At Matchboard we take the environmental issues facing our planet seriously.
- We have invested over £190,000.00 in an extraction, chipping and heating system that benefits the environment in 3 new ways.
- No waste products to landfill sites.
- All waste product is incinerated and filtered so only water and clean air is pumped into the atmosphere.
During the winter months the expelled hot air is piped back into the factory for heating, therefore reducing the need to burn fossil fuels.
Carbon Trust Loans
The Carbon Trust explains how a loan taken out by Matchboard International Ltd is helping to save thousands of pounds from its energy bill.
Matchboard International Ltd has been supplying MDF panels to the construction and DIY markets for over 10 years. Desiring to become more energy efficient, Matchboard contacted the Carbon Trust for expert advice on ways to save energy.
The Carbon Trust suggested an ingenious way for the company to save on its heating bill. By installing a new heating system powered by MDF wood waste (waste which cost Matchboard £20,000 per annum in disposal charges) the company would save an estimated £23,000 per annum over half the company's energy and waste disposal bill.
Although the total cost of the waste burning part of the project was £34,000, with an interest-free Carbon Trust loan, this investment would be paid back in less than two years using the using the money saved each year on energy bills.
Matchboard received their loan in August 2004 and installation was completed by September 2004. The Managing Director of Matchboard said,
"Without the Carbon Trust loan, such energy savings would have been beyond our budgets for the forseeable future." He also praised the application process calling it "refreshingly simple and free of the unusual and unnecessary administration".
Peter Stones, Financial Programmes Manager at the Carbon Trust urges other SME's to take advantage of the great opportunities offered by Carbon Trust interest-free loans.
"Becoming energy efficient brings both short-term and long-term benefits to SME's with proven impact on the bottom-line. It's also good for the environment as energy efficiency is the most effective way that businesses can help cut carbon emissions."
The Carbon Trust helps businesses save money and cut carbon dioxide emissions through the energy efficiency. The interest-free loans are available for small and medium enterprises (SME's) in the UK that are investing in energy efficient equipment. Drawing from a £10 million fund, loans of between £5,000 and £100,000 are available to successful applicants.
To find out more about the Carbon Trust loan scheme, call the helpline on 0800 085 2005 or visit the website www.carbontrust.com