The largest wool processing factory in Europe will be built in Romania. The investment exceeds 182 million lei
The Ministry of Agriculture and Rural Development announces that Romanian investors from Olt county, Făgeţelu commune, obtained the sum of 182,059,200 lei, within the state aid scheme, through financing from the Ministry of Economy, the funds to be used for the establishment of a factory wool processing and the manufacture of phono and thermal insulation products from wool.
“The Ministry of Agriculture and Rural Development (MADR) welcomes the initiative of some Romanian investors from Olt county, Făgeţelu commune, who obtained the amount of 182,059,200 lei, within the state aid scheme, through financing from the Ministry of Economy. The funds will be used for the establishment of a wool processing factory and for the manufacture of sound and thermal insulation products from wool, but also for the valorization of some secondary products, such as lanolin, organic fertilizers in the form of pellets or the compost resulting from the washing of wool”. announces the Ministry of Agriculture.
Within the factory will be built:
– a production hall with an area of 12,500 square meters
-3 raw wool washing lines with a unit capacity of 1t/hour/line, which will also include the following sub-capacities: centrifugation installations for the extraction of lanolin;
-2 pelletizing lines; a water recycling and reintroduction station;
-2 automatic lines for processing and packaging finished products; energy production capacity through photovoltaic panels installed on the entire surface of the hall.
“The evaluated and validated project will translate into the construction of a factory through which this valuable resource will be processed, in which we find the purpose of the Wool Program, which we started in 2017. We will always be with the Romanians who want to invest in this activity by creating mechanisms to collect wool from sheep breeders in Romania, at this moment letters of intent have been signed with farmers’ associations for 15,000 tons of raw wool”, said Minister Petre Daea.
At the same time, MADR appreciates the initiative of the Ministry of Economy to provide support to the manufacturing industry, all the more so since it is an investment that will contribute to reducing the negative effects of climate change, will lead to the achievement of the energy efficiency objective, through the purchase and installation of photovoltaic panels, and last but not least to the creation of new jobs in a disadvantaged region.