Objective
B-Ecolyol is BETA's innovative solution to overcome periods of inactivity in biodiesel plants due to market fluctiations in raw materials' pricing, which make production unprofitable.
Our experience in the bio-refinery sector, and in the development of engineering processes for the valorization of used oil enabled us to see that our biodiesel plants could also be used for the production of polyols .These are products with a great market potential as they are used for the production of polyurethane for a vast variety of applications- from coatings and adhesives, to automotive seats or fibres.
Thus, our solution consists on a simple processing technology that can be adapted within biodiesel plants, for the production of eco-polyols from used oil or biodiesel, increasing their productivity while valorizing a product usually considered as residue (used oil). In this way, we eliminate the issue of limited availability of resources and their associated pricing fluctuations. Moreover, thanks to the simplicity and mild operating conditions of our process, we will reduce global warming emissions and use of non-renewable energy by 36% and 61%, respectively compared to petroleum derived polyols.
Our business model at BETA Group has a double approach, 1) as producers of biodiesel and derived added value products such as eco-polyols and 2) as providers of engineering services. The exploitation of the B-Ecolyol project will follow this double strategy, on one hand increasing our bio-polyol production for its commercialization, and on the other, providing our engineering services for the implementation of the licensed technology in other companies with the same productivity issues. In this way, the B-Ecolyols project will not only have a remarkable economic impact on our company (increasing our revenues by 49% by 2023, with a ROI of 3.33) but will also contribute to increase our competitiveness , by targeting new markets and increasing our international presence
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences chemical sciences polymer sciences polyurethane
- engineering and technology environmental engineering energy and fuels fossil energy petroleum
- social sciences economics and business economics production economics productivity
- engineering and technology materials engineering coating and films
- engineering and technology industrial biotechnology biomaterials biofuels
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
33203 GIJON
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.