EREMA Group Continues To Grow And Increases Turnover By 16 Percent

EREMA Group continues to grow and increases turnover by 16 percent

09-Apr-19

The EREMA Group celebrates the most successful business year in the company's history. Consolidated total turnover of more than EUR 180 million in 2018/19 represents an increase of 16 percent compared to the previous year. A total of 6,000 EREMA plastics recycling machines are currently in operation in 108 countries around the world. The company group starts the new 2019/20 financial year with personnel changes at management level and the expansion of the company headquarters in Ansfelden/Linz.

The plastics industry is undergoing change. In the recent past, political and voluntary initiatives as well as an end to the plastic waste exports to China have led to more investment in high-quality recycling technology. The increasing demand is reflected in a new turnover record of the group of companies of EUR 180 million. Half of this volume was generated in Europe. This increase is due to growing sales worldwide in all three recycling markets: post-consumer (contaminated and used plastics), in-house and industrial (clean production waste), and bottle recycling (PET, food-contact-grade). In the latter case, incoming orders almost tripled compared to previous years. This can be attributed to the high demand for proven VACUREMA® technology and new processes based on it, such as the Flakes to Preforms XTREME Renew System developed together with SIPA. The bottle-to-bottle system VACUNITE, which was first launched in November 2018, is also making its mark.

Trendsetter in post-consumer solutions
Order intake in the post-consumer segment also increased again significantly, doubling within the last three years. "Here we are pioneers and trendsetters in solutions for a growing recycling industry that focuses on quality and is becoming increasingly industrialized," says Manfred Hackl, CEO of the EREMA Group. He is also pleased at the way sales are developing in the in-house and industrial sector. Both the EREMA solutions and the shredder-extruder solutions of the Group subsidiary PURE LOOP were able to increase their turnover yet again. The expansion of the in-house product range thanks to participation in PLASMAC, VACUNITE and also the newly-created KEYCYCLE business unit as a provider of complete solutions for plastics recycling, are current examples of new products and innovations. "We thrive on proximity to our customers! This enables us to understand their challenges and develop appropriate solutions," says Michael Heitzinger, Managing Director of EREMA GmbH, one of the recipes for success of the world market leader.

Expansion of company headquarters
The expansion of the company headquarters in Ansfelden/Linz is also a response to increasing demand. End of March there was the ground-breaking for the construction of additional production and office space, scheduled to go into operation in spring 2020.