Austria-based recycling technology company Erema GmbH has announced that it hit record figures with its annual sales for the fiscal year of 2014-15, reporting 115 million euros ($131 million) in sales, an increase of 21 percent and 20 million euros ($22.8 million) on the previous year.
The sales for the entire group — including Erema, Pure Loop and 3S — stood at 130 million euros ($148.1 million) for the year.
"This growth is due primarily to the new Intarema plant generation and confirms that this innovation represents an attractive technology for customers,” said CEO Manfred Hackl.
The Interama plant has sold 245 recycling systems at Ansfelden since the system was launched 18 months ago. The system is a complete recycling system, launched at K 2013.
Erema states it is concentrating on expansion. It launched sister company Pure Loop GmbH at the beginning of the year, which focuses on shredder-extruder technology, while Erema states that as a group it will grow its range of services in the field of in-house recycling.
Meanwhile, Erema's subsidiary Erema North America is more than doubling the size of its trial center due to demand, particularly from the post-consumer recycling sector. The trial center at the company's head office in Ipswich, Mass., will be extended to 25,000 square feet from the current 10,000, and will have four recycling systems for test runs. The expansion is scheduled for completion in late summer 2015.
Erema's sister company 3S has also expanded in the past year, with its new premises in Wartberg im Mürztal in Styria, Austria, extended by 4,000 square meters to a total of 7,000 square meters and its number of employees growing from 60 to 68.
Erema currently employs 480 people and states that globally 4000 Erema systems produce more than 14 million metric tons of plastic pellets every year.
