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EREMA Group records 20% YOY increase in revenue for FY 2020/21
Source:Adsale Plastics Network    Editor:JK    Date:14.May.2021

The start of the fiscal year 2020/21 was challenging due to the COVID-19 pandemic. However, EREMA Group's development work and investments of the past years paid off.

 

EREMA Group, which consists of EREMA Group GmbH and its subsidiaries EREMA, PURE LOOP, UMAC, 3S, KEYCYCLE and PLASMAC, was able to continue its course of growth and report a successful conclusion to the year. A total turnover of €250 million represents an increase in revenue of more than 20% compared to the financial year 2019/20.

 

In technological terms, growth in all segments is based on the high quality of recycled pellets achieved using the company's recycling solutions. These systems make it possible to now use post-consumer recyclate for packaging in the cosmetics and food sectors.

 

It can be seen, for example, in the increase of orders for INTAREMA TVEplus systems with ReFresher for the production of odor-optimized recyclate. The recycling capacity of these systems sold during the past fiscal year alone, is 250,000 tonnes per year. 


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Investments at the company's headquarters in Ansfelden, Austria, included doubling the manufacturing space and expanding the customer test center.


In PET recycling, customers producing packaging for the beverage industry are increasingly deciding to go for VACUNITE technology, which was launched on the market two years ago. In addition, EREMA's VACUREMA technology is a process that is not only suitable for bottle-to-bottle applications but also for various other processing capabilities, such as PET to sheet, PET to fiber and PET to strapping.

 

All the recycling technologies mentioned above as well as COREMA systems that perform recycling and compounding in a single step, can be equipped with a comprehensive QualityOn package for monitoring color and MVR values. BluPort - the EREMA customer platform - bundles digital assistance systems that support machine operators in quality control and boosting machine performance.

 

"We have delivered a great deal of development work over the past few years. With the high level of quality we have achieved as a result, we are now meeting the precise requirements of the growing number of brand manufacturers who are committed to plastics recycling and the circular economy," said Manfred Hackl, CEO of EREMA Group GmbH.

 

In addition, with its subsidiaries EREMA, PURE LOOP, that specialize in shredder-extruder technology, and PLASMAC, the EREMA Group also offers in-house customers a wide range of machines for handling different requirements in the recycling of production waste.

 

Also PURE LOOP and PLASMAC can now offer tests with customers' material using the respective machine types in the USA. At the PLASMAC site in Italy, the manufacturing area has been doubled in the past fiscal year and a new demonstration center for machine acceptance tests was also built.

 

The company group is rounded off by UMAC (previously owned machines), 3S (development and production of core components) and KEYCYCLE (planning, engineering and turnkey projects), which means that the EREMA Group covers the entire spectrum of mechanical plastics recycling.

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