Objective
To meet the value-chain-wide need for a viable circular economic model that facilitates the achievement of the EU’s sustainability
goals, ChainCraft has developed an economically-viable process that converts organic residues into valuable biobased medium
chain fatty acids (MCFA) for the agrifood and material industries. Our unique and patented solution is based on a three-step
process using ‘open culture fermentation’ and downstream processing to create mixed MCFA and their downstream fractionated
pure products. We take organic residues from municipalities, supermarkets and food production industries and convert them into
MCFA. These MCFA are supplied to industries producing a.o. animal feed, food, herbicides, plasticizers, and detergents. In return,
some of these companies supply industries of which their waste stream will again be used as feedstock in our process, making it
truly circular.
Our next target in making the chemical industry more sustainable, is the construction of a full scale plant using our circular technology. The first milestone in achieving this target is the final investment decision (FID). To reach this milestone we need the are several major steps with significant challenges we need to make: a contract for feedstock and location; validate our product with our potential customers; arrange agreements with these customers; and then design our plant based on this acquired knowledge. As these steps involve significant risk the support of EIC is key in achieving our target and will help us making the necessary steps to execute our sustainable plan.
Fields of science
Keywords
Programme(s)
- HORIZON.3.1 - The European Innovation Council (EIC) Main Programme
Funding Scheme
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended FinanceCoordinator
1043 AP Amsterdam
Netherlands
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.