- 20 April 2007 -
Software aids low energy equipment purchases

A software application has been developed by RECIPE to provide plastics processors with information on buying low energy equipment. RECIPE is the European project to help the plastics processing industry reduce its energy consumption.

Purchasing decisions are often based on quotes from equipment manufacturers for the cost of delivering the product but the lifetime cost of the piece of equipment differs from this initial cost. For example, all-electric injection moulding machines are typically more expensive to buy than hydraulic machines but over their lifetime are less expensive to own and run due to energy savings.

The RECIPE ‘cost of ownership model’ is said to enable processors to calculate the cost of operating a piece of equipment over its projected lifetime, based on energy efficiency and projected usage. Reports from the modeling software will show comparisons of the lifetime cost of a variety of machines as well as the differences in the cost when producing a specific part.

RECIPE; www.eurecipe.com