- First green financing within the POLYTC GROUP
- Financing of state-of-the-art injection moulding machines at the Ebensee plant in Austria
- Financing volume: EUR 13 million
In order to finance a state-of-the-art machine park and a plastics recycling facility at its Ebensee location, the POLYTEC GROUP has concluded its first green financing. The financial volume involved amounts to EUR 13 million.
The ecological aspect is at the forefront of the investment in additional, automated injection moulding machines for the production of reusable boxes for European food logistics. By means of replacement and the acquisition of new hybrid injection moulding machines, which run entirely on green electricity, as compared to the existing equipment, an energy saving of around 45 per cent will result. Accordingly, this project demonstrates that ecological and economic requirements can be combined to perfection.
In addition, a recycling equipment is being built in which used logistics boxes will be granulated and the regrind fed back into the production process. As a result, raw material savings of more than ten per cent will be achieved.
Owing to compliance with a range of sustainability criteria, the described investments at the Ebensee location qualified for green financing. This is being refinanced via Oesterreichische Kontrollbank AG (OeKB) by means of a 40 per cent federal guarantee from the Republic of Austria. Raiffeisenlandesbank Oberösterreich AG was obtained as a financing partner.
The production of plastic parts for the automotive industry and boxes for food logistics at the Ebensee plant has been CO2-neutral for several years. In conjunction with green financing, with the new investments the POLYTEC GROUP is setting a sustainable example for environment-friendly production.
Sustainability as an integral part of the POLYTEC GROUP’s corporate strategy is reflected in a specially created department attached to the Board of Directors, which pools the group-wide implementation of ESG measures.
About POLYTEC PLASTICS Ebensee GmbH
The Ebensee location, which is situated at the southern tip of Lake Traunsee in Austria’s Salzkammergut region, offers employment to a workforce of around 170. In Ebensee, POLYTEC uses injection moulding to produce transport boxes for food logistics and exterior parts for cars and commercial vehicles. Moreover, within the POLYTEC GROUP, Ebensee acts as a lead plant for sustainability and digitalisation. The Ebensee location is almost CO2-neutral, which is a status made possible by efficient production machinery and a corresponding operational infrastructure that includes process cooling and a compressed air supply. Heating is also environment-friendly as it utilises wood chips in a biomass heating plant located directly on the company premises. Since 2020, POLYTEC has been producing around 200 injection-moulded components for the new truck model series of a renowned commercial vehicle manufacturer.