European Companies Search Engine

EU funding (€7,808,938): Modular, scalable and high-performance DE-polymerization by MicrowavE TechnolOgy Hor10 Aug 2017 EU Research and Innovation programme "Horizon"

Overview

Text

Modular, scalable and high-performance DE-polymerization by MicrowavE TechnolOgy

"Based on an internationally patented technology, the project foresees to bring at industrial level (through a completely functional pilot plant) the usage of microwaves as Process Intensification approach (through an electromagnetic catalytical effect) of the well-known alkaline hydrolysis depolymerization reaction. Such reaction was, up to know, economically unfeasible due to a certain number of technological constraints that DEMETO finally solves. Coordinated by PROCESSI INNOVATIVI, R&D company of a large EPC (Engineering, Procurement and Construction) group, but supported by a large basis of SMEs that will bring the most innovative aspects of the project technology, DEMETO's Consortium is composed by highly skilled members, which can guarantee the appropriate exploitation of the project business case, also thanks to the involvement of all the major commercial stakeholders of the PET value chain, including the most relevant Customer Segments. In fact, having followed all previous steps from lab-level testing (TRL3) to industrial demonstration of the core reactor (TRL6), we are now in the position to further move the technology towards its market deployment, by building a pilot plant (containing a full reactive unit) that would act as industrial demonstration of the performances of DEMETO's de-polymerization approach to the market. One of the project major strengths is in fact that the market is ready to accept DEMETO's technology. The existing value chain of post-consumer recovery of PET plastic waste is perfectly apt to accept the introduction of a new ""ring of the chain"", that would close the loop into a circular economy model, acting either at the end of the chain (mechanical recyclers) or at its beginning (PET producers). This gives us a total addressable market of about 60 plants in Europe (270 worldwide), for a value of around €1.2bn (€5.4bn worldwide). "


Funded Companies:

Company name Funding amount
3V Tech Equipment & Process Systems S.p.A. €1,029,875
Danmarks Tekniske Universitet €815,125
EUROPEAN OUTDOOR GROUP €120,313
European Plastics Converters Eupc Aisbl €241,875
FRICKE UND MALLAH MICROWAVE TECHNOLOGY GmbH €545,563
GR3N Sagl €687,313
Hennes & Mauritz GBC AB €112,438
KT Tech S.p.A. €1,475,688
Neo Group €143,063
Pet Compania para Su Reciclado SA €230,563
Polymer Comply Europe €0.00
Recuprenda SL €129,938
SCUOLA UNIVERSITARIA PROFESSIONALE DELLA SVIZZERA ITALIANA €628,500
Spindox UK Ltd. €283,063
Synesis-Societa Consortile A Responsabilita Limitata €1,365,625

Source: https://cordis.europa.eu/project/id/768573

The filing refers to a past date, and does not necessarily reflect the current state.

Creative Commons License The visualizations for "3V Tech Equipment & Process Systems S.p.A. - EU funding (€7,808,938): Modular, scalable and high-performance DE-polymerization by MicrowavE TechnolOgy" are provided by North Data and may be reused under the terms of the Creative Commons CC-BY license.