Located in the province of Vicenza, Generation 3.0 has commercial relationships all over the world, trading a wide range of metal scrap and supplying secondary raw materials to the main national and international foundries and steel mills.
Anticipating recent market changes, company owner Luigino Menegatti, together with his sister Valentina, have long planned a series of technological investments to perform end-of-waste treatments on even the heaviest scrap. The new Panizzolo Recycling Systems’ refining plant allowed their new partner to get to know the Menegatti family better and understand their business objectives. Luigino shares his business’ journey to date.
How was the company launched and how is it developing?
‘Generation 3.0 was founded in 2016 by my sister Valentina and me. We took over the business of Nuova Europa Metalli, which our father had owned since 1983, embarking on a new path aimed at intercepting emerging market trends. Right from the start we invested in the best recycling technologies, consolidating excellent business relationships all over the world and differentiating ourselves from the classic scrap dealer.
Being innovative is very important to us. We have launched a company policy aimed at enhancing the heaviest waste, with the aim of recovering up to 95% of the incoming material and from which we are reaping many economic benefits with satisfaction.’
How is the business doing?
‘Our activity, both buying and selling,extends to almost every continent.We have contacts with steel mills, foundries and raw material traders.We periodically diversify purchases and salesaccording to market needs, specialising in waste that must be handled while avoiding competing for semi-finished products such as sheet metal, turnings and sheared demolitions.
In general, we prefer to purchase waste from other treatment lines, such as mixed metals, cans and zorba, because we are able to enhance the metals they contain thanks to thePanizzolo Recycling Systems refining plant.’
Can you give us more details about the company structure?
‘We have about a dozen employees working in a production area of about 30 000 square metres. Inside there is an 800 horsepower hammer mill and various separation systems. We are currently authorised for 22 000 tonnes of waste per year but by the end of the year a new authorisation, the second largest in Veneto, will allow us to handle 130 000 tonnes of incoming waste as well as increasing the range of CER codes.’
What is your vision for the scrap market?
‘As commercial director, I oversee the purchases and sales of scrap and raw materials while researching and analysing new technologies on the market. Time permitting, I also supervise the internal treatment cycle. Starting work in my father’s company at the age of 18, I have built up an important background of pure practical experience. Working abroad a lot, I’ve developed a strong interest in the treatment of scrap, especially the more complex types.’
How did you select the right recycling technology partner?
‘I went to the most interesting companies, bringing samples of our material, in order to assess production, quality and wear. Panizzolo Recycling Systems is well-known in Italy in this field. After a preliminary visit, I was able to test and see the quality of the granulates in the Piove di Sacco plant.
The machinery has very well designed precautions, especially the refining hammer mills. The material I deal with contains significant amounts of steel, iron and aluminium. Not being able to use traditional blade mills, Panizzolo’s grinding method is truly intelligent, simple and innovative.
When new, all grinders are interesting and beautiful to look at. The problem, however, is how the plant behaves in the medium to long term, what machine downtime it will be subject to, what wear it will suffer, the costs of spare parts and more.
The waste we deal with has a percentage of metal that fluctuates between 10 – 20%, so for me management costs are really very relevant. Weighing all these things we concluded that Panizzolo Recycling Systems offered the most intelligent solution, with the right compromise of quality and processing cost, allowing us a good profit margin.’
What investments are planned in the near future?
‘Over the next few months, we will install Panizzolo’sFlex 500 Stationary Refine hammer mill. This will allow to pre-treat the material and increase the production performance of the refining plant. I chose to rely on Panizzolo Recycling Systems again because its hammer mills have a very intelligent design.
I have an especially positive impression of the double pulley rotor, the change of components subject to wear and the patented interchangeable cradle. A simple and high-quality machine that, like the refining plant, will save me a lot of time.’
What are you expectations of your new refining plant?
‘Assuming that everything depends on the quality of the incoming waste, our goal is to reach around 2.5 tonnes of incoming waste per hour in two eight-hour shifts daily. We will do two days of continuous production of 16 hours, while in the third we will dedicate a couple of hours for routine checks and maintenance.
Cleaning, greasing and replacement of components subject to wear are fundamental activities to keep the system efficient and performing at 100%. Keep in mind that every evening, at the end of the shift, I always demand that the most visible production areas are tidy and clean.’
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