrial waste recycling, offering waste-handling solutions to more than 100 companies in
Since the start of its operations in
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