Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

LASER-BASED RECYCLING TECHNOLOGY TO CLOSE THE LOOP IN FLEXIBLE PACKAGING INDUSTRY

Project description

Making sustainable plastic recycling a reality

Traditional recycling methods struggle to handle the complex nature of multilayer plastics due to the presence of adhesives, inks and coatings. In a breakthrough effort to combat this issue, the pioneering women-founded start-up FYCHTECH has unveiled an innovative solution that promises to revolutionise the recycling industry. Specifically, the project will tackle the issue through a combination of mechanical processes and a water-based solution with non-hazardous reactants. This will make it possible to separate the layers, removing adhesives, inks, and coatings. FYCHTECH is now gearing up to take their innovation to the market and seek the first customer willing to adopt their technology on an industrial scale, and expand their patent coverage internationally.

Objective

FYCH is a women-founded innovative start-up that has developed a new disruptive integral solution for recycling currently non-recyclable multilayer plastic products. FYCH´s technology can separate the layers by mechanical processes using a water-based solution with non-hazardous reactants, removing the adhesive, inks, and other coatings. FYCH has also developed a deodorization/decontamination step using water vapor to increase the quality of final recycled products. All the technologies involved in the recycling process have been invented and developed by FYCH´s co-founders.
FYCH was founded in 2020 to scale up and commercialize the results of the Ph.D. Theses of Andrea and Oksana (co-founders and promoters). Andrea is CEO and responsible for the business development and organization; Oksana is COO and responsible for customer relations and projects management. Both of them have 100 % dedication to the company. During the first two years, they achieved two public grants, one private investor (who is also an industrial partner), built a pilot recycling line, and created jobs. They also have been developing the company´s business model, market analysis, and marketing.
At this moment, FYCH wants to go to the market and find the first customer ready to scale up the technology to the industrial scale. To reach this goal, FYCH must work on several aspects: determine end markets for the final recycled products, attract the attention of the most significant potential customers, update the business model by improving the financial strategy and the market analysis, and protect the patent in other countries to expand the limits of business opportunities. FYCH will use the financial support of the Women Tech EU programme to hire the services of professionals that can help up to reach our objectives. And the mentorship, networking, and training will be especially beneficial because Andrea and Oksana have a technical profile and are working hard to improve our business skills.

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: The European Science Vocabulary.

You need to log in or register to use this function

Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

HORIZON-CSA - HORIZON Coordination and Support Actions

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIE-2022-SCALEUP-02

See all projects funded under this call

Coordinator

FYCH TECHNOLOGIES SL
Net EU contribution

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.

€ 74 940,80
Address
CALLE LAS PARRAS 10
03690 San Vicente Del Raspeig
Spain

See on map

SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Este Comunitat Valenciana Alicante/Alacant
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

No data
My booklet 0 0