Integlass is one of the largest industrial enterprises not only in Kyrgyz Republic, but in the region, and the only manufacturer of flat glass in Central Asia.
Interglass Kyrgyz Republic
The company applied to KyrSEFF to finance the modernization of its furnace – a significant energy consumer in the energy-intensive process. Although the company has already implemented a major renovation before, this measure was still deemed perspective.
The project included the purchase of refractory oven bricks and other furnace modernization measures, significantly improving the furnace’s lifetime and its thermal insulation.
The $900,000 loan allowed to decrease the energy consumption by 50 per cent and carbon emissions by 70,000 tonnes of CO2. This led to significant cost savings, ranking the investment financially viable and highly prospective. According to KyrSEFF experts, the investment will be repaid in less than five years from energy savings only.
After the successful project implementation the energy savings were confirmed by the KyrSEFF Verification Consultant and Interglass received a $126,000 investment incentive.
This project demonstrates that even advanced companies have huge potential for energy efficiency improvement, which goes hand in hand with the company's profitability and positive environmental impact.
05 Dec 2013