Last week I met with Martin Leeming CEO of TrakRap Ltd, Saad Waqar, Digitalization and Automation Expert Siemens UK and James Hardie Financing Expert at Siemens Financial Services, to talk about how a Digital Enterprise approach coupled with an intelligent pay-per-wrap leasing model can enable sustainable innovation.
Please watch the videos of the Siemens Industry#SPS2021 event to know more about this technology.
Free registration here: https://sie.ag/3GjF1l5 – on-demand until the end of January.
How can eco-innovative technologies reduce the environmental impact of the manufacturing industry?
TrakRap developed a sustainable and innovative “cold wrap” technology, that can revolutionize the packaging industry. Their successful market launch included an intelligent “pay-per-wrap” leasing model from Siemens Financial Services coupled with Siemens Digital Industries’ digital twin. The financial model could be particularly useful for SMEs in the food and beverage industry.
The TrakRap results are impressive: energy consumption down 90 per cent, 70 per cent less plastic and 40 per cent less cardboard. Quite substantial figures, which equate to a 70 per cent reduction in the overall carbon footprint. What’s more, the material used to make the film was developed to be up to 100 per cent recyclable, bringing the vision of a more circular economy within reach.