A record turnover with consolidated sales reaching €155 million ($183m) has enabled Austria’s Erema Group to post growth of more than 10 per cent in 2017/18.
Evidence that the recycling machinery company is “in tune with the times“, according to chief executive Manfred Hackl, the plastics industry is undergoing a period of strong change as a result of China’s decision to end the import of post-consumer plastics waste and initiatives by the EU Commission, such as the Ellen MacArthur Foundation. This has increased the willingness, says Hackl, of raw material manufacturers, producers and recyclers to invest in modern and quality-oriented extrusion technology.
Erema Engineering Recycling Maschinen und Anlagen increased its turnover by around 18 per cent, generating sales of €144m ($170m) for the financial year. This is thanks to improved sales in all three recycling markets: Post-consumer, Inhouse and Industrial and Bottle Recycling.
Sales of the company’s Intarema K fully automatic processing system for inhouse edge trim have doubled in the past 12 months, with more than 40 shipped in the timeframe. Meanwhile, late last year Erema sold its 200th Vacurema machine for the bottle-to-bottle sector to a customer in Venezuela. And the first Vacurema Inline Preform system was sold to a Japanese customer.
In the filtration system segment, Erema’s Laserfilter for PET has already been sold a number of times in the inline sheet, strapping and pelletising sectors within a year of product launch. The company is also enjoying good results from its ReFresher which, in combination with the Intarema, ensures thermal-physical odour minimisation. This technology, says the company, broadens the field of application for recyclates from post-consumer material – a step in the direction of the closed product loop.
Erema’s group company Pure Loop, founded in 2015, also experienced a turnover upturn, by more than 30 per cent. The company specialises in shredder and extruder technology.