The state owned Foundation Environmental Investments Centre (EIC) is providing EUR 2 million in support for the updating of Tarmeko Spoon’s plywood production line and EUR 493,000 to AS Klaasimeister for the acquisition of a glass melting furnace, via the Energy and Resource Efficiency of Undertakings measure.
The goal of the AS Tarmeko Spoon project is to increase the resource efficiency of the company’s production process. Investments are being made in production technology, with the updating of plywood production equipment enabling the company to utilise the generated veneer waste. The use of wood will improve and consumption of resources will decrease. As a result of the project, nearly 62,000 m³ of timber, 56,132 MWh of electricity and 7800 tonnes of glue will be saved over a period of 20 years. The total cost of the project is EUR 7,681,092, of which the EIC is providing EUR 2 million in support via the EU Regional Development Fund (ERF).
AS Klaasimeister will use the financial support to acquire a glass melting furnace, which operates based on contemporary technology, for the factory located in Kolu Village, Kose Rural Municipality. Doing so will eliminate a bottleneck in the manufacturing chain, improve the use of resources, and make it possible to expand the selection of products. The cost of the project is EUR 1,595,500, out of which the EIC will be providing EUR 492,950 in the form of support from the ERF. The project will result in a 58,120 m² reduction in the generation of glass waste and savings of 4880 MWh in electricity over a period of 20 years.
One of the requirements in order to receive the support was a detailed analysis of resource use, performed for both companies by AU Energiateenus OÜ.
During 2017, the state, via the EIC and through the Energy and Resource Efficiency of Undertakings measure, provided a total of EUR 202,000 in support for the performance of 37 resource use audits and a total of EUR 5.83 million for 6 Energy and Resource Efficiency of Undertakings projects.
Support for enhancing the resource efficiency of industrial undertakings is granted from the European Regional Development Fund (ERF) under the Energy and Resource Efficiency of Undertakings measure, developed by the Ministry of the Environment in co-operation with the EIC. The application round is open, with additional information on resource audits intended for processing industry undertakings as well as the application round for investments available on the EIC’s website.
A requirement for the investment is the carrying out of a resource audit in the company. Support in order to help with the above can also be applied for from the EIC. Contact information of companies carrying out resource audits can be found HERE.
The reason for supporting resource efficiency is to increase the resource productivity of Estonian processing industry undertakings via the adoption of innovative solutions. In addition, it provides an opportunity to increase the reliability of processes and products, in order to reduce interruptions in the daily operation of undertakings and to ensure the normal functioning thereof.
The Ministry of the Environment’s blog on the subject can be followed HERE.