Smartech, a hi-tech company that develops engineered systems to reduce raw materials use, has announced they have received a new order from Egger Group to deliver four additional SMARTWAX systems in 2023 with an option for four supplementary systems in 2024.
According to Smartech, this order continues the long-running relationship between the two companies. Egger currently operates several SMARTWAX systems at select facilities in Europe.
SMARTWAX is Smartech’s in-line wax suspension solution that aims to reduce the use of wax in the manufacturing of wood products and provides exceptional cost savings to manufacturers.
With installations in wood panel mills around the globe, SMARTWAX drives a step-change reduction in production costs while enhancing the product quality. SMARTWAX systems are easy to install and operate, allowing optimal cost savings and a quick ROI to the manufacturer.
In addition to growing panel demand worldwide, over the last few years, wood-based panel manufacturers have faced turbulent wax and resin pricing.
Hans Prettner, vice-president in Asia-Pacific and Europe at Smartech, said: “We are grateful to the Egger Group for choosing our SMARTWAX systems again and for the excellent cooperation we have had with them throughout the entire process.
“We are excited to see the positive impact that these new units will have on their operations and we look forward to a busy and fruitful 2023 and 2024.”
Hanoch Magid, CEO of Smartech concluded: “We strongly believe that this is a big win for both sides and we are really happy to deepen our engagement with a storied manufacturer like Egger.
“We are looking forward to serve more wood-based panel manufacturers with our industry renowned technology and our new AI-based breakthrough Autonomous Manufacturing solution.”