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.
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.
- engineering and technology environmental engineering waste management waste treatment processes recycling
- engineering and technology materials engineering coating and films
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.2 - European innovation ecosystems
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Topic(s)
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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
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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
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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) HORIZON-EIE-2022-SCALEUP-02
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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.
03690 San Vicente Del Raspeig
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.