{"id":351,"date":"2024-10-24T12:09:48","date_gmt":"2024-10-24T12:09:48","guid":{"rendered":"https:\/\/akmenefez.lt\/naujienos\/akmenes-lez-planuojamas-12-mln-eur-vertes-perdirbimo-kompleksas\/"},"modified":"2024-10-24T12:11:10","modified_gmt":"2024-10-24T12:11:10","slug":"a-recycling-complex-worth-12-million-euros-is-planned-in-akmene-fez","status":"publish","type":"naujiena","link":"https:\/\/akmenefez.lt\/en\/news\/a-recycling-complex-worth-12-million-euros-is-planned-in-akmene-fez\/","title":{"rendered":"A recycling complex worth 12 million euros is planned in Akmen\u0117 FEZ"},"content":{"rendered":"<p dir=\"ltr\"><strong>UAB Ekobaz\u0117, one of the largest waste recycling companies in Lithuania operating since 2007, has been approved for nearly 10 million euros of EU funding for a planned plastic waste and solid recovered fuel recycling complex in the Akmen\u0117 Free Economic Zone (FEZ). The total value of the project, which is expected to be completed by early 2027, will reach around 12 million euros, and the complex is expected to create about 60 new jobs.<\/strong><\/p>\n<p dir=\"ltr\">The Akmen\u0117 FEZ company plans to construct two new plants that will form one complex\u2014a plastic recycling plant and a solid recovered fuel production plant.<\/p>\n<p dir=\"ltr\">Ekobaz\u0117 plans to produce two types of products from collected plastic waste in the Akmen\u0117 FEZ: secondary fuel for energy needs and recycled plastic for new uses. Both projects will contribute to the EU&#8217;s circular economy and environmental impact reduction goals. Recycled raw materials suitable for new plastic products are rapidly gaining popularity across Europe, while solid recovered fuel is widely used in cement plants in Western European countries.<\/p>\n<p dir=\"ltr\">Ekobaz\u0117 has currently reached a significant stage in project development, with the company being approved for EU funding with 80 percent intensity. However, the company still faces procedures such as environmental impact assessments, public consultations, obtaining construction permits, and more.<\/p>\n<p dir=\"ltr\">&#8220;We see great synergy with local Akmen\u0117s Cementas, for whom we plan to supply solid recovered fuel made from non-recyclable plastic waste, which can replace the coal the company currently uses. The other recyclable plastic will be processed into plastic granules right here in Akmen\u0117, which can be reused. Of course, we still have to go through all the necessary procedures and obtain permits. We are currently awaiting a positive conclusion on the environmental impact assessment. Once we receive it, we will coordinate the project with all interested parties and present it to the communities,&#8221; said Marina Curko-Notkuvien\u0117, CEO of Ekobaz\u0117.<\/p>\n<p dir=\"ltr\">The new plant complex is planned to be built on a plot of more than 3 hectares in the Akmen\u0117 FEZ, with construction starting at the end of 2025 and production beginning in early 2027.<\/p>\n<p dir=\"ltr\">According to Lina Mockut\u0117, CEO of Akmen\u0117 FEZ, Ekobaz\u0117&#8217;s investment aligns perfectly with the strategic goals of the free zone, which focuses on attracting companies oriented toward the circular economy and renewable energy. In addition, this investment will further strengthen the Akmen\u0117 FEZ business community\u2019s portfolio beyond a single large business group, increase the diversity of competencies in the area, and create new jobs.<\/p>\n<p dir=\"ltr\">\u201cI am pleased that new investors value both the achievements and future potential of the FEZ and the Akmen\u0117 region. This is not the first time this year that the expansion of a new investor has been partly driven by existing business partnership opportunities in the region. This investment will also strengthen Akmen\u0117&#8217;s position in sustainability, the circular economy, and renewable resources. Our FEZ is becoming a major center for these businesses and competencies, not only on a national level but also regionally,&#8221; said L. Mockut\u0117.<\/p>\n<p dir=\"ltr\">In 2023, UAB Ekobaz\u0117&#8217;s revenue exceeded 27 million euros, and the company employs more than 170 people.<\/p>\n<p dir=\"ltr\">Currently, Akmen\u0117 FEZ is home to companies such as UAB VMG Wood Solutions, a wood particle board manufacturer; UAB Rietuva, a heat supplier; UAB VMG Akmen\u0117s Baldai, a furniture manufacturer; UAB VMG Service Akmen\u0117, an equipment maintenance and process automation company; UAB VMG Lignum Construction, a construction timber solutions manufacturer; UAB Akmen\u0117s Projektai, a real estate company; and UAB Akmen\u0117s Servisas, which began developing heavy vehicle workshops this summer. The free zone specializes in the wood, construction, energy, and logistics sectors but is open to other business segments as well.<\/p>\n<p dir=\"ltr\">In 2023, the total revenue of investors in Akmen\u0117 FEZ reached 120.3 million euros, with 3.8 million euros paid in income and social security taxes, and purchases in Lithuania exceeded 170 million euros.<\/p>\n","protected":false},"featured_media":349,"template":"","class_list":["post-351","naujiena","type-naujiena","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A recycling complex worth 12 million euros is planned in Akmen\u0117 FEZ | Akmen\u0117s laisvoji ekonomin\u0117 zona<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/akmenefez.lt\/en\/news\/a-recycling-complex-worth-12-million-euros-is-planned-in-akmene-fez\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A recycling complex worth 12 million euros is planned in Akmen\u0117 FEZ | Akmen\u0117s laisvoji ekonomin\u0117 zona\" \/>\n<meta property=\"og:description\" content=\"UAB Ekobaz\u0117, one of the largest waste recycling companies in Lithuania operating since 2007, has been approved for nearly 10 million euros of EU funding for a planned plastic waste and solid recovered fuel recycling complex in the Akmen\u0117 Free Economic Zone (FEZ). 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